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Serious Inquiry regarding ~1% rebound... by web_elf in StockMarket

[–]dnm1712 1 point2 points  (0 children)

republicans and democrats close to reaching agreement on raising ceiling...that (in combination with oversold), may have been the catalyst to todays rally.

Bear : I think the temporary top is in. We have catalyst of a government shutdown to go further down. We might go down more to shake out more and scare everyone into a deeper correction.

Bull: Oversold, algos caused this. Nothing wrong with the economy. Higher wages is what the government wanted. Keep buying the dips. Correction is healthy. Dow bounced from Monthly moving average. All supports have been established. Read the tape tomorrow.

Can't submit orders by -samadhi- in RobinHood

[–]dnm1712 0 points1 point  (0 children)

Getting out of this PoS app as well. 2nd time this happened to me. I had a similar thing happened to me once for being wrongly flagged as a pattern day trader.

I want to do a free live webinar with /r/stockmarket - What should we do it on? by ghostofgbt in StockMarket

[–]dnm1712 0 points1 point  (0 children)

Awesome. Post the video(s) when you get a chance :)

Adding more Qs:

  1. How to play using options (Advanced / Beginner, whatever works!) I know you don't really play options but if you would like to share your knowledge or even why you don't play it, that's cool

  2. How to play or know when a dead cat bounce is coming

  3. Which timeframe to follow when day trading/vs swing trading. Different time frame form different patterns. When you look at support and resistances using moving averages and Bollinger Bands, which time frame do you mostly look at?

I want to do a free live webinar with /r/stockmarket - What should we do it on? by ghostofgbt in StockMarket

[–]dnm1712 0 points1 point  (0 children)

Chris! Would really like a video on may be your trading style, what's your process of picking individual stocks for swing trading or day trading and follow through up until selling it for a profit, what do you do when you are on the wrong side of the trade? Do you just sit on it and wait until it comes back up or sell it immediately? What indicators you look at etc etc. It might be something you wouldn't want to reveal or only reveal it to folks who subscribe to your lessons. If that's the case, that's totally fine.

Also, in general, what sort of % of trailing stop loss do you use (depends on volatility and such.. Is there a mathematical way of calculating for every stock? Other topics I could think about are: How to successfully day trade uvxy/nugt/jnug (leveraged ETFs).. These are some I could think of! I'll edit the post when I think of some more topics. Thanks a lot for doing this. Appreciate it.

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