Anyone else shorting the shit out of DJT?
- Thread starter Robert Mugabe
- Start date
It seems to be easy enough as a short as the stock and the company is worth ZERO. But it is a MEME stock so that the gambling [ and often stupid ] American stock players could start this on a sharp upward trend again at any time.
I would never short any stock, no matter how shitty it is or sure you are. The risks are enormous. Trump has a cult following, and if he wins the presidency, it could skyrocket.
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Trump Media stock sunk another 10% and hit a new low
The company behind former President Donald Trump’s social media platform Truth Social has lost almost half its market cap
qz.com
This stock is in free fall
Trump Media stock sunk another 10% and hit a new low
The company behind former President Donald Trump’s social media platform Truth Social has lost almost half its market cap
This stock is in free fall
Still up 85% year to date. Stocks go up and down unless youre in the magnificent 7.
Oddly enough I was losing my shorts.....so to speak. I sold them yesterday with a very modest gain. One was for April 26th. Strike price of $51.00. when DJT hit $30.00 a share I was only up 40 something percent. Was expecting more somehow.
The merged stock started trading March 26, so I think that's a better starting point.
Interesting. Tread carefully though, if they are using the stock to double as political donations to the Trump campaign, short sellers may get wrekt.
options are tricky
from what I understand it's not worth it for most stocks to trade options
DJT is so volatile
it's a $32.00 stock that has an average daily range of about $6.00
that's almost 20%
this stock moves almost 20% on average every day
lets try to trade it and make some money for the girls
it's a $32.00 stock that has an average daily range of about $6.00
that's almost 20%
this stock moves almost 20% on average every day
lets try to trade it and make some money for the girls
Because it's complicated so you really need to know what your shit. And, the gains can come really quick, so people get too greedy.
my set up for tomorrow
buy stop limit at $33.10
stop loss at 29.56
profit at 36.64
if we hit our target it will be 10% profit
www.tradingview.com
buy stop limit at $33.10
stop loss at 29.56
profit at 36.64
if we hit our target it will be 10% profit
NASDAQ:DJT Chart Image by WonderingBear
www.tradingview.com
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my set up for tomorrow
buy stop limit at $33.10
stop loss at 29.56
profit at 36.64
if we hit our target it will be 10% profit
NASDAQ:DJT Chart Image by WonderingBear
why sad man, did you buy it or not short it again?
DJT wend down yet again that makes it 13 days in a row with lower high each day
it sure looks like a falling knife or a falling piano
but it will rebound eventually
my set up did not get triggered today because the price did not trade at 33.10my set up for tomorrow
buy stop limit at $33.10
stop loss at 29.56
profit at 36.64
if we hit our target it will be 10% profit
NASDAQ:DJT Chart Image by WonderingBear
so no loss and no gain
will try again
looking at a monthly and weekly chart does not look promising
www.tradingview.com
www.tradingview.com
NASDAQ:DJT Chart Image by WonderingBear
www.tradingview.com
NASDAQ:DJT Chart Image by WonderingBear
www.tradingview.com
even though all the indicators are pointing to more selling pressure
anything can happen
let's try same set up again, if we are wrong and price keeps going down
we loose nothing because we will net get triggered in
buy stop limit at 29.97
stop at 26.24
profit at 33.70
that's about 12%
www.tradingview.com
if we get triggered in and the price reverse and goes down again then we will lose
anything can happen
let's try same set up again, if we are wrong and price keeps going down
we loose nothing because we will net get triggered in
buy stop limit at 29.97
stop at 26.24
profit at 33.70
that's about 12%
NASDAQ:DJT Chart Image by WonderingBear
www.tradingview.com
if we get triggered in and the price reverse and goes down again then we will lose
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