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[486] said:
hurt feelings ahead
choo choo
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:lmao::lmao:

standard disclaimer - not financial advice, did not stay in a holiday inn, all this is paper money

Bacho mate you got to give me more info. What was your entry?

knowing nothing though, I would recommend

Set a stop loss order now at whatever your max loss that your can handle is. I use technical levels, but you can be real simple and use a %. For me if I am lazy or cannot read technical levels for some reason I will set an automatic 10% stop loss, might be 5% on a stable stock that is trending but DJT ain't that.

So 32 entry, = 3.2 risk at 10%, so stop at 28.8. Let's say my entire risk for this trade is $100, I can buy 33 shares, with 3.2 max risk per share.

This is a "loose" enough stop that it should not trigger during consolidation or other market news out of our control. You can choose to set a trailing stop %, and that trails up following the highest price, you may need to make it a little looser than 10% depending on the daily range of the stock, and we have seen DJT move 3 in a day. The problem with a trailing stop is today, buy @32, set 10% trailing, stock moves to mid 33's, so now your stop is mid 30's, not 28.8 like a hard (non trailing ) stop, and some market news comes out, stock dips, and you get close or trigger your stop and take a small loss. Tomorrow the stock opens up $3 and you bitch you sold too soon. (welcome to 3 months of my life in 2019). :lmao:

So I might set that stop loss hard at 28.8, and wait for a day or two, then cancel, and change to a 10% trailing stop. Don't forget you don't have to sell your entire position. I will often split my position in half, one with a hard stop, and one with a trailing stop.

Little harder actually on technical levels given the parabolic nature the past week, blown through most support or resistance. One method is to use previous close, so 29.xx, or previous open/2nd previous close but that is back at 25/26 (so max risk $100, now risk is $6 per share too much, and I can only afford 16 shares) Risk reward is not there. Remember also we had S/R (support/resistance) back at 25-26 and much less so at 27.50.

To continue, my targets above are 38, then 42, 50 then the moon :stirthepot::lmao:
38 target, 32 buy = approx 6 profit per share, remember our risk even at 10% is 3.2, so your risk reward is a shade below 1:2, a minimum requirement for me to trade, prefer 3 to 1. Should DJT get to 38 I sell 1/2 of my position, say 18 shares, letting the remaining 15 shares ride to target2 which is 42, buy was 32, profit 10, risk reward on this portion expected a shade over 1:3, really good. At 42 I sell 10 more shares, and leave the last 5 to ride to the moon.

ALL of this should be considered BEFORE you enter a trade. I only enter a trade after among other things I know
  • entry
  • stop loss based on max risk
  • target 1
  • target 2
  • thus giving me my risk to reward
  • exit trade if hypothesis does not work at what level(s)?
  • time frame I will be holding (less than 60 seconds, less than an hour, less than a day, multiple days or week, weeks, months or years)

Move your stops up into green (above 32) once DJT gets around 35ish.

I am still holding a decent position dca of 16.3x, so almost 100%. I am down to about 25% of what I started that position, having taken profits at 18.9X, and 24.xx.

I am treating todays position as a separate trade completely.

I will post my exits but please manage your own risk
 
XtremeJ said:
Sell sell sell.
:lmao::lmao:

Hope you had stops in place
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was just about to post... volatile AF....

Got mine cheap enough that i'm going to hold... just to see what happens.
 
The Quants don't seem to want to touch DJT with a 10' pole. :laughing:

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Roc Doc said:
The Quants don't seem to want to touch DJT with a 10' pole. :laughing:

Schwab Equity Ratings ®
No rating provided by Schwab
Morningstar
No rating provided by Morningstar
CFRA
No rating provided by CFRA
Argus
No rating provided by Argus
Market Edge
Reiterated since October 10, 202410/10/2024

Rating, Neutral From Avoid. As of October 10, 202410/10/2024
Avoid
Neutral From Avoid
Neutral From Long
Long





View Research
Refinitiv
No rating provided by Refinitiv
Vickers



Vickers Insider Prophets Report
Latest Report October 12, 202410/12/2024

MSCI ESG Ratings
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Click to expand...
for a guy who hates 45... you post about him a lot. :flipoff2:
 
Trade-able stock because of Trumpy news, sure. Long term buy and hold, not even with 1% of 1% of my portfolio

Update.
While typing above yesterday, market decided to pull the rug for no real apparent reason, weakness in one chip forecast and suddenly 1929 all over again.

