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DJT halted three times due to volatility
Usually a red flag to stay away

Make sure your stops are set. I raised mine to 45.95 and 47.50 today

If they hit I will be happy to take the 15 and 16.50 per share profit. Let’s see how today plays out today
 
XtremeJ said:
And some of the problems with a trailing stop. I had 250 shares on a .15 trail and was stopped out at 1.48 after the run to 1.6x
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I reset mine in pre-market and it went out at 1.58
 
XtremeJ said:
DJT halted three times due to volatility
Usually a red flag to stay away

Make sure your stops are set. I raised mine to 45.95 and 47.50 today

If they hit I will be happy to take the 15 and 16.50 per share profit. Let’s see how today plays out today
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eTrade wont let me adjust stops... guessing that means trading is halted again...
 
rockota said:
eTrade wont let me adjust stops... guessing that means trading is halted again...
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yes, if halted you cannot set, cancel or adjust stops. have to sit with your finger hovering on the button

Not always, and depending on the exchange and market conditions, halts usually occur to volatility, volume, etc. 2min first halt, 5 min second halt, sometimes another 5 min halt, then 15 min then halted for the day - on a stock. ETF and Exchange halts are different.

it might be a good thing, I see most of my stops triggered while I was riding around town, and now back over 48.xx

Not sure if there was news for the sell off, or just big traders getting out of positions. And have to think after this somewhat parabolic rise, the short sellers are eager to step in. 52 - 55 is massive support resistance going back to May.

As I mentioned the multiple halts today was a warning sign (or a good opportunity for the degenerate day traders)

I only have runner positions left (less than 10% of what I started with, taken most off, in some cases this might be a single option position or a few tens of shares, maybe last hundreds or thousand shares on a penny stock)
 
So not quite final numbers but final enough I consider the DJT trade closed

DCA in 31.00 (actually 30.5x)
DCA out on half position 48.00 (actually 48.11 trigger was 47.95, so sold on a small bounce)
Profit 17 per share

DCA in 31, DCA out remainder (less runner position) 46.00, 15.00 profit per share. Average profit right at 50%

Outstanding trade. Runners left - actually still have a runner from the 16.5x trade (out at 29.xx) and now a runner from the 31.xx trade (less than 25 shares total) I have hard stops set on these at 39.xx. I will adjust the stops weekly on these, maybe more frequent if we get a moonshot before next Tuesday
 
All out on QUBT at 1.30. Will revisit this one. Was a good trade for me with over 25% in a few days.

But in review, had I been in front of screens not in set and forget mode, I would have been closer to 40%. Green is green, and this was a fairly brainless trade that did not need babysitting.

I have alerts set over 1.5, it may take some time to consolidate as there is nothing beyond last weeks news driving this stock
 
28753E63-140F-4DCA-A10E-6784DD43D1B4.jpeg


I am not saying traditional media is dead.

Yet. :lmao::lmao:
 
Been very light on trading the past week. Me from 5 years ago would be proud that I have learned market conditions and patience, current me is hating this new found maturity and patience.

Long IONQ through Dec 15 call options, 1/4 position. Earnings tomorrow. May take stock if earnings good, and election is settled not contested

Long JD through Jan 50 call options, risky trade as it relies on china gov subsidies, 1/4 position.

Long UPST for earnings in a couple days, lotto play, 1/8 position (5 contracts in this case.

Sitting on cash in most accounts, stops set in case the steal is real.

Options stops I typically use 40 or 50% stop loss especially if short term expiry.

DJT?

Going off recently established levels, and bearing in mind news driven not technical drivers,

I have alerts set over 42.2x, just an alert not a buy because - if it does become too big to rig, I could see DJT gapping up to open over 50 - 52

But .....

:lmao::lmao:
 
Every time I check my stocks I have DJT in the listing don't own it, I get news Trump just lost 2.4 billion ..
never see trump just made 2.4 billion
 
And because I am a degen lotto player

TSLA 300 Dec calls, get 'em at less than 4.20,

Too big to rig and these return spectacular gains, steal is real, and options protect your losses to 4.2 per contract max. You could probably set a 50% stop loss just in case
 
looks manipulated to me. One of the fin gurus actually warned this morning to watch for DJT in the last 90 mins.

going to be a whole lot of folks wanting to exit their positions before tonight.

Now 3 halts, so possibly next halt if it comes will be to market close.

RED FLAG, stay away. :lmao:

Edit to add - this may actually be some market balancing going on between DJT and Polymarket, looks like the tracking got out of whack and some large $$$ investors saw an opportunity to short. Or possibly to settle out now rather than wait for the election to be called.

