Actual info from an investor

True, a professional shill would know to change their eye pee before replying agreement to themselves.

I do get it. I literally explain it in my initial post. Read what I wrote. Go ahead and stick it to the man, they will always protect themselves and win in the end even if you manage to take out one or two hedges. I think it is awesome actually, but only if you know that is your goal and that these huge gains will be erased in doing so. A lot of people don't understand that. That is why I made the post.

The government is going to step in at some point and stop it. Look at the actual people in the various positions, they are all former c-level people from banking, funds, and finance. They will always protect their own. Too much money and power is in it. It is fun to larp that people on Robinhood buying 0.01 of a share are going to topple Wallstreet, but it is just a larp. If anything, foreign actors are involved and using this opportunity to do economic damage more than anyone.

I hold a lot of physical silver and I'd love to see that short get fucked up a bit in this. I doubt it will happen though. It will also hurt us all in the long run since it will cause big spikes in electronics prices and a lot of other industries. If any swings in silver amount to more than 10-20%, I have a strong feeling that we'll see shit get stopped faster than GME/AMC. Again, it is fun to watch them squirm and try to tackle this situation and if you have the money to lose and hold to squeeze the fuck out of them, by all means, go for it!

I'm glad so many people are learning about and exploring the markets, but there is a lot more to investing than "diamond hands" and "HODL!!1!"

None of this is investment advice, just my personal opinion and approach to it all.

GME was an anomaly with 130-140% short float. This is not very common and allowed it to be skyrocketed "to the moon." They caught a hedge fund with their pants down. AMC and many of the others are nowhere near this level of shorting, which means they don't have same potential upside.

Holding to short squeeze is fine and an awesome way to stick it to the man, but it is all artificial and has just as much downside when unexpected things happen like government intervention (Which could come soon, even today). If you are willing to lose money to make a point, then HODL! If not, learn to read charts and understand the market.

Look at historical charts, such as the 1yr, 3yr, and 5yr highs and lows. Nothing fundamentally changed with these companies aside from the lulz, so expecting AMC to hit $50-100+ is not realistic. Their pre-covid price was around $6.50-7. Their 3yr high was only around $20. Their 5yr was $33-34.

Look for resistance. It was clear that the AMC resistance was around $15. It would struggle to climb much higher each time $15 was approached. This often means that is the highest point it will hit. You can never time dips and peaks perfectly. Resistance data is the best indicator you can use. I was able to buy at $8-9 and sell at $14-ish the first time, and then when news of opening up trading again came out when it had fallen back to $8-9 that was time to buy back in and ride it back to $15. That was almost 400% gains, but it required absolutely NOT HODLing and diamond hands. It required trading and understanding the data.

A great book to start to learn is The Bogglehead's Guide to Investing. It is skewed to starting with index funds, which is safe and conservative advice, but isn't going to bring in massive gains. It also doesn't involve massive risk. Things like cost-averaging are also great strategies. Rather than trying to perfectly time things, you buy on the way down in smaller chunks and sell on the way up in smaller chunks. Once you have recouped your initial investment or pulled out some profit, then the rest of the shares are play money and can be gambled with no risk.

In normal investing, "diamond hands" and non-emotional trading are key. Losses are only on paper until you actually sell. In meme investing, diamond hands are a surefire way to lose massive gains. I can't hope to cover everything in one post, but I'm happy to offer info and opinions to anyone that has any real questions. Limit orders, stops, market orders, etc. There is a lot to it and knowing more than what I see on various sites and forums being thrown around is really important if you are seriously trying to invest or make money.

I disagree with everything your wrote.

The only way to make real money with low risk is insider trading.

THis system is a fraud. Why do think your scholastic nonsense is related to the real workings of the market? Gamestop shows you the truth.

Well said. Yet, how many moderates will actually hear your words of truth? They WANT us to go over the hill.

I think if you buy a stock, you should be required to own it for a year.

It would cut down on a lot of fuckery. Owning part of a company for 3 days isn't an investment.

3 days! Wtf I owned stock for 3 minutes... I traded three times in Three minutes! Paid an in and out fee Three times! Paid the Government for that privilege! Big guys do it ,! But stop the little people!

I'm glad so many people are learning about and exploring the markets, but there is a lot more to investing than "diamond hands" and "HODL!!1!"

None of this is investment advice, just my personal opinion and approach to it all.

GME was an anomaly with 130-140% short float. This is not very common and allowed it to be skyrocketed "to the moon." They caught a hedge fund with their pants down. AMC and many of the others are nowhere near this level of shorting, which means they don't have same potential upside.

Holding to short squeeze is fine and an awesome way to stick it to the man, but it is all artificial and has just as much downside when unexpected things happen like government intervention (Which could come soon, even today). If you are willing to lose money to make a point, then HODL! If not, learn to read charts and understand the market.

Look at historical charts, such as the 1yr, 3yr, and 5yr highs and lows. Nothing fundamentally changed with these companies aside from the lulz, so expecting AMC to hit $50-100+ is not realistic. Their pre-covid price was around $6.50-7. Their 3yr high was only around $20. Their 5yr was $33-34.

Look for resistance. It was clear that the AMC resistance was around $15. It would struggle to climb much higher each time $15 was approached. This often means that is the highest point it will hit. You can never time dips and peaks perfectly. Resistance data is the best indicator you can use. I was able to buy at $8-9 and sell at $14-ish the first time, and then when news of opening up trading again came out when it had fallen back to $8-9 that was time to buy back in and ride it back to $15. That was almost 400% gains, but it required absolutely NOT HODLing and diamond hands. It required trading and understanding the data.

