Watch the share today carefully. There is some serious fuckery afoot. It got halted as soon as it opened, then did a huge jump to 157, and then halted, and suddenly dropped to 144. The black hats might be doing the short sell trick, so if there is a dip, jump on it. Its an oppurtunity for those who missed.
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I can't keep posting on all these threads. I was a futures trader for ten years. A cardinal rule of trading is: NEVER CHASE A TRADE! If you miss it, your risk increases exponentially. A trader is not made by that "one big lottery win." A trader is made by many, many planned executions.
Please be careful!
I got in today because I couldn't do it yesterday due to work. So I paid about 11 times the price that everyone else got it for yesterday. I figure better late than never. Lost $1,500 in value the instant I bought, too. Pretty cool how that works.
What can ya do...I'm a buy and hold guy anyway
I'm sorry to say, "buy and hold," especially off of news, is a losing bet. Plan the trade, then trade the plan. A successful trader is made off of many planned executions, not that "one big trade" that puts you way ahead...but never happens, or you go broke chasing it.
Traders fail because they only plan half the trade -- the entry. You must also have an exit, and don't deviate from that plan. If you have enough profit built up, you can draw out your capital when you strike your exit, and let the rest ride with a trailing stop, but that's only when you have a few wins under your belt.
Never chase a trade!
All investors are not traders. Your remarks are valid and appreciated although they focus 100% squarely on traders, trading, and how to trade. That's not an area of interest for me—partly because every article available on "So you want to learn to trade stocks" warns several times in all caps that trading stocks in general is not for novices and is a losing bet for all but the most savvy and seasoned traders, who take years to develop their skill, and many never do quite get it right. If you're one of the successful few, congratulations. But no, this was simply an investment. I never "chase" anyone or anything: trades, clients, hazy dreams of untold riches, waffly prospects who can't make a decision, even my dog.
Soon as you start to chase, things and people run away as fast as they can.
Different people will define "investment" in different ways. I could not in any way call DWAC an investment, but you obviously have different criteria.
If more "investors" used trading methodology in how they approached what they do, I think people would be far more satisfied in their individual results.
Second sentence validates the first. I use the regular, standard definition of the word, vs. a unique one related specifically to, say, trading. :)
MAGA
NCSWIC
Unless you know what TA is signaling and you find an entry point on the way up. But that takes a lot of time and practice and losses.
i get that but 2 things.
I stopped trading years ago as i had moral issues making money this way
fuck commies, my choice to buy has nothing to do with gains.
I have a whole library of trading books, but I was a trader from 1997 to 2008, when QE ruined technical trading. I'm sure all my books are out of print.
I'm sure there are good books out there now, but stay away from "gurus," especially those who charge hundreds or thousands. What you are looking for are time-tested rules that everyone follows, and work with your individual temperament. Check out summaries, and ratings on Amazon...that will help you narrow the field of good books.
I was a technical trader, because that used to be a good deal of what drove futures. Stocks requires a fundamental analysis of financials. But it's still good to have a working knowledge of both.
I got a sell order through between halts filled at 175.00
interesting
I'm seeing it at 99 and showing the high at 172. Never hit 175. I'm seeing todays open at 123.20. It's down $24.20 today at the time I am writing this.
I had an order filled at 175.00: https://files.catbox.moe/m2dx80.PNG
hmm...wierdness...it's back moving like crazy again too...and congrats!
Yea considering its back down to 121 and still halted
Yeah, trying. Lots of fVckery going on....been trying to buy since yesterday.
I placed a pre-market limit order for $135 to cover my initial - saw it halted at &131.90 - once trading resumed, my limit order executed at $175 so I not only covered, I made a $40 per share profit on the shares I sold to cover. Playing with house money now. Wonder what it would be at without the market manipulation.
But the graph never showed 175 - there is defintiely a lot of craziness going on. I think if there was no fuckery it would hit 200 already.
Cut and paste from my E-Trade account page - just text so guess you'll have to take my word for it:
I have no doubts it happened, I just think the amount of fucker the banks are doing is through the roof.
I just checked the day range on Yahoo - shows top of $175 - Guess I got lucky on that one.
Yep, on my brokerage account it shows day high as 175. Infact i think you and another anon here managed to do that trade at 175!
the ' sting ' is on ...
I hope so
It's at $72 now. When it was halted about an hour ago it was $168.
Major manipulation right now. Can't let us little guys get a taste of how the elites with insider knowledge grow their accounts!
Imagine when the enemy is all focused on DWAC doing the same shit they did during election, the hammer finally drops on the election fraud!
I've been watching GME like a hawk since late December 2020. I feel seasoned at this. I bought 1 DWAC just now just to be a part of it, but I'm all in on the GME hype rocket. Good luck on DWAC everybody!
If people are shorting it thats one thing. If the Big Banks are doing it, while freezing the ticker, then its different.
I thought there were no shorts on a SPAC.
Once people use Robinhood to buy shares, they will have these shares to short on and to create zombie shares from etc
Cool. HODL
There are way more important things to be concerned about
no doubt, this is a repeat of the election night, Too much momentum, so they have to pull out all stops with their fraud
But how much can they hold it down? And for how long?
What is the limit on how high this can go?
I know nothing about stocks but knew i had to get in on this.
Bought in at 130. They charged me 175?
Learning as I go i spose
Did u do a market order? If you did, it can fluctuate wildly, especially with high demand shares like this one
Probably yes.
But its ok i have my shares and i didnt invest more than im willing to lose.
Place a stop limit order so you can set it much much closer to the actual price you want to buy or sell shares at. The "stop" is the price trigger you set to get it ready to buy or sell and the "limit" is the price you set for it to be actually bought or sold. When buying, the stop price is set lower than the limit price. With selling, the stop is set higher than the limit. I like to set my stops within a dollar of the limit.
That's exactly what happened to me this a.m. with Fidelity.
Is it worth just buying one?
Maybe it was awesome yesterday and today not as good ... I'd wait until it's low like below 50 or don't bother
it was yesterday! bought 20 with about $250 and now im sitting at $2500 or so...