Buying the low of march 23 2020

Discussion in 'Trading' started by marketcentral, Jul 20, 2020.

  1. Axon

    Axon

    I didn't manage to catch the exact low but I did pick up 1000 shares of SOXL around 125 among some other stuff. Still holding. I'm pretty happy about it.
     
    #11     Jul 21, 2020
  2. Nobert

    Nobert

    That bottom was pretty easy.

    I wonder what kind of surprises we will see in future. The dif is clear now tho, the shake off after the bounce - in mid caps & some small caps, is more brutal, than it was in 08.
    My bet -
    got to get rid, somehow, of em RH stimulus folks, that got good at TA, yet has little to none of the skill in FA and psychology, thus got afraid , when things went down 30%~ again.
     
    #12     Jul 21, 2020
  3. S2007S

    S2007S

    This morning on cnbc cramer is saying how insane these moves are, saying he's never seen anything like that, he keeps repeating it over and over....just think 6 stocks now make up 50% of the NDX 100.

    Nasdaq just went red
     
    #13     Jul 21, 2020
  4. Nine_Ender

    Nine_Ender

    From March 21 :

    So I called for a recovery just more gradual. I actually did go heavily long on the 23rd in TSX related plays. 11200 seemed far too low and it was. Bounced 11.8% the very next day. Sold my index related positions when the SPX hit 2820.
     
    #14     Jul 21, 2020
  5. Overnight

    Overnight

    BULLSHIT!

    So you are saying a pandemic-induced crash of 35% in ONE MONTH and picking that bottom was easy? I guess you have been trading since 1918 or something.
     
    #15     Jul 22, 2020
  6. Nine_Ender

    Nine_Ender

    Certain stocks and the TSX were easier to call; US indexes no really obvious signs it was a bottom as far as I remember. 11200 on the TSX was it's lowest level since February 2010.
     
    #16     Jul 22, 2020
  7. Nobert

    Nobert

    103061821_3299933886713061_480503879381922066_o.jpg

    Acc size was 89k.
    Spare me of its a sim bs, since i won't share my real acc in public.

    It wasn't easy. It was the easiest thing.

    Personal attack. Good luck O.
     
    #17     Jul 22, 2020
    ironchef likes this.
  8. ironchef

    ironchef

    upload_2020-7-22_8-1-0.png

    No need to look back to 1918, probably looked at this chart.
     
    #18     Jul 22, 2020