Hello wxytrader,
I understand . Thank you I will try it out indeed. Thanks good comments and thread.
If you use stop losses then you are essentially gambling
- Thread starter wxytrader
- Start date
I understand . Thank you I will try it out indeed. Thanks good comments and thread.
You should try to long this AMC stonk.
If you try a million times, sooner or later, such stonks will go up.
You're kidding!! LOL
Why not? Look at all the opportunity you are missing as this bull stumbles on.
You are thinking too linear with right or wrong...you can be right that the price will leg down another level and act accordingly. Placing stops assumes that you always nail the bottom when most positions naturally go negative before they go positive.
Averaging down implies that you start very small on your trades.
Like a very slow portfolio that can be in a drawdown for a long time because it's mostly cash and not fully invested at any time, forget leverage.
Possible, but if any of this underlying traded drops substantially, you wish you just went long spy without leverage, or stayed in cash, for a few years to come.
Like a very slow portfolio that can be in a drawdown for a long time because it's mostly cash and not fully invested at any time, forget leverage.
Possible, but if any of this underlying traded drops substantially, you wish you just went long spy without leverage, or stayed in cash, for a few years to come.
BTW have you noticed that every thread that the OP created is controversial? The dude is a troll par excellance.
My gawd, that's an abomination. That POS stock should have never gone up that high in the first place. It shows how manipulative this stock market is. Did ya really think WallStreetBet was up in arms against short sellers and covering your back?????????? You bunch of naive jackasses!