$Trump Media & Technology (DJT.US)$
i held 100% position for the trump trade, i lost, and i took the L, wake up and return to the fundamentals.
this is not the next GME, because retailers are against each other, so as the institutionals.
open up your eyes and think to yourself, which company has ever, recovered from a north of 50% loss from its peak, within the matter of days?
companies may have lost this much within the timeframe, which is still laughably com...
i held 100% position for the trump trade, i lost, and i took the L, wake up and return to the fundamentals.
this is not the next GME, because retailers are against each other, so as the institutionals.
open up your eyes and think to yourself, which company has ever, recovered from a north of 50% loss from its peak, within the matter of days?
companies may have lost this much within the timeframe, which is still laughably com...
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$Trump Media & Technology (DJT.US)$ “The only problem you’re gonna have is you didn’t buy more”
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$Trump Media & Technology (DJT.US)$
pour your money in for the sentiments’ sake
i said 42 today but 100 it is tomorrow
0 or nothing let’s swing the red across america dear 王建国
pour your money in for the sentiments’ sake
i said 42 today but 100 it is tomorrow
0 or nothing let’s swing the red across america dear 王建国
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$Trump Media & Technology (DJT.US)$ help me kickstart my trading career
betting on your win and triple my port thanks habibi
betting on your win and triple my port thanks habibi
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JianHoung OP bic mutney : And you’ll effectively be in a deeper hole as a short term investor, possibly break even in the medium term and god knows what in the long term, of which none seems favourable when you can possibly be making 3%-5% DoD or even WoW if you trade the right stocks, which allows you to easily recover from this in no time
JianHoung OP NoWomanNoCry : Remember one key point i mentioned: this is a gamble to begin with, and it was a meme. and what i basically thought was that because the failed shooting which shot prices up, was a sign that a widespread sentiment of strength and confidence could push this up, which it did.
likewise with the win, i thought that sentiment would push this up again, stronger this time because now it would affect not just america but the globe, possibly shooting this to a higher high.
I told my friend that this was going to be a sentiment play, and i would have had to ditch this within the first hour of. But i did not follow my own game plan myself because of greed, because it didnt high the high i wanted it to hit, at 85 pre election, 185 after the consolidated win.
Truth is, if i stuck to one golden rule: to ditch it upon consecutive market open after consolidation of win, i wouldve still walked away with profits, but greed got into me and the moment i saw it boom to 55 the split second the market opened, i doubled down, Averaging my cost up to 44/45 ( it was at 35 )
Going back to the fundamentals, yes the company has no fundamentals hence why it was going to be a sentiment play.
JianHoung OP JianHoung OP : To add to the dude above talking about GME and elon, here’s what i have to say: no it is not going to be better than gme and you don’t have elon.
With GME, the sentiment was maintained because of how widely known GME was relating to its glorious past, which acted as a seed to the play. Secondly, the news reporting which effectively marketed the stunt and gotten more retails coming into the scene was what was watering this seed through its growth, of which in contrast, there is nothing about DJT here, no glorious past, no nothing, no basis, nor was there widespread interest (correct me if im wrong im not from usa haha)
Furthermore, elon is not touching this stock for 1 simple reason: conflict of interest. The moment elon touches this thing, it will effectively take a share of twitter’s market share over to a new platform, which if you ask me, sounds like a donation which nobody will make.
Yes elon is supportive, but for the reasons of TSLA, his rockets and that’s it. He may be writing millions in donation but twitter’s market share is not one or two million.
JianHoung OP NoWomanNoCry : Welcome to the stock market. As i mentioned in the main post: use emotions, not the other way round. A sentiment play can be a good play, but be rational. The key here is being sane and rational, reflecting on what you’ve done right and giving props to those while also understanding where things gone wrong. Journals can help.
JianHoung OP MoneySucker : Simple, I dont have a sizeable enough portfolio in betting on something long term nor am I willing to when there are much superior stocks in the market in fundamentals and sentiments, which all have true basis of said fundamentals and sentiments (not factoring in mere bullshit and imagination)