what is that exactly? Isnt the total paper money used for this contest or the current value of a players portfolio?
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YoungFellow007
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YoungFellow007
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YoungFellow007
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YoungFellow007
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We’ve got a debt ceiling showdown on about Oct 18, the infrastructure bill is up in the air, 10 year bond yields have been skyrocketing killing precious metals, the dollar has been gaining strength on who knows what basis which is bad for equities, the 4400 support level of the most important US indice has been broken, Covid is killing more people than ever, China 🇨🇳 has been putting sugar in the crypto gas tank but the motor is firing right now, Jerome powell keeps teasing about the bond taper worm. WHAT A TIME TO HOLD A COMPETITION!!!!! If the market has an October like September was, given that you can only go long in this competition, it’s going to be all about finding the rare green gems in a sea of red. An early 80’s hip hop classic comes to mind…. “Its like a jungle sometimes it makes me wonder how I keep from going under.” What are your guesses for being in the top 5? i think if anyone goes over 300,000 that might be enough to win. 50% in a month is probably 3 or 4 standard deviations from the mean of 200k if I were to guess.
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Ultimately, there is no definite or right time to buy or sell any security. It really depends on your risk tolerance and how much you are willing to gain or lose on a trade. That is why it is best to set boundaries or parameters for when you trade. Once a stock looses/gains a certain percentage, you will know to sell or buy at that point. lets say your confort level for a certain stock is 2%. You can set alerts to let you know when the stock has gained or lost 2% and then decide to buy or sell. The same thing applies to the price. its best to watch a stock or study its patterns to know how low it usually goes, or hits the floor (support), or how high (hits resitance).
YoungFellow007
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I saw the other day on moomoo that Morgan Stanley's analyst says it's time to cut Tech in reopening revival. But I think tech stocks are still the top picks in the market. I don't see any reopening stocks getting higher and higher like the FAAMG.
$Meta Platforms (FB.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Microsoft (MSFT.US)$ $Alphabet-A (GOOGL.US)$
But...if you can suggest any good reopening stocks, please tell me ASAP!
Bears must die!
$Meta Platforms (FB.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ $Microsoft (MSFT.US)$ $Alphabet-A (GOOGL.US)$
But...if you can suggest any good reopening stocks, please tell me ASAP!
Bears must die!
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