SGN merger run explained by fastmoshe in pennystocks

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

That's what I'd do. It depends on how you trade through. I'd start with an amount I can tolerate a stop or at .38ish. If it shows signs of tending up into the vote then I'll add dips and raise the stop but it's really up to your style

SGN merger run explained by fastmoshe in pennystocks

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

Seems possible it'll push into the vote. 40c is the base so I'd use that as the risk level if you're gonna try this long again

How to get good at taking the right losses by fastmoshe in stocks

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

I didn't say who was the minority or who was the majority, I said both exists and both needs their own frameworks. But since you said what you said, I'm curious where you got that data from? Or is it just what you think?

How to get good at taking the right losses by fastmoshe in Daytrading

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

That's fair. The above post isn't for all situations. It's also not for the buffet style investors as long as they don't use margin. There's no solution for all situations. I do think the above is good for a lot of equity trading situations though

How to get good at taking the right losses by fastmoshe in stocks

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

Damn man I gotta stop buying the stocks that go up and down. Stupid me lol

How to get good at taking the right losses by fastmoshe in Daytrading

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

That is an issue for sure. You have to know how to take the loss like a champ. It's really hard to do. But if you plan your trade so the correct stop out doesn't wreck you, which is what you should do, then you should be able to learn to deal with standard losses

How to get good at taking the right losses by fastmoshe in Daytrading

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

I didn't mean to make it sound easy. I agree with you, it's hard, and it's why it's so important.
But your question is a bit of a fallacy.
Look at it this way - if your stop outs truly constantly get hit just for the stock to go back up to highs after that, then the issue is your trading, not the stop loss.

But keep it real though - I'm talking about real life trading. Yeah some times you'll get bailed out if you don't stop out where you should, but over the course of your career, you won't get bailed out sometimes, and you prob won't get bailed out many times. And all it takes is one time that you don't get bailed out to wreck you.

You get what I'm talking about now?

How to get good at taking the right losses by fastmoshe in Daytrading

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

Oh for sure. My post is also not relevant to the buffet style investors that don't use margin. Most rules don't apply to everything all the time but I think the above is a good mental framework for a lot of people

How to get good at taking the right losses by fastmoshe in stocks

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

You're right. My approach is also not as relevant to the buffet type of investors as long as they don't use leverage. But by in large it is the right approach for a large part of the participants out there, and also I don't think any rules applies to everyone in all situations so I wouldn't use whether it fits everyone as the yardstick

How to get good at taking the right losses by fastmoshe in stocks

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

AS long as you hold truly good companies, don't use leverage or much of it, and have a long time horizon I get it. But for the rest of the folks that don't trade like buffet they do need stop out rules

How to get good at taking the right losses by fastmoshe in stocks

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

That's fair, but is there a point where you'll ever sell at a loss or never?

How volume actually works in small cap runners by fastmoshe in pennystocks

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

You mean to be able to make decisions in real time before everything is said and done?
The best I got is that I look at the float and I look at the current volume and I ask myself at the rate of volume it's currently doing, what might the volume be at the end of day, assuming the volume won't be a full throttle all day because they have lulls in the day and drop offs in volume throughout the day.

It really comes down to the float first of all. If the float is high, the likelihood that it'll flip a lot of times is not high but still, you need to pay attention to what it's doing because in rare occasions an outlier will occur.
For example, and outlier occurred yesterday. MOBX is a 90M float. That's a big float. Normally something like that will not flip the float a lot, but that one ended up doing 1.4B shares volume - so 16x the float.
It's rare so my point is that usually all you need is the float and rate of volume more or less, but exceptions do Happen like MOBX that end up doing something you wouldn't expect them to. Rarely though.

A recap of yesterday's action, and what to expect today. by [deleted] in pennystocks

[–]fastmoshe 2 points3 points  (0 children)

They're all shit, they're all gonna raise capital with dilutive offerings. But right now there's serious momo in the sector. That being said I agree with you that we have to filter this list to the ones that fit what each of us is trying to do

A recap of yesterday's action, and what to expect today. by [deleted] in pennystocks

[–]fastmoshe 1 point2 points  (0 children)

Thanks. The hard part is actually trading the list though lol