Gamestop just for fun. lol.

Gamestop was halted three times today because of volatility from a short squeeze. I did not and will not play this. It's just a chart for fun.

1/29 expiry $60 straddle
day high $3675
day low $1548

Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
www.tradingview.com/u/growerik/

Commentaire:

AAPL lost $200 billion in market cap last week.
GME now has a $17.5B total market cap.
AMC now has a $2.5B total market cap.

So basically AAPL lost 10x more $ last week
than total market cap $ GME + AMC.

Commentaire:

AMC Float Shares / Outstanding 83.7%