Parabolic move is what we are witnessing..8-2020

Discussion in 'Trading' started by Rickshaw Man, Aug 26, 2020.

  1. Millionaire

    Millionaire

    Bozo could also announce a 10:1 split for AMZN and double his net-worth in a month as well.
     
    #141     Aug 31, 2020
  2. bone

    bone

    I'm not sure how many clients I have left that are long NQ short ES as a weighted spread. I got out months ago, because there was no precedent for that scale of a move.
     
    #142     Aug 31, 2020
  3. noddyboy

    noddyboy

    A bull market like this is rare. A good trader will go long and take advantage of this rare opportunity. It is not about being right...you can save being right for another day.
     
    #143     Aug 31, 2020
  4. S2007S

    S2007S


    Yea if he does automatically facebook worth 1 trillion in 2 days
     
    #144     Aug 31, 2020
  5. S2007S

    S2007S

    tesla added $180 billion in 1 month and they only sell 500,000 cars a year :wtf:
     
    #145     Aug 31, 2020
  6. bone

    bone

    Every other car maker in the world would kill to have the EV vehicle miles and the software and the data and the engineering that TSLA has to date. Not to mention the Gig Factories all over the globe.
     
    #146     Aug 31, 2020
  7. SunTrader

    SunTrader

    That "only" works out to $360,000 per car haha
     
    #147     Aug 31, 2020
    traderking007 likes this.
  8. noddyboy

    noddyboy

    You can make the same wrong argument about Amazon selling only books in 1999.
     
    #148     Aug 31, 2020
    trader99 and bone like this.
  9. S2007S

    S2007S


    You do know that Amazon was almost bankrupt and got literally a last second lifeline weeks before the dot com collapse, if it were not for that extra funding Amazon would have been completely bankrupt and gone today
     
    #149     Aug 31, 2020
  10. noddyboy

    noddyboy

    Yeah I know, but are you saying that today is the peak? How do you know that? If at any time you went long in 1999 with a stop, you will have still beat constantly calling the top
     
    #150     Aug 31, 2020