If it opens, needs to stay over 32.5x, a dip here MAY be a buy. Stops at 29.45ish. For that R:R to work first target needs to be todays high's
 
XtremeJ said:
looks manipulated to me. One of the fin gurus actually warned this morning to watch for DJT in the last 90 mins.

going to be a whole lot of folks wanting to exit their positions before tonight.

Now 3 halts, so possibly next halt if it comes will be to market close.

RED FLAG, stay away. :lmao:

Edit to add - this may actually be some market balancing going on between DJT and Polymarket, looks like the tracking got out of whack and some large $$$ investors saw an opportunity to short. Or possibly to settle out now rather than wait for the election to be called.

If it opens, needs to stay over 32.5x, a dip here MAY be a buy. Stops at 29.45ish. For that R:R to work first target needs to be todays high's
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Yeah, if she dives real hard I might go YOLO on some calls.... :smokin::grinpimp:
 
I see they report d earnings of $1million in Q3

Yup sure justifies the price of DJT. No other reason.

:lmao::lmao:

Wonder if that was the reason for the drop late day?

Still think it was whales or funds cleaning house pre close. Looked so algorithmic in the way it happened.
 
who bought Tesla and DJT yesterday :lmao:

I still looking for the news article that says Trump just made 2.4 billion :usa:maybe ill just find the one that said he lost it and harass them in the comments section
 
Roc Doc said:
Sure you have. :shaking: Back on 10/7 you said you put in a limit order @ $16.34 and it's low on that day was $16.75, and it has only gone up from there. Quit lying.
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So what's your point? I sold two orders. one @47.435 (paid 25.50) and one @42.35 (paid 34.83) And I still have an order sitting out there for $19.66 that will likely never be executed given the trends.

So I overestimated a bit because I caught on the stop loss orders lower than I wanted (typo, actually... my fault.) so I only made a bit over 50%.
Nothing to complain about.
 
Pretty good morning! Could have been better but I sold positions yesterday to raise cash hedging the election results to either side.

bad zuki My GT trade finally paid to the tune of a 'small' steak dinner :lmao: I was real tired of looking at that dead cash, anyway, problem solved. Maybe it continues upward trajectory from here for the rest of the longs.
 
rockota said:
So what's your point? I sold two orders. one @47.435 (paid 25.50) and one @42.35 (paid 34.83) And I still have an order sitting out there for $19.66 that will likely never be executed given the trends.

So I overestimated a bit because I caught on the stop loss orders lower than I wanted (typo, actually... my fault.) so I only made a bit over 50%.
Nothing to complain about.
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OK. So you lied. Got it.
 
FlexyTJ said:
Pretty good morning! Could have been better but I sold positions yesterday to raise cash hedging the election results to either side.
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I did the same yesterday. I'm convinced that this is the reason for Trump winning and the rally. :flipoff2:
 
My REIT's are getting hit pretty hard, don't know exactly why that is. I'm sure it's tied to the election results, but real estate is going to go nowhere but up. They're still paying good dividends, which is all I really care about.
 
Roc Doc said:
My REIT's are getting hit pretty hard, don't know exactly why that is. I'm sure it's tied to the election results, but real estate is going to go nowhere but up. They're still paying good dividends, which is all I really care about.
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Rates are up so RE sales are falling. Also, Starwood released earnings this AM that weren't great. I bought more today though. Their dividend is safe and yielding almost 10%.
 
FlexyTJ said:
Pretty good morning! Could have been better but I sold positions yesterday to raise cash hedging the election results to either side.

bad zuki My GT trade finally paid to the tune of a 'small' steak dinner :lmao: I was real tired of looking at that dead cash, anyway, problem solved. Maybe it continues upward trajectory from here for the rest of the longs.
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I'm not mad, just upset. :flipoff2:Dropped most of that a while ago. Tire businesses are hurting and there isn't any good to come from them for a while.

I'm long for construction/mining. So anyone can buy some puts on me
 
Roc Doc said:
OK. So you lied. Got it.
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About what? I adjusted the order upward to 19xx... bfd?

One of my positions was up over 85% when it sold. The other would have been up 36% if I hadn't fat fingered. Still made 21.6% on that trade. So blended of the two positions is "only" 57.24%...
 
rockota said:
About what? I adjusted the order upward to 19xx... bfd?

One of my positions was up over 85% when it sold. The other would have been up 36% if I hadn't fat fingered. Still made 21.6% on that trade. So blended of the two positions is "only" 57.24%...
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Don't forget your capital gains tax, and regular income tax. So how much did you make?
 
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