It's like a video game.... 5 monitors, I do 30-100 trades/day... :,D[/QUOTE
It is a video game for adults, who have spent their childhood ln penny arcades.
PTON
- Thread starter KCalhoun
- Start date
Most time, I just read news, my hobby forums on gardening and travel. And read some high school textbooks to help high school kid(s). Sometimes I make same trade across most of my accounts. Most of time I just watch.
When I make a trade, the impact is normally > 5% or 10%. Or they are just noise.
Too many for my blood now! You’re a young guy, think I am done today! $1900 on TSN
Are you saying thatyour trade causes a move of greater than5% except when it is not. YOu must be biggest swinger on ET.
Not sure about the biggest. I just do not scalp and try to pick up 0.5% during the day. Also I do not move the markets if that was what you meant. I'm just a small trader/investor.
I like a more directional market, not the chopping market. We clearly enter a very choppy market now. We only need to pick up a few winning trades and and those can give me 30% to 40% YTD now.
Some people have the setup and "edge" to pick up the daily gains. But I do not like those chopping gains and losses. Just different ways people trade.
I think I do the ways most hedge funds do.
You are the biggest in your own mind.
What a grand illusion. You have competitors. There quite a few others like yourself on ET.
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As to the PTON trade, I guess with the rumor out, the excitement will persist for a short period. Then it will cool off. Then the pressure is on PTON management again to find a suiter. So some underground talks will continue. Eventually PTON should be sold because it gets little future with it.
If I want to play it short, I'd short it now and wait for next several days to cool off.
If I want to play it long, I'd want to wait it cool off, and accumulate it. Then wait for the next move(s). No one knows how long it takes.
If I want to play it short, I'd short it now and wait for next several days to cool off.
If I want to play it long, I'd want to wait it cool off, and accumulate it. Then wait for the next move(s). No one knows how long it takes.
Why do I even care? About what others do?
Pton is a very tricky situation. They define the new world of fitness and the market cap is only 9bn. That’s tipping money for potential suitors.