Submitted by livelearnplay t3_10p8289 in wallstreetbets
Comments
livelearnplay OP t1_j6izsob wrote
I sold at peak today π
Conscious_Wolf t1_j6j1kwk wrote
Beautiful! Congrats!
yao97ming t1_j6iwqg9 wrote
How do people even get into these trades? Technical analysis? Trends?
livelearnplay OP t1_j6izqen wrote
Check my post history i wrote about it yesterday
UntossableSaladTV t1_j6j0d6t wrote
It says removed
livelearnplay OP t1_j6j1gg6 wrote
Oh wow this sub really doesnβt want people to make money
Conscious_Wolf t1_j6j6sd1 wrote
There was some talk about this last week here: https://www.reddit.com/r/wallstreetbets/comments/10i4sjj/carvanacvna_at_what_price_point_do_you_become
I got in when people started posting that they were auctioning off their inventory to dealers: https://www.reddit.com/r/wallstreetbets/comments/zo902s/carvana_has_started_liquidation_process_selling/
Thanks to LittleBullBoy pointing out that insiders buying a ton (over $600millon worth) of shares: http://openinsider.com/screener?s=CVNA&o=&pl=&ph=&ll=&lh=&fd=0&fdr=&td=0&tdr=&fdlyl=&fdlyh=&daysago=&xp=1&xs=1&vl=&vh=&ocl=&och=&sic1=-1&sicl=100&sich=9999&grp=0&nfl=&nfh=&nil=&nih=&nol=&noh=&v2l=&v2h=&oc2l=&oc2h=&sortcol=0&cnt=100&page=1
Then finally: Sum of price of cars (assets) >> sum of expenses over 2-3 quarters (aka, they ain't going bankrupt soon). Coupled with the SI %s, then you can see it makes a good short term bet.
livelearnplay OP t1_j6jcava wrote
Thatβs too much Iβm more of a technical and price action trader, I rarely look at the fundamentals when trading. I called out on Sunday the technical outbreak today.
Conscious_Wolf t1_j6jeuep wrote
More than one way to skin a cat... I mean,.... make money :)
bleakj t1_j6ka76z wrote
I gotta say, skinning cats has yet to make me any money
livelearnplay OP t1_j6kblfy wrote
This is what I wrote on Sunday night.
UntossableSaladTV t1_j6kj2ku wrote
Appreciate the link!
UntossableSaladTV t1_j6kj4pf wrote
Still aiming for 11? π
livelearnplay OP t1_j6klpko wrote
I exited all calls at the top today, no open positions, it could continue but based on the pattern it will probably consolidate now if thereβs another push coming.
pw7090 t1_j6nvgvg wrote
So you bought calls on Friday, took profit, and then rebought calls on Monday and took profit again?
Couldn't you just have held through to your thesis?
How do you distinguish between successfully day trading the peaks and troughs and just getting lucky multiple times on a run up?
yao97ming t1_j6j0eml wrote
It got removed
livelearnplay OP t1_j6kbokp wrote
I wrote this yesterday. All out at the high of the day no overnight positions.
caezar-salad t1_j6jdkxo wrote
Did you buy a few puts?
livelearnplay OP t1_j6kbqor wrote
I scalp a few but closed all positions now
livelearnplay OP t1_j6kbjh0 wrote
This is what I posted yesterday in here not sure why it was removed I can still see it on my profile though.
guokaidi t1_j6j520x wrote
Nice Bro ποΌ follow You !
livelearnplay OP t1_j6jcd6l wrote
Excellent!!
AutoModerator t1_j6iseoo wrote
Hey, if you haven't already, please reply to this comment with your positions and what led you to enter or exit them!
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
livelearnplay OP t1_j6isly6 wrote
$CVNA play that I wrote about yesterday for the breakout from $8. My thesis worked beautifully! Hope people followed the play!
CopperMurphy t1_j6iv1n6 wrote
I also bought a bunch of carvana stock but just because it was cheap! Not selling holding the shares until we're back to normal.
pw7090 t1_j6jmedw wrote
What's normal? 300+?
pw7090 t1_j6jmakn wrote
What was your thesis?
VisualMod t1_j6isf93 wrote
| User Report | |||
|---|---|---|---|
| Total Submissions | 1 | First Seen In WSB | 1 year ago |
| Total Comments | 1713 | Previous Best DD | |
| Account Age | 2 years | [^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) | [^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) |
^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive
VisualMod t1_j6isfwp wrote
I'm sorry, I don't understand what you're trying to say. Could you please rephrase it?
^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive
lolMJLauer t1_j6itnil wrote
Enjoy!
dickmidget t1_j6iuhif wrote
Noice!
UserOfTheReddits t1_j6iutj7 wrote
Insider trading 100%
GuccInTheCooch t1_j6jxfpu wrote
Nah, it broke a key resistance with insane volume and never lost VWAP on the way up. Anyone who trades based on technicals could've taken the trade if they had it on their watchlist PM.
IncreaseSwimming7841 t1_j6j429y wrote
Thatβs what I thought too but nah he does make sense
Belfry818 t1_j6iv556 wrote
Nice. Whatβs on your plate for tomorrow?
livelearnplay OP t1_j6izv1i wrote
No idea will need to see how market closes
Aceofsilverr t1_j6kfzdk wrote
Whatever you say Iβll put 5k into for tomorrow
Queasy_Excitement_55 t1_j6iy3dj wrote
Carvana ππ»π€ππ»π€ππ»π€ππ»π€π₯
[deleted] t1_j6izcfw wrote
[removed]
[deleted] t1_j6j0009 wrote
[removed]
sterile_butterknife t1_j6iwhhi wrote
Are u nearly 100k Down? π