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Up 5% again today.....
Up 8% today. You even now?Now down only -7.5%! Green is in sight...
Yup, +4.6% now! This thing is flying. I'm setting a trailing stop now.Up 8% today. You even now?
maybe I should take some profits.
I’ve never tried advanced order techniques. What are you setting your delta too?Yup, +4.6% now! This thing is flying. I'm setting a trailing stop now.
I set it to 1.48 because the current average true range is 0.74. No idea really if that's a good idea but it seemed reasonable.I’ve never tried advanced order techniques. What are you setting your delta too?
Very similar to the last mania. That's also when the brokerages (TD, etc) became unresponsive due to the crazy load, which is happening again.Cannabis has exploded. Bitcoin at all time highs. It's 2017 all over again.
Do you intend it as a long term holding, or just a short term trade?Up 14% today. I need a lesson trailing stop vs trailing stop limit
Long term.....it’s in a small locked in account. I took a flyer on it. I paid $8.65 for it. I think there is long term potential in the industry, but I also don’t want to ride this thing down back to 8 if I can take some profit and re-enter it lower. I think its all mania right now.Do you intend it as a long term holding, or just a short term trade?
I guess I'm confused by what you wrote here because you say it's "long term" and then say you want to take some profit and don't want to ride it back down.Long term.....it’s in a small locked in account. I took a flyer on it. I paid $8.65 for it. I think there is long term potential in the industry, but I also don’t want to ride this thing down back to 8 if I can take some profit and re-enter it lower. I think its all mania right now.
TDDI offers trailing stop and trailing stop limit. I think I understand them, but not 100% sure.
i was thinking about 20% trailing Order which it puts it around 13.50. does it make sense then to set the trailing limit to 20% with $0.50 variance So it goes to market at $13.50, but won’t sell less than $13.00? Am I’m that right?
As I said just 22 hours ago, 'could drop 20% in the blink of an eye'.And down 20% at the open....
Interestingly, since I posted this observation on Jan 14, 2021,If someone really believes we are entering a brand new world for electric vehicles and marijuana, and that valuations of those stocks look fine today, then you should be able to make a ton of money buying into TSLA, NIO, PLUG, FCEL, BLDP, and HMMJ today. You'll be rich!
My thesis is that there's currently a broad-reaching bubble mania fuelled by extreme stimulus, which is leading to excessive greed and risk taking across a broad range of things. I think that recent movements in HMMJ, EV stocks and BTC are tied to this mania.
It went somewhere. Then it went somewhere else.How come nobody talks about pot stocks any more? I guess everyone has moved on to energy stock hype.
HMMJ never went anywhere, as it turns out.
Interestingly, since I posted this observation on Jan 14, 2021,
TSLA +3%
NIO -65%
PLUG -64%
FCEL -68%
BLDP -70%
HMMJ -47%
I was right about these sectors being a bubble.