@TraderSumo1 The only prop firm doing it right, right now is Breakout but they are crypto native so the trouble that comes along with that are the only issue. Excited to see what you end up putting out.
@ohiain Question. Do the 9 week and 20/21 day ma line up? There is a lot of activity at the 20/21 day moving average and typically if trend is in tact it will hold there. ARM recently is a great example. Sells off from the highs tags the moving averages and pops like 60+ points..
@SenWarren he also helped create 5000. thats FIVE THOUSAND. Millionaires. normal hard working people who otherwise probably wouldn't have been able to get to that amount of money. mind yah business.
@ZaStocks yup sold an ARM position for a serious gain at around 320 only to watch it go 400+ but now today back down to that sell area so it is what it is. take the money and run.
$OSCR relative strength last week during the market pull in lead to a nice move today. lets see if we can get some continuation out of this stage 1 base and into ATH for those big blue skies!
Would you prefer to be rich or right? Because they are not the same.
Everyone that said we were in a bubble at the start of 1995 was right.
The problem is that the NASDAQ ran another 1,000% before popping.
Imagine being bearish for 5 straight years and 1,000%.
You cannot afford it. The last 12 months saw a 140% move alone before the bubble burst.
The $QQQ today is up 80% from its 2024 breakout. EIGHTY FUCKING PERCENT.
You can be absolutely right that we're in a bubble and be dead wrong on timing and lose everything.
You are not smarter than anyone else because you can point out the 'obvious.'
As a matter of fact, you'd likely make more money being 'stupid' and remaining long.
Would you prefer to be rich or right? Because they are not the same.
@ohiain If you have managed risk accordingly and sold most of the position you can leave a runner but maybe just continue to trail it from the prior weekly or daily low. Be aware of theta within 20-30 days of expiration. I’ve moved some profits over to CRWV, NOW, HOOD as of last WEEK.