SPY going to $260?

[ElCubano]

Stay the course. Not so easy.

perfect example. Roku killing myself 2 times not just once. wow. f&&ker..2000 at 18 and then 1500 at 20 and change and I couldn't hold it until now lol.

 

[nooby_mcnoob]

Stay the course. Not so easy.

perfect example. Roku killing myself 2 times not just once. wow. f&&ker..2000 at 18 and then 1500 at 20 and change and I couldn't hold it until now lol.

What do you mean you couldn't hold i ?

 

[murray t turtle]

View attachment 202331

Here's the indicator btw. You can see it leads SPY by a bit.

%%
That looks like a moVing average shorter than 50 dma; fine if one is a trader.I seldom use ma like that unless its a short term trade/more comissions..

 

[nooby_mcnoob]

%%
That looks like a moVing average shorter than 50 dma; fine if one is a trader.I seldom use ma like that unless its a short term trade/more comissions..

Nope. No moving average involved

 

[murray t turtle]

%%
That looks like a moVing average shorter than 50 dma; fine if one is a trader.I seldom use ma like that unless its a short term trade/more comissions..

 

[nooby_mcnoob]

Think of it like a sentiment indicator. That's more in line with how it operates

 

[ElCubano]

What do you mean you couldn't hold i ?

I wanted to hold long term and didn't.

 

[nooby_mcnoob]

I wanted to hold long term and didn't.

Why?

 

[ElCubano]

the shake and bake. I had it back in Dec 2017 after the IPO at 18 sold into a gap up that same day close after earnings, big mistake numero uno. it ran up to 70 and change without pain.Had it again same time but 2018 sure enough shake and baked out.

 

[nooby_mcnoob]

the shake and bake. I had it back in Dec 2017 after the IPO at 18 sold into a gap up that same day close after earnings, big mistake numero uno. it ran up to 70 and change without pain.Had it again same time but 2018 sure enough shake and baked out.

Got it.