@ripster47 Timeframe logic is the worst, if you are seeing something in a downtrend why the urge to go long or add. And they are so certain that price will be higher only.
@BigBullCap Bad for AI infra plays, good for anyone using AI. Leads to greater adoption and at a even fast pace. Thats what my gut says so far on this whole deepseek thing @BigBullCap
Rookie traders love buying dog shit stocks.
They see the most opportunity in stocks that are 70%...80%... and 90% off their highs.
"If gets back to its former highs, I'll 5x money," they tell themselves.
I wish it were that easy.
But the market is NOT mean reverting.
There's zero reason why a stock HAS to get back to its all-time highs after falling 90%.
That's actually a better chance that beaten down stock goes to 0.
No one wants to hear it.
But you're much better off buying stocks hitting new all-time highs. That's because winners keep winning.