scalping GME

Discussion in 'Journals' started by TimtheEnchanter, Mar 8, 2021.

  1. Today ($575) and last Friday($700) GME was very good to me. $1275 not bad...
    I played it most from the long side but I had one short on as well (right after the open)
     
    CALLumbus likes this.
  2. I can't get myself to trade these meme stocks neither long nor short. I always worry I'll find myself at the start of a heavy rip against my position right after entering a trade.

    Kudos for having the prowess to enter the battlefield with these.
     
    TimtheEnchanter likes this.
  3. Oggi ho acquistato 250 azioni a $180,20
     
  4. Overnight

    Overnight

    Que?
     
  5. Overnight

    Overnight

    Que?
     
  6. ET180

    ET180

    Trade fewer shares.
     
  7. zghorner

    zghorner

    just buy and hold till like $970/sh
     
    george_the_second likes this.
  8. Parli Italiano? He bought 250@$180? Guessing from high school Spanish.
     

  9. Yes
     
  10. My experience with these and I trade/invest with Schwab that they move so fast that I trade a max of 100 shares always minding price action and use market orders as my entry never that accurate. scalping or not just (on a strong day) go long on a first retracement (which is 99-percent false).
    These