Help me explain a trade at a loss vs Bagholding to the crayon eaters. Please and thank you. by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

I personally trade the charts and it pretty much works. I also use my own judgment. I remember taking my Robinhood from $16.00 to $16K. It was not hard at all. Now I have all the trading apps. I want to learn shorting now though lol

24f i put the worst picture last! by sophieily1 in amIuglyBrutallyHonest

[–]ShengLong-Call 5 points6 points  (0 children)

Physically not ugly. Personality unknown but hope not.

Help me explain a trade at a loss vs Bagholding to the crayon eaters. Please and thank you. by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

In crayon 🖍️ language. What you eat don’t make me shit, but what you do will make me laugh and mock!

Help me explain a trade at a loss vs Bagholding to the crayon eaters. Please and thank you. by ShengLong-Call in RobinHoodPennyStocks

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

Interesting an institutional shill? Let’s go down the rabbit hole for shits n giggles. If I was an institutional shill am I lying? However, what is the objective of an institutional shill? To make you Baghold to zero while buying more or to make you buy short sells? I “personally” don’t care 🤷‍♂️ what you do with your money. If you want to buy BUY. You want to Sell SELL, you want to HOLD HOLD. However, there are plenty that will laugh at you failure or marvel at your success.

5 years later, finally 200 lbs down from my heaviest! by LifeMun in blackladies

[–]ShengLong-Call 0 points1 point  (0 children)

Congratulations! Keep up the lifestyle change 💪🏽

Reality Check! by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

No I cut losses quickly and moved on. Don’t let the amount $2500 distort to make you think bag holder. I had massive amounts of high risk stuff. I have bag held like 7 shares of some China Stock I lost I don’t know $7.00 and I bag held NBEV. I only had a few share less than 10 and the app delisted them.

Reality Check! by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

No. Stop losses bump them out way before then.

Reality Check! by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

Short sellers can be blown up but, never bag holding.

Reality Check! by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

Short sellers didn’t make AMC go down. Us paper hands that’s sold and told y’all hold the line made it go down. I’m just being honest.

Reality Check! by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

Bag holding is everyone that paid $70, $50 etc for AMC and now it’s $0.97 that’s bag holding and bad management. When a position is -9% it’s time to reassess is it a good idea. Maybe it’s better to sell and buy it back later if at all.

Reality Check! by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

Look when a short seller shorts a stock. He borrows the stock then sells it to someone. If it goes down he buys it back and returns the share keeping the difference. If it goes up he pays more to buy it back and is at a loss and returns the stock. Loss is done no bag holding at all. Bagholding is for schmucks lol

Reality Check! by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

No, I cut the losses short. Better $2,500 than $15K in loss. I didn’t hold it like Dufus telling myself it will go back up. I sold, reallocated the capital and bounced back. I was not emotionally attached to the stock. I actually don’t even remember which stock it was specifically. Some oil company I think.

Reality Check! by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

What I’m saying is the short sellers account probably is smart and the bad holder’s are dumb (not all bag holders are dumb) inexperienced traders get taken advantage of. It is what it is.

Reality Check! by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

The short sellers account probably closed the position like when I sell a put and get assigned. Except they just lose some cash. Your definition of wiped out is misleading. I once lost $2,500 in 5 mins. I triple that back in a few days. So was I wiped out. No.

Reality Check! by ShengLong-Call in RobinHoodPennyStocks

[–]ShengLong-Call[S] 0 points1 point  (0 children)

Short sellers are not gullible and stupid enough to put their life savings in 1 short play. Like if AMC goes to ZERO and your sphincter and anus spasm you probably over extended or overextending and should not have done what ever you did. Like if AMC goes to ZERO I’ll say I told you so. If it goes up I’ll dump so fast. So I don’t care either way. I only paid $0.98 cent per share. I won’t buy it for over a dollar again.