The Rokslide Stock Traders Thread

[NDGuy]

With these dips I’m looking to start positions in

SQ
MSTR
TSLA
ABML, however I can’t seem to purchase on Webull?


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That's weird, maybe too small? I can purchase in my 401k through Fidelity.

 

[kayvon]

I’m also expecting a rally on a “better than expected 8% inflation” headline.

 

[DenverCountryBoy]

I’m also expecting a rally on a “better than expected 8% inflation” headline.

8.3% YoY CPI, and they had to change how new cars sales are calculated to get it. They used JD Power numbers instead of dealer numbers. Had they used deal numbers, CPI would have come in at 8.5%. Same as last month.

Crude crack spread is up at $50/bbl. Refiners should have excellent 2Q numbers.

 

[kayvon]

Awesome everything is rallying after I stopped out

 

[NDGuy]

Awesome everything is rallying after I stopped out

Eh we likely go lower

 

[kayvon]

Not until I panic buy at the top

 

[xsn10s]

Not until I panic buy at the top

I think a lot of the algos are designed to do just that. Get shorts and longs via pressure points. dollar cost average in has been the tried and trued method for decades. I'm not that has changes but IMO the algos contribute to shaking people out right now. There are days for traders to just sit out. The same is true for investors.

 

[Broomd]

I think a lot of the algos are designed to do just that. Get shorts and longs via pressure points. dollar cost average in has been the tried and trued method for decades. I'm not that has changes but IMO the algos contribute to shaking people out right now. There are days for traders to just sit out. The same is true for investors.

Algos are a scourge on this market, like most everything else. Simply ignore all the noise to the best of your ability and trust the bigger plan.

 

[xsn10s]

That's one way to view it. And I do not care for them either. But they are a factor in the market and I choose not to ignore them.

 

[eddielasvegas]

BTC is below 30 grand. Me thinks low 20's is a real possibility if it does not hold here.

Fasten your seat belts as just about all asset classes are going to be a wild ride over the coming months. Hell, maybe even life is going to be a wild ride if things continue on their current path.


Eddie

 

[Broomd]

That's one way to view it. And I do not care for them either. But they are a factor in the market and I choose not to ignore them.

Should probably clarify....big difference between ignorance and ignoring something. ....many of us do indeed watch these things, but we ignore them as they relate to our investment strategy.

 

[CJ19]

LUNA and....its gone. I guess i will hold what i have. Yippeeeeee.

 

[eddielasvegas]

I might have to come up with a plan B for my BTC if THIS happens.

Nothing is outside the realm of possibility as we move through these uncharted waters.


Eddie

 

[WoodDuck]

I might have to come up with a plan B for my BTC if THIS happens.

Nothing is outside the realm of possibility as we move through these uncharted waters.


Eddie

Download a Trustwallet and move your crypto there if you haven’t. Then it is in your control.

 

[Crowmangler]

Download a Trustwallet and move your crypto there if you haven’t. Then it is in your control.

Better yet get a hardware wallet like a Trezor or Ledger but make sure it supports whatever tokens you have.

Also if you have cash (USD) sitting in an exchange & you're not gonna be buying anytime soon send it back to your bank account or whatever fiat on ramp you used.

Probably a good time to trust no one, including exchanges

 

[MountainTracker]

Better yet get a hardware wallet like a Trezor or Ledger but make sure it supports whatever tokens you have.

Also if you have cash (USD) sitting in an exchange & you're not gonna be buying anytime soon send it back to your bank account or whatever fiat on ramp you used.

Probably a good time to trust no one, including exchanges

I use a hardware wallet for more control.


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[grossklw]

 

[eddielasvegas]

Doh! Just a few seconds ago and it ain't done yet.

Eddie

 

[kayvon]

View attachment 410251

Must be one of those 7 layer dips

 

[Kilboars]

Great time to be a buyer IMO.

I’m buying more Carnival Cruise Line. Closed at $13.55. CCL

Disclaimer. There one of my clients for over 31 years.


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