mrnotadvice

mrnotadvice OP t1_jegwzbr wrote

I don't understand that comment but here's some free advice - criticizing people is the surest way to miss opportunities. Not everyone on Reddit is a shill. Before you open your mouth with a comment just bc you want to show people how funny you are, perhaps you could try something different. I'm inviting you to take the time to peruse my trades just over the past couple of weeks. Might take you 15 minutes. If you still think at that point I am a fraud, fine by me. But what if I am not? Are 15 minutes worth your time?

So you have a choice right now - respond with another stupid comment or "waste" 15 minutes of your time. Either way, it will have no affect on me or my profits. I hope you take the 15 minutes. Thanks.

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mrnotadvice OP t1_jeeyowf wrote

Yeah, I also might get smacked if NDX pulls COIN up. Of course, COIN was a "short report" trade from someone who is one of the best - COIN announced yesterday they were looking to domecile outside of the US. Now why would they want to do that.

BTC double from lows is not relative to this trade. COIN vs BTC from my entry is more correlated imo.

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mrnotadvice OP t1_jedbwms wrote

So tbh the terminal price is not what I’m looking for. But if I was forced into a corner I would say it could easily go to $370. That’s if macro news flow stays quiet. My trade is purely a trade based on the amount hedge funds are lagging the top ndx stocks, how bearish they are, and known amount they have to put to work after eoq. They are very short tech and are being forced to get in. Jpm I believe must cover $28 bil I learned. And the big layoffs concern me. But again, if I’m right I’ll be out in 2-4 weeks with anywhere from 50% - 200% return.

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mrnotadvice OP t1_jecui51 wrote

I don't know your strategy etc. but I can tell you that my average hold is 10days with an average return of at least 50%. And no, I am not shitting you. I have posted some of my trades here but if you want to actually learn, join my subreddit. It;s just a group of us who trade and don't really have time for about 90% of the garbage replies here. We can chat there but you can also see my trade sheets - I have to update since I closed three more today. One was for +85% in 2 days. Others were +56% in 1 day and +41% in 12 days.

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mrnotadvice OP t1_jectnx6 wrote

What resistance do you see?

Also, the NDX isn't a Bear market. Either is the SPY technically. If you are talking about all the shit that is going on: banks, CRE, crypto, Fed - yes, that's bearish - but it will take time. My ONLY risk going long QQQs is an outlier news event from one of the members of the shitlist in the previous sentence.

If you see resistance please point it out.

Thanks

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