The bears den

[candy crush]

The volume profile shows that current level is a key resistance point. This was the price level where many bought into the stock from 2 to 3 years ago and when it dropped, we have many trapped buyers. Those trapped buyers may be trying to get out now since they were stuck when it ranged from 4.70 to 8. Unless there is a confirmed takeover, there would be an overhang of supply. This is not a stock for short term momentum trading as the news is already out. So unless one has a firm view on the takeover, it may be very risky at this price point.

then wat shld i do now? shld i sell?

i brought at 6.16

or shld i hold?

Sent from 我好想射.... using GAGT

 

[DukeCS33]

then wat shld i do now? shld i sell?

i brought at 6.16

or shld i hold?

Sent from 我好想射.... using GAGT

Sorry, I have no views beyond pointing out the obvious based on charting. The volume is so high - 3 to 6 times its average volume over the last 3 days. Who is selling into the buying frenzy? Trapped buyers from 2 to 3 years ago? or manipulators out for a quick buck? Or there may be insiders who know the takeover to be true and are mopping up the stock? This type of M&A news is difficult to trade unless one has inside information... by the time the news is let out, it is often too late to get in. So if you have a trading plan prior to trading, stick to it. If you have not any plan, then you need to assess the current situation.

 

[candy crush]

Sorry, I have no views beyond pointing out the obvious based on charting. The volume is so high - 3 to 6 times its average volume over the last 3 days. Who is selling into the buying frenzy? Trapped buyers from 2 to 3 years ago? or manipulators out for a quick buck? Or there may be insiders who know the takeover to be true and are mopping up the stock? This type of M&A news is difficult to trade unless one has inside information... by the time the news is let out, it is often too late to get in. So if you have a trading plan prior to trading, stick to it. If you have not any plan, then you need to assess the current situation.

i have no insider news, my news is when the official news is release on website that all

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[candy crush]

hope someone can advise me shld i just sell my stock tonight, so i can stop bleeding, any trading guru?

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[d9_lives]

hope someone can advise me shld i just sell my stock tonight, so i can stop bleeding, any trading guru?

Sent from 我好想射.... using GAGT

Yes, quit trading.

 

[Mecisteus]

hope someone can advise me shld i just sell my stock tonight, so i can stop bleeding, any trading guru?

Sent from 我好想射.... using GAGT

How many shares did you buy?

If so small, just treat like buying 4D.

 

[DukeCS33]

Yes, quit trading.

I agree. Quit trading if you are treating the stock market as a casino.

 

[coolhead]

Anybody have the video of the nervous wreck angmoh who share his YouTube live when FB earnings came out? He shared YouTube live in q2 earnings. I hope to watch it again to have a good sleep tonight.

Sent from HMD Global TA-1004 using GAGT

 

[coolhead]

Anybody have the video of the nervous wreck angmoh who share his YouTube live when FB earnings came out? He shared YouTube live in q2 earnings. I hope to watch it again to have a good sleep tonight.

Sent from HMD Global TA-1004 using GAGT

Ah...this is the video I'm talking about... Shall see if there is any recently..
https://youtu.be/1fe7pDO9nuo

Sent from HMD Global TA-1004 using GAGT

 

[FCS_TAGOD]

Well, isn't clearly evidential?
The Bear had been slaughtered till countless times!

Thousands of nonsense posts, insights by some retarded users proven themselves idiotic, this thread.

While professional FCS continual prosperity ever, since Two Years Ago! Yes, Real Trades, Real Cash! No joking!

h ttps://cdn.discordapp.com/attachments/607274013114236929/631463591605960704/Photo_1570623028936.png


FCS upcoming End Oct 2019 Track Records unveiling soon!

 

[FCS_TAGOD]

Dear Reader's,
Please beware of this Revhappy.

Thread Starter of " Bear Thread"
He himself identified India Nationality.

Highly suspicious his motive!
FCS proudly proclaim 100% Singaporean Chinese! Trusted HWZ User!

Please Google FCS for more of mine screenshots, photos.

 

[FCS_TAGOD]

伟大中华民族主义!
伟大中华人民共和国之辉煌!

 

[candy crush]

at end I sold the FItbit stock at 6.10, cut loss

too dangerous alrdy

 

[peterchan75]

at end I sold the FItbit stock at 6.10, cut loss

too dangerous alrdy

Trading is a lonely business. You have to make buy and sell decision on your own. Begin with the end in mind i.e. have plans for buy and sell decision upfront. Here examples..
Buy : break-out, TA(moving average, stochastic etc), FA etc
Sell : Stop Loss - TA(break trend line), % below cost, side-way over a period of time. Taking profit (trailing stop, meet $ target).

Setting stop loss and taking profit is a dark art and it takes years of practice. Ignoring commission, e.g. 1000 shares at 6.16 in and 6.10 out set you back $60 and that is simply too small for stop loss. In Oct, FIT daily trend down at -0.85 to -5.22%.

 

[Hot_Dog]

at end I sold the FItbit stock at 6.10, cut loss

too dangerous alrdy

It's good that you can cut, btw thumbs up for your "too dangerous alrdy" quote

 

[DukeCS33]

It's good that you can cut, btw thumbs up for your "too dangerous alrdy" quote

Cutting and saying "too dangerous" suggests that he had no definitive stop loss or take profit objective plan from the onstart.
The next best thing to do is to avoid looking at the stock. If FIT rallies from here, he may get itchy and complain that he should have held on... and that's where one gets trapped..... not mastering one's emotions, especially fear and greed often leads to the downfall of many traders.

 

[atf0007]

Thousands of nonsense posts, insights by some retarded users proven themselves idiotic, this thread.

wahahaa. The retard talkingz aboutz himself.... laugh until peng. wahahaa

 

[wutawa]

Cutting and saying "too dangerous" suggests that he had no definitive stop loss or take profit objective plan from the onstart.
The next best thing to do is to avoid looking at the stock. If FIT rallies from here, he may get itchy and complain that he should have held on... and that's where one gets trapped..... not mastering one's emotions, especially fear and greed often leads to the downfall of many traders.

However, we need ppl like him to contribute so that we can earn money from the market right? If everyone buys low and sell high objectively instead of buy high and sell low recklessly, then where does the money come from?

 

[coolhead]

wahahaa. The retard talkingz aboutz himself.... laugh until peng. wahahaa

Don't feed the troll

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[Mecisteus]

Anyone who held on to their US stocks would have experienced 20-30% returns for YTD.