Stopped out of my original 16.xx buy of DJT when it triggered at 29.95, so not quite 100% on that position

I reupped at 32 in the morning, and failed to follow my own advice and immediately set a stop. Would have hit stops during the dip, and taken a loss, but once buyers stepped in around that high 25's low 26 area, I figured I would hold. Did set a 25 stop just in case, and added to the position when it bounced and flagged.

Going forward will treat this as two separate positions, once with a dca of 32.3x, and one with a dca of 26.6x. With a 29.5x price as I post, I am within $50 of being even between both. Still see consolidation in this S/R area 30 - 32. Could be a day or two, could be driven by news instead. Adjusted stops to 27.9x in case we see a drop like yesterday.

I
 
XtremeJ said:
Trade-able stock because of Trumpy news, sure. Long term buy and hold, not even with 1% of 1% of my portfolio

Update.
While typing above yesterday, market decided to pull the rug for no real apparent reason, weakness in one chip forecast and suddenly 1929 all over again.

Stopped out of my original 16.xx buy of DJT when it triggered at 29.95, so not quite 100% on that position

I reupped at 32 in the morning, and failed to follow my own advice and immediately set a stop. Would have hit stops during the dip, and taken a loss, but once buyers stepped in around that high 25's low 26 area, I figured I would hold. Did set a 25 stop just in case, and added to the position when it bounced and flagged.

Going forward will treat this as two separate positions, once with a dca of 32.3x, and one with a dca of 26.6x. With a 29.5x price as I post, I am within $50 of being even between both. Still see consolidation in this S/R area 30 - 32. Could be a day or two, could be driven by news instead. Adjusted stops to 27.9x in case we see a drop like yesterday.

I
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up again today... may hit $34?
 
rockota said:
up again today... may hit $34?
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only a few cents away now.

With it being news driven rather than technicals, I am struggling a little to come up with decent levels in the 30's.

Honestly next big levels I really see are low 40's, to 42 area. So if we see a push on DJT now it could really accelerate.

Loose stops 29.95 , tighter stops maybe 31.95.

Ideally we see this break over 32, with either some consolidation for a couple days, or a retest of the 32 area (low yesterday was just below 30.50) and then off to the races so to speak.

Should Trumpy win in two weeks (I honestly do not know if the R's have the votes to overcome the cheat) DJT could easily retest all time highs in the 70's. Lotsa if, could, should though.
 
The market did well when I was away despite the pull back we see today and yesterday…

$SNA I’m up 33%
$ENB 46%

I’m just going to keep HODLing
$DAN pulled back a lot but I’m only in that play for several hundo
 
Screenshot_20241024-021040_DuckDuckGo.jpg


At a 5 year high. All time high was 96 and 08, hit about $25 a share then.

Bunge (bg) is slouching a bit...might be time to pick up some more. Prob should have cashed out when it hit $120, but I do like dividends.

Ingredion (ingr) is kicking some serious ass. Not too far from all time high. Also at a 5 year high.
 
XtremeJ said:
only a few cents away now.

With it being news driven rather than technicals, I am struggling a little to come up with decent levels in the 30's.

Honestly next big levels I really see are low 40's, to 42 area. So if we see a push on DJT now it could really accelerate.

Loose stops 29.95 , tighter stops maybe 31.95.

Ideally we see this break over 32, with either some consolidation for a couple days, or a retest of the 32 area (low yesterday was just below 30.50) and then off to the races so to speak.

Should Trumpy win in two weeks (I honestly do not know if the R's have the votes to overcome the cheat) DJT could easily retest all time highs in the 70's. Lotsa if, could, should though.
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shy of $38...
 
rockota said:
29hy of $38...
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yup, got an alert over 36, and by the time I checked and headed this way it was >38 then back to 37.2x,

seems like the past couple days may be the consolidation it needed OR more likely polls (and polymarket and Kalshi) are driving the stock.

