I’ve got my cash reserves up near 50%, following a spate, mind you, of successful trades.
No big deal, overnight trading like it’s no one’s business. You can attempt to replicate this sort of winship, but you’ll fall flat on your faces and break your noses.
What else is new?
I’m looking into some new issues. Stocks like NET are poised. The question is this: do I buy now or wait to the end of the day?
Truth be told, trading between the hours of 10am and 3pm is amateur hour, trades executed by Johnny Nobodies trying to catch the wave they just missed. More often than not, Johnny gets BTFO and loses all of his coin. In rare cases, he catches an intra-day melt up. But how often do you see that? If you’re buying now, you’re anticipating a 3pm ramp. But a lot of shit can happen from 10am to 3pm. From my vantage point, you’re betting off buying after 3pm and getting those overnight trades AFTER 3:30pm, in order to insure you’re not getting fucked on prints.
Having said that, it’s possible I could buy before then. No one knows what I’ll do, not even me. I might buy some fucking stocks right after this post and dazzle everyone. But in order to see it, you have to be a member of Exodus. Membership does have its privileges.
Some people email me and complain about that and I tell them “you’ve had it good for too long, a fucking 12 yr free trial of free Fly trades, you fucking ingrate.” Hard to argue with me. You’ll never win.If you enjoy the content at iBankCoin, please follow us on Twitter