The way i see it and im no gamer , I bought Nvda in the 18 dollar price range and it was purchased
as my partial interest in the future of autonomous driving cars . now that it is up over 100 percent it still sits
un sold . i have not even seen self driving cars become main stream . when they do nvda should be higher than it is today . my way of investing though is pieces of a puzzle style of investing . if im interested in a sector i pick 5 stocks i find fairly or under valued and i buy them all . nvda was a partial of 5 and i wont sell it for atleast a couple more years , my thought is a bit different than most . i invest in timing more so then price
if you feel the market is turning bearish you would be a seller . im still bullish . not every stock will go up
in a bull market , some times they lag for what seems like forever and then play catch up . its possible this is what nvda has done . look at msft ? compare it to nvda ? or even check out orcl ?
from those 3 you can see the leaders and the laggards . its just an example .
nvda is up over 100 percent in less than 1 years time . its a warning no doubt yet what other stocks have risen even 30 percent of the past year ?
im holding for now
my view based on the moon ?
panic buying as those that are short get caught short and are stopped out which sends the market back up to or above its all time highs .
basically its a crash upwards ,
Hi advice ?
i cant speak for him but read what he said ?
i cant believe he says its someone else fault that he fked up his own trade ?
truth is the moon is powerful and does have an importance when trading
but you have to follow it year to year because its not always the same .
some times its the new moon lows , other time full moon lows
and the eclipses are also tricky to trade around unless you understand
the rythem . as an example . we had had 4 red moons in the past year
this one tonight is the last of them . so maybe see what has been taking place
around both the solar eclipses and the red moons for starters and then
make a guess on how this one will play out .
i would also research the 1929 crash and the 1987 crash and then dig further by
researching the many steep mini crashes over the past and from that you will see
there is a few things that are a constant yet not always .
sometimes you get the opposite which is what i think most have not considered today
to blame anyone other than ourselves for not trading or making a trading mistake is simply
think about your trade for a minute .
194-193= 1 and i think that is where your at .
but your paying 53 cents plus commission.
just using your 53 cents and forgetting the commission .
max is 1 minus your cost of 53 cents = max of 47 cents profit
look at it this way , your risking 53 cents to make 47 cents .
does that make sense to do as a trade ?
what you want to look for is a 4 to 1 risk reward ratio .
that means you want to risk 1 dollar for a potential 4 dollar gain .
bottom line , its not going to be a very good trade .
put the trade down on paper and act as if you have real money in it
include the total cost with commissions and see how it works out come novemeber.
its very easy to want to trade for a sake of making a trade yet some times you have to just stand back
or look for a better risk reward .
i hope that helped
how many red moons have we had in the past year ?
why not look at what the market did on the past 3 of them ?
Tired argument or not it is what is going on .
why would i waste my money on a new car ? if i paid all my debts off then obviously the debt left around the world would NOT be good debt , so no interest in being invested in any sort of bond or debt type investment .i would not fund my friends business endeavors unless i was very much involved with their business , my kids though i would invest in so the money risked was for my kids whom will end up with what ever is left over when i die anyways , there is no personnel " assets that anyone actually really needs " so that would be just wasted money yet i get your point, use it before you lose it .
My point was that this is not about making a profit , it is more about hanging on to what you have .
at the end of the day if all hell broke loose there is only one thing that will keep you alive and that is food . so stock up on dry food would be the best thing to do if you have a end of the world type view .
there is plenty wrong with the world no doubt .
lets say though you have 500,000 or even 1 million dollars and you need to
find a place to put it ? where do you put it ? if it sits in a bank its not even insured so thats out .
government bonds ? not with interest rates about to rise , so thats out .
you could be in real estate so thats some of it in a safe place even if there is risk to the value
do you think houses will be priced at 0 ? you could put some in gold yet how do you store it ?
so some gold yes but not all of it . so where is the last place to park the trillions of dollars
in the world economy ? japan ? they could not handle the volume nor could china and you certainly
would not put your money in europe , so despite all the problems you have the usa as your final resting place
for the world until they dust settles , once the dust settles you will then bring your money back home to what ever country that is .
big problems around the world but for now despite the fundamentals money is flowing into the usa
so you ask why the us dollar rally ?
this has nothing to do with a great economy at all . go put your money in the bank and take that .10 %
or watch that bank start telling you im sorry but you can only withdraw 300 today on your atm card .
then ask yourself who's really in control of your money ? its going to end badly but its not over yet
i think you have the right idea ,
with everyone betting on a crash ( after a mini crash ? )
and now late to the drop they have bet on the wrong side of this market .
even if we are in a down trend just for argument sake i seriously doubt
the market will go down this next week
17600-18200 dow by mid oct is my bet
my seat belt is on yet im thinking we are about to lift off .
with everyone thinking total crash what will happen as there buy stops are triggered ?
watch the $tick as that will give us the signal as to where the fear is .
i agree with your thoughts on a move back to 18000 but it will probably take until year end to get there
monthly chart implies this is all part of a large sideways move which began around june 2014
looking at a monthly close only chart
this drop looks pretty normal .
ill admit its a bit scary yet im thinking we chop around around here
untill month end .
look at thew 40 month simple moving average of the past 20 years
and see where we are today using a line close only chart
id say 192 yet close enough
that level will probably act as support and resistance through out the week .
the monthly close only chart closing down here ( 192-196 ) would give it
the right look . im going to stay flexible and let this week / month end .
most likely the bottom is in place price wise just need the trend to change
yesterday was crazy yet i did manage to pull out 700 pts on the upside
using the futures .
today im not trusting them
So what is this classic 3 days down your talking about ?
how do they typically play out ?
the market has been down for 43 trading days
lol good one nacho
i tend to agree with you with the exception of inflation
if we get all that gov control of our lives it would bring