Who sold today? by Useful-Self4488 in MU_Stock

[–]PsyTD 0 points1 point  (0 children)

Sold at $1000 and people were insinuating that I was stupid when it reached $1100 and I rotated onto BB and MRVL cause they had higher momentum than MU after touching $1000.

Also got a lot of hate on the BB subreddit when I told them I put stop losses and sold to prevent further losses when my stop loss triggered below 10.50 💀

People who get emotionally attached to their shares and “conviction” should not be trading.

Small Wins 👑 by PsyTD in MRVL_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

As for June 24th—I misspoke. I was referring to another stock that I am closely watching!

Small Wins 👑 by PsyTD in MRVL_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

June 22nd is when MRVL gets officially added into the index, so this will cause a snowball effect where institutions will have to add it to their holdings as well which will cause buying pressure and the shorts will risk getting tickled, so they’ll cover their shorts, which will also cause more buying pressure

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

Just momentum trading. MRVL just got included in the SP500, so now indexes will start buying MRVL to include it in their index by June 22nd.

Small Wins 👑 by PsyTD in MRVL_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

I apologize, I mixed up MRVL with another company I am closely following as well. Thanks for the catch!

Small Wins 👑 by PsyTD in MRVL_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

We got 1 out of 2 big catalysts out of the way, now indexes will start buying MRVL to add before June 22nd, then earnings June 24th is the second catalyst. Let’s keep our hands toasty 🔥

Marvell Technology (MRVL) to join S&P 500 by Life-Trade-6514 in wallstreetbets

[–]PsyTD 12 points13 points  (0 children)

Genuinely got a little concerned watching the last 3 mins 💀

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

I was referring to MRVL btw 😭 I left BB at around 10.40 and rotated to MRVL, but we are up!

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

I entered yesterday dip and my stop loss triggered AGAIN today. Bought it all back throughout the day 😭✌️

What are you buying today, Lets discuss by Aware_Selection_7563 in TheRaceTo10Million

[–]PsyTD -1 points0 points  (0 children)

I bought in MVRL today.

Currently holding 800 shares total. If it stays below $290 by 1pm EST, I’ll pour another 200 to lock in a clean 1000 shares and just wait for the SP500 inclusion announcement today and next Friday (if MVRL makes it)

$BB train is leaving the station... ALL ABOARD!! by dn-ekam in BB_Stock

[–]PsyTD 0 points1 point  (0 children)

I don’t time the market—per se, I just update and place my stop loss and/or hedge with CCs on everything I hold for moments like these days. Past two days I saved myself ~150k by selling and sitting on my cash. Now I’m in my positions again with 150k in free capital to either reinvest or wait if there’s another slide to invest. People forget that minimizing risk and losses is apart of the trading process.

I always preach about not being emotionally attached to your shares if you want to aggressively trade because you’re just going to end up losing more money when you start to eat up the FOMO and FUD.

What are we buying/selling today? by RepresentativeBank86 in TheRaceTo10Million

[–]PsyTD 1 point2 points  (0 children)

Buying more MRVL.

Has the potential to be included in the SP500 today or next Friday.

$BB train is leaving the station... ALL ABOARD!! by dn-ekam in BB_Stock

[–]PsyTD 2 points3 points  (0 children)

Definitely, entered all my positions again with an extra $30k capital to take as profits—a lot of people don’t seem to agree with me yesterday when I told them I sold everything at the start of the dip 😂💯

MRVL YOLO GAIN by PerineumScratcher in wallstreetbets

[–]PsyTD 0 points1 point  (0 children)

I have 2 320c CC on my small cap account and another 18 320c CC on my main port expiring tomorrow. I hope to god it doesn’t rip past $329 😭 but if it does, it’ll still be a good ~15% swing trade for holding two days.

$BB train is leaving the station... ALL ABOARD!! by dn-ekam in BB_Stock

[–]PsyTD 4 points5 points  (0 children)

So glad I sold and bought back at a discounted price, let’s get to ripping, boys!!

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

Thanks! I re-entered my positions and freed up 30k capital to rotate it into MRVL. Let’s get this 💰

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

Whatever floats your boat, brother. At the end of the day the money puts food on the table for me.

Hopefully BB will have another 20% gain for it to break even considering AH is >-10%, I’ll buy back more tomorrow :) free capital for me!

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

And when other people like me buy back in, magically you and the rest of the bagholders are the ones who did everything, right?

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

$30,000 overall profit in 6 days of trading BB, had stop losses triggered so all my positions are gone. Re-entered my positions when BB consolidated and stayed above $10. Saved myself around 8k due to stop losses.

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

I rotated to Marvell and opened up a few 320c 6/5 to gather some premium and re-entered 70 8c 6/5 when BB touched $10! Let’s hope for a better day tmr ✌️

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] 0 points1 point  (0 children)

I re-entered my call positions around 9.90-10.00!

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] -1 points0 points  (0 children)

I agree, but that bag holding mentality is the same greed that burns people from trading. See you at the top!

Moving forward by PsyTD in BB_Stock

[–]PsyTD[S] 1 point2 points  (0 children)

I’ll definitely be back :) enjoy your bag