A great book to start to learn is The Bogglehead's Guide to Investing. It is skewed to starting with index funds, which is safe and conservative advice, but isn't going to bring in massive gains. It also doesn't involve massive risk. Things like cost-averaging are also great strategies. Rather than trying to perfectly time things, you buy on the way down in smaller chunks and sell on the way up in smaller chunks. Once you have recouped your initial investment or pulled out some profit, then the rest of the shares are play money and can be gambled with no risk.

In normal investing, "diamond hands" and non-emotional trading are key. Losses are only on paper until you actually sell. In meme investing, diamond hands are a surefire way to lose massive gains. I can't hope to cover everything in one post, but I'm happy to offer info and opinions to anyone that has any real questions. Limit orders, stops, market orders, etc. There is a lot to it and knowing more than what I see on various sites and forums being thrown around is really important if you are seriously trying to invest or make money.

Hey OP, are you paid/pre-programmed shill of Wall Street?
Every second market "expert" who try to lecture us here
how calm, analyst, IT strategic we should be, have exact same pity story " I was poor, start from nothing, borrow money from friends to start, et all"
Those "useful expert" are selling us theirs/Wall Street sophisticated software/strategy,
pre-programming us how to behave, act, react according to chart YOU ARE PRODUCE. Shipple start to be predictable and act according to banksters expectation, thus reap as off of our hard earned money ones a while. But this time "deplorable" f you, and you are so surprise how this happened because it is not up to tech analytic data you expected. From your statement you conclude GME is worth most $20. SO YOU ARE VERY WELCOME TO SHORT IT AGAIN.

I'm glad so many people are learning about and exploring the markets, but there is a lot more to investing than "diamond hands" and "HODL!!1!"

None of this is investment advice, just my personal opinion and approach to it all.

GME was an anomaly with 130-140% short float. This is not very common and allowed it to be skyrocketed "to the moon." They caught a hedge fund with their pants down. AMC and many of the others are nowhere near this level of shorting, which means they don't have same potential upside.

Holding to short squeeze is fine and an awesome way to stick it to the man, but it is all artificial and has just as much downside when unexpected things happen like government intervention (Which could come soon, even today). If you are willing to lose money to make a point, then HODL! If not, learn to read charts and understand the market.

Look at historical charts, such as the 1yr, 3yr, and 5yr highs and lows. Nothing fundamentally changed with these companies aside from the lulz, so expecting AMC to hit $50-100+ is not realistic. Their pre-covid price was around $6.50-7. Their 3yr high was only around $20. Their 5yr was $33-34.

Look for resistance. It was clear that the AMC resistance was around $15. It would struggle to climb much higher each time $15 was approached. This often means that is the highest point it will hit. You can never time dips and peaks perfectly. Resistance data is the best indicator you can use. I was able to buy at $8-9 and sell at $14-ish the first time, and then when news of opening up trading again came out when it had fallen back to $8-9 that was time to buy back in and ride it back to $15. That was almost 400% gains, but it required absolutely NOT HODLing and diamond hands. It required trading and understanding the data.

A great book to start to learn is The Bogglehead's Guide to Investing. It is skewed to starting with index funds, which is safe and conservative advice, but isn't going to bring in massive gains. It also doesn't involve massive risk. Things like cost-averaging are also great strategies. Rather than trying to perfectly time things, you buy on the way down in smaller chunks and sell on the way up in smaller chunks. Once you have recouped your initial investment or pulled out some profit, then the rest of the shares are play money and can be gambled with no risk.

In normal investing, "diamond hands" and non-emotional trading are key. Losses are only on paper until you actually sell. In meme investing, diamond hands are a surefire way to lose massive gains. I can't hope to cover everything in one post, but I'm happy to offer info and opinions to anyone that has any real questions. Limit orders, stops, market orders, etc. There is a lot to it and knowing more than what I see on various sites and forums being thrown around is really important if you are seriously trying to invest or make money.

3 days! Wtf I owned stock for 3 minutes... I traded three times in Three minutes! Paid an in and out fee Three times! Paid the Government for that privilege! Big guys do it ,! But stop the little people!

It must be interesting to have enough FAKE money to throw-it into a NWO, BQMTJ, Insider, CASINO scam.

Poor people have to throw their FAKE shit into slot-machines, and cheap card-games.

?

Thanks for the input. I put in a call three times at 3:50 pm and canceled it three times this afternoon. lol

I know you are an AC, but you seem to have missed the fact that my goal was to explain some basic concepts to newcomers. I worked in banking at the officer level for 12 years. I have had my own Bloomberg terminal. I could explain esoteric and complex concepts, but that isn't going to help anyone. In fact, the information I mentioned there is enough for almost all investors to do fine for themselves without ever getting into overlays and various theories and concepts. If someone has specific questions, I said I was happy to answer. There is a massive chasm between the constant "HODL!" and "Diamond Hands!" and even what I wrote here. It is a primer for newcomers to have some actual information and not people with their own motives or wanting them to hold their bag for them.

Thanks OP!
Genuinely appreciate the advice.
Just turned 24 but have invested in mutual funds since I opened my first bank account.

With houses being so outrageous in Canada - I think equities are the best option for building a nest egg for non-homeowners who have a good cashflow and self-restraint..

Considering how pathetic interest and bond rates are

That's the same information my investment consultant told me to day - it's a "technical" downturn that's actually overdue. It's just a backdown and profit taking time.

I called him because we dropped 12k over the past couple of days but the underlying investments are fine and will recover. We typically produce 5k on a bad day so the retreat got me to call him for a conversation.

"Bill, this is a bullshit pissing match by the hedge funds and some kids that knocked them on their asses. It'll be over in a week."

This is not a bullshit pissing match. This is the beginning of something much bigger. And it isnt limited to the stock market. That is just the launching pad. An arena rife for destabilization.