If you followed on my most recent trade on DJT
  • took some over 32, took more when it shook out to 30.5x on other market pullback.
  • gonna post it as average cost of 31.00 to keep the math simple
  • immediately set hard stop at 29.7x, to be clear I was trading off the 5 minute chart and the stock had bottomed when I set the stop. I try to trade off technical levels rather than timing the bottom - never try to catch a falling knife, so I actually left about 0.75 cents on the trade but in doing so, I was able to set a tighter less risky stop.
  • needed to set a tight stop as I am now pretty heavy in DJT, a full size position in my trade account, and two full size positions in our speculative accounts.
  • trailed up the stop to near break even after Tuesdays open, I was not in front of screens on Wednesday, so did not tighten stops. This is a stock that can easily trade 10% of it's price in a day, so need to expect it to move - mostly news driven, some respect to technical levels, but zero fundamental reason to own this stock
  • moved my stop to 32.95 about noon EST Thursday (just below the opening low) note there was almost a 4.xx move between Wed high and Thursday low, so a pure 10% trailing stop would have seen your position sold.
  • Now looks like we may get the next leg higher.

How do I plan to take profits (given I am struggling a little with technical levels here in the 30's) ?
I am GREEN on this trade regardless.
DCA - 31.00, hard stop at 32.95, no commissions, so 1.95/31 is 6.25% for a weeks work, not too shabby IF I sold today (at 32.95)
Using todays open as a guide I will raise the hard stop (on 1/2 my position) to 34.95 and I see that the 50 day is at 34.7x and climbing so that should be reasonable exit if the market pulls the rug or there is bad news for Trump campaign.
Now the math is
DCA - 31.00, hard stop at 34.95 = 3.95 / 31.00 = 12.7% a damn good return in a week.

IF this was a risky/speculative/lotto trade for you, take (some) PROFITS now, have a beer with lunch and call it good. I plan to lock in some profits today.

If like me, this is a very green trade, you could put a trailing stop on some of your position, set it and forget it until it triggers. IF I was doing that I think either 15% trailing stop, or a $ 4.50 to 5.00 trailing stop is probably loose enough that it won't trigger on these daily moves but will keep edging higher.

And why I recommend locking in some profits now, because weekend, and who knows how we open Monday.

Even so 38.xx now as I type with a 5.70 trailing stop (15%) would see you stop out at 32.30 leaving 1.30 profit from entry. (and why you want to protect some of those profits at higher stops)

We can look at recent price action to give us an idea of where to expect price to go. We consolidated in the 29 - 32 area before breaking above to the 35 - 36 area, an almost 4.xx move, so I would not be surprised to see a similar move again on the second leg of a breakout if we get it, and that would mean 36.xx + 4.xx so can easily see it moving to low 40's. I will need continued momentum from news to drive this, and with less than two weeks now you are going to be bombarded with news. Continued green in polls for Trump will likely mean continued green in DJT, likely. Expect it to be volatile and expect the shorts (bitter liberals) to try to pile in again at some point.

There is decent support / resistance around 42 level.

Manage your risk, killer trade.
 
CarterKraft said:
Real interesting how TSLA moves now that Elon is Ultra Dark MAGA
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Makes no sense really, similar numbers as last quarter (stock tumbled about 10%) but slightly better projections and up 20%.

From listening to some pretty smart guys, there is a definite movement among the trading houses to "punish" Musk for his outspokenness. The best remedy for hurting those shorts is for the stock to go up. They will learn the same lesson Bill Gates did when he tried shorting Tesla.

I think there are many, many folks deathly afraid of what might transpire should Trump win, especially if he installs that African American guy as head of Department of Government Efficiency - needs to arrive on day 1 with the Twitter sink.

Icing on the cake would be releasing Epstein's lists and we get to see how many "celebrities" are actually just kiddy diddlers. Looking at you Bill's.
 
