GameStop, AMC, BB, and what will be next? Nonetheless there are some interesting takeaways from all of these moves. We look forward to reading what other people write in the comments below. We'll be reading!
SimpleStacks
⋅
@TradingView, Thank you! Euphoria derived from winning trades has to be dealt with the same way as frustration (perspective, and awareness) but most importantly understanding. Knowing why you got into a trade and got out of a trade allows your to build confidence rather than be fuel by spurts of euphoria. These meme stock events will draw alot of people into the markets, but will leave with a sour taste in their mouth if they enter without any information and loose. Fundamentals, technical, and meme stocks can all be great, but at the end of the day you are the person making the trade, so best invest in yourself first so you can have a proper understanding!
kennethkhan
⋅
@TradingView, I did profit today from AMC & BB trades. But I'm not a stonker. While I'm supportive and sympathetic to the reddit/WSB causes, I'm merely a momentum trader. So the successes I had today, and any other days are because of the following equation:
TradingView tool for chart pattern analysis and trending ++ lessons from professional traders/staffs of SimpleStacks == successful/profitable momentum day trades.