The cycle continues

• Pinkiii : Nice views. But I feel if momentum is high n entry n exits r good, then it’s always profitable (in short term itself). Also for Many bluechips: sometimes u might have to baghold for long. Just my point of view. I have just started trading this year

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• Ken Griffin Charity OP Pinkiii : If anyone could reasonably predict and time the volatility of meme stocks, they would be billionaires by now.
  
  The only reason why DFV’s in the green is because he loaded up on his positions just before he started tweeting memes and pumping the stock. Even he couldn’t predict the price movement, which is why lost nearly a quarter of a billion in one day.
  
  In short, there is no strategy here. This is pure gambling, and arguably even worse than flipping a coin since coin flips are predictably 50% one way or the other.

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• Cisco seller Ken Griffin Charity OP : Soo you could be wrong too than

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• Pinkiii : I agree with u 100% with what u say. But in my case only: I bought a few bluechips after chking everything, still bagholding a few; bcoz have been in decline since then. N in few: where momentum is high: if u check the price points, how much variation in pricing is there; then in same day, u can calculate: entry, exit n trading volume for profit. I tried this strategy wt few (wt ~100 aud profit), it worked for me (though I selected good tickers). But I’m finding bme n amc interesting: bcoz whatever the reason be; market interest is huge, n huge volatility. So like for short term, can try making some profit. As for other forces: yeah I do believe there’s not many in this world who give the exact picture of what’s the fact; bcoz everyone is first looking for themselves

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• Pinkiii Pinkiii : Gme instead of bme

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• JC88 Cisco seller : i only trust someone who started with a 50k, to 30m and then to a close to 1 bil recently. I don’t believe this is only luck (2-3x in a row? lol?). Unless there is someone else who can grow a portfolio like this or even more than him with just one stock, i’ll be happy to follow him or her.

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• Ken Griffin Charity OP Cisco seller : Wrong about what?

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• Ken Griffin Charity OP Pinkiii : You mentioned you only started trading this year. A few years, much less a few months is insufficient to make any sort of meaningful returns.
  
  And even if you did happen to double, or even triple your investment in a few months (as many traders out there have done), the only thing that matters is if you can beat the market in the long term.
  
  There’s no point tripling your investment in one day only to lost it all trying to replicate your success the next day, because you will only ever end up losing to the market in the long term.
  
  Traders and investors who chase after short term gains are rarely ever profitable in the long term.

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• Ken Griffin Charity OP JC88 : It’s not luck. DFV knows that he’s seen as the meme stock messiah. Before he returned to Twitter posting memes, he started buying short dated calls in large blocks a week earlier, and then he continued buying after he posted more memes, pumping the stock price.
  
  Everything he did was calculated. On the other hand, you are simply buying the top after his memes have already been priced in.

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• 93319933 : Good if ppl are bearish.

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