So I lost about $7K to $DOCU last week...

destriero said:
There is no barrier to entry in this space and it only blew up because of COVID. $40B in market cap? FU. This thing will be trading $130 in a year.
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Similar tech has been used in Europe (government projects) for a long time and it's here to stay. Paper signatures are going away one way or another. I've filed a bunch of documents and signed them digitally, much faster and more efficient.
But sure, competitors will arrive.
 
d08 said:
Similar tech has been used in Europe (government projects) for a long time and it's here to stay. Paper signatures are going away one way or another. I've filed a bunch of documents and signed them digitally, much faster and more efficient.
But sure, competitors will arrive.
More...


$40B in mcap and 40x revs. I've used docusign a ton for POA, RE closings, etc.

Their second highest tier:

  • Business Premium, which costs $150 a month, or $1.500 a year, per user. These users can get documents signed on-demand from their website, the ability to send the same document to hundreds of recipients and premium support.
 
in 2 days to be exact. what makes it worse is that i had JUST putt hat 5K in there at the beginning of the week. and...i ALMOST made it all back...when i was down 5K, i went back to 2.5K. and i wouldve probably ended at around 5K, but like i said....broker sold me out my trade and restricted my acct for 2 days in a row...and both days $DOCU went up after hours.

using too much intraday buying power was the issue. so mad at myself, man. im debating on leaving it alone for next week. after the dust settles, i guess ill try to play the $10 up/down moves with 50 shares(or maybe even just 25)...
 
up300konngz said:
Obviously I was a dumbass for playing it at the range it was at. I didnt even do my research prior. But...

I was holding 200 shares premarket. It dipped down hard. And hit my stop at $280. I was down about $1600 at that point. I didnt want it to reverse, so I got back in..like a moron.

At this point...I tried to get back out...but my brokers(fidelity) app wouldnt let my order go thru. I kept getting the spinning windows icon...and it just took super long.

Amongst other things...I lost lots of equity in my account and my broker sold me outta positions, including $DOCU, that ended up going back up after hours.

I dont think I ever lost $7K in a week. But what do brokers usually say when their app is jacking up? Im pretty sure theres nothing a trader can do, but I figured cant hurt to ask...
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I am not sure how you day trade the stocks.

for such a market, you have to glue your backside to the trading chair for many many hours,
and eyes to the computer monitor for many many hours, and look for trading opportunity.
Then look for price action, pattern ...
 
maxinger said:
for such a market, you have to glue your backside to the trading chair for many many hours,
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Not necessarily Maxinger, depending on your system it is possible to find day-trading opportunities during a specific time of the day, say between 6 AM and 8 AM (local time, regardless of geographical location).

This 2-hour period will give the trader plenty of time to place his trade and his stop/target.

Then he is done for the day, no need to stay in front of the stupid chart for hours and hours.
 
destriero said:
$40B in mcap and 40x revs. I've used docusign a ton for POA, RE closings, etc.

Their second highest tier:

  • Business Premium, which costs $150 a month, or $1.500 a year, per user. These users can get documents signed on-demand from their website, the ability to send the same document to hundreds of recipients and premium support.
More...

That's a ridiculous monthly fee...
 
maxinger said:
I am not sure how you day trade the stocks.

for such a market, you have to glue your backside to the trading chair for many many hours,
and eyes to the computer monitor for many many hours, and look for trading opportunity.
Then look for price action, pattern ...
More...

right.

for OP, either he didn't glue himself long enough, or he interpreted the chart wrongly.
 
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