XtremeJ said:
yup, got an alert over 36, and by the time I checked and headed this way it was >38 then back to 37.2x,

seems like the past couple days may be the consolidation it needed OR more likely polls (and polymarket and Kalshi) are driving the stock.

If you followed on my most recent trade on DJT
  • took some over 32, took more when it shook out to 30.5x on other market pullback.
  • gonna post it as average cost of 31.00 to keep the math simple
  • immediately set hard stop at 29.7x, to be clear I was trading off the 5 minute chart and the stock had bottomed when I set the stop. I try to trade off technical levels rather than timing the bottom - never try to catch a falling knife, so I actually left about 0.75 cents on the trade but in doing so, I was able to set a tighter less risky stop.
  • needed to set a tight stop as I am now pretty heavy in DJT, a full size position in my trade account, and two full size positions in our speculative accounts.
  • trailed up the stop to near break even after Tuesdays open, I was not in front of screens on Wednesday, so did not tighten stops. This is a stock that can easily trade 10% of it's price in a day, so need to expect it to move - mostly news driven, some respect to technical levels, but zero fundamental reason to own this stock
  • moved my stop to 32.95 about noon EST Thursday (just below the opening low) note there was almost a 4.xx move between Wed high and Thursday low, so a pure 10% trailing stop would have seen your position sold.
  • Now looks like we may get the next leg higher.

How do I plan to take profits (given I am struggling a little with technical levels here in the 30's) ?
I am GREEN on this trade regardless.
DCA - 31.00, hard stop at 32.95, no commissions, so 1.95/31 is 6.25% for a weeks work, not too shabby IF I sold today (at 32.95)
Using todays open as a guide I will raise the hard stop (on 1/2 my position) to 34.95 and I see that the 50 day is at 34.7x and climbing so that should be reasonable exit if the market pulls the rug or there is bad news for Trump campaign.
Now the math is
DCA - 31.00, hard stop at 34.95 = 3.95 / 31.00 = 12.7% a damn good return in a week.

IF this was a risky/speculative/lotto trade for you, take (some) PROFITS now, have a beer with lunch and call it good. I plan to lock in some profits today.

If like me, this is a very green trade, you could put a trailing stop on some of your position, set it and forget it until it triggers. IF I was doing that I think either 15% trailing stop, or a $ 4.50 to 5.00 trailing stop is probably loose enough that it won't trigger on these daily moves but will keep edging higher.

And why I recommend locking in some profits now, because weekend, and who knows how we open Monday.

Even so 38.xx now as I type with a 5.70 trailing stop (15%) would see you stop out at 32.30 leaving 1.30 profit from entry. (and why you want to protect some of those profits at higher stops)

We can look at recent price action to give us an idea of where to expect price to go. We consolidated in the 29 - 32 area before breaking above to the 35 - 36 area, an almost 4.xx move, so I would not be surprised to see a similar move again on the second leg of a breakout if we get it, and that would mean 36.xx + 4.xx so can easily see it moving to low 40's. I will need continued momentum from news to drive this, and with less than two weeks now you are going to be bombarded with news. Continued green in polls for Trump will likely mean continued green in DJT, likely. Expect it to be volatile and expect the shorts (bitter liberals) to try to pile in again at some point.

There is decent support / resistance around 42 level.

Manage your risk, killer trade.
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$46.12 :eek:
 
DJT - almost parabolic on the daily, this could continue if he continues to show strength in polls (which we all agree nobody really trusts) or the betting market (marginally more trustworthy) or the private polls that Wall Street conducts (most reliable, as they survey money managers, not based on any political affiliation)

But one bit of slander that sticks and DJT could be back to 16.xx in a few days. Risky to buy in or add now, as you would have to use Fridays low 35.xx as a stop, or todays open as a stop 42.xx. And still hard to pick targets above. I noted 48-50 as overhead resistance and that stands for now, look at the daily chart around May. Over 50 brings 55 as a possible target but be careful. 46.50 now with 42.50 stop is 4 risk downside and currently only 2 profit upside at 48.5x. so1:2 risk reward, not acceptable. Now using similar levels but with 55 as target, 7up/4 risk, and almost 2:1 risk reward, approaching an interesting trade, BUT that 48-50 area may be resistance for a while, and we may see back testing to low 40's.

Raised my stops to 39.95 on 1/2 my positions, and have trailing stops in place on various other portions, from a 15% trail down to a 4.20 trail (10% on this am open approx)

Anyone have FOMO?
Heck I am pissed I did not take massive amounts last week on that dip.

If you still want a taste of DJT and you are thinking Trump might win, or the Dems might not cheat enough then I suggest

See where close is today, needs above 46. See what tomorrows range is, I would guess we test this 48-50 area. Guess. And could test it for a few days (let those trapped buyers from May exit their positions). Then buy on a breakout of 50.xx looking for 55.xx, and set your stops at just below 48, so 47.95 or so. 2 risk on a possible 5 gain, 2.5/1 Risk Reward. So with a max risk of $100 I can buy 50 shares, set a hard stop loss, and hope for 55, use $50 for lunch on Friday, pocket the $200, find 8 or 10 trades like this and my week should be great.

We are approaching peak news for DJT though, so exercise extreme care, hard stops, know your risk before entry.
 
sold out of everything this morning, i will see what tomorrow brings. i need to put in stop losses, that has always been my biggest downfall. i should get a nice dividen from F.
 
Wanna real risky penny stock type trade?

QUBT - Quantum Computing. News last week with a link up with MSFT that was the news mover from the 55-65 range the stock has been in for months.

Entered on the news at 0.7x, and took profits (half a position) at 1.05 for just shy of a 50% gain. In absence of strong technical levels I will use 40% as a secondary profit level, and was just a little late pulling the trigger on the sell.

Then let it consolidate last week. This is a good strategy post news or post good earnings, let the initial buyers step in, let those holders sell and take profits, then wait for the second leg of buying or continued buying. Look at the daily chart on QUBT you could see it building a bull flag since late Monday and it has broken out of that pattern today. I added on the break over 1.15.

Too keep things simple I will ignore my early trade and current holdings from that trade at 0.7x cost

this trade, (using whole numbers on position size to keep math simple, please manage your OWN risk)

entry at 1.15 cost average. I bought 1000 shares, no commission, cash purchase, day trade account = $1150.00

Hard SELL stop set at 1.05 immediately. based off Friday's low. Should the price move lower, I will stop out at 1.05 x 1000 = $1050.00 Max loss $100 which is 8.5% risk.
Even if I just used 10% max loss or 1.00 stop I would lose $150 max provided my stops trigger. This may make better sense because as you can see from the daily chart this stock can move 10% in a day without news. So setting too tight a stop risks triggering the stop and then the stock reverses and you are left with your dick in your hand.

To be honest I got really lucky with this add today and how it played out. Broke 1.15 which triggered the buy, went to a shade over 1.27 within the first hour of trading and within almost 30 mins of the buy trigger. I was driving otherwise I would have taken some profits likely 1/4 position but by the time I was in the office it was sub 1.20, now stair step consolidation pattern rest of the day.

Raised my stop to 1:16 so I will be green on this trade regardless. Given price action today there are sellers over 1.25 through 1.27, so will be patient. Stock traded at 1.3x in May so that would be a reasonable target should this momentum continue.

Stock is priced too low for the funds, most won't touch any stocks below $5. But low float does equal higher risk.

I have an add for over 1.26x to add to this position, might be a bit risky to enter here. VWAP currently 1.20 on 5 min chart, so could use that as a hard stop.

Very risky stock, very risky. This is not a buy and forget, this is a buy and be prepared to actively manage at least once a day. Never leave yourself exposed without any sell orders on this stock. Take the loss if you have to, but don't lose everything. Manage your OWN risk.

As I post 1.235 and I just raised my stops to 1.195 (so if it hits will likely clear at 1.19. $40 green trade so far
 
XtremeJ said:
Wanna real risky penny stock type trade?

QUBT - Quantum Computing. News last week with a link up with MSFT that was the news mover from the 55-65 range the stock has been in for months........
Click to expand...
Looking good this morning! :smokin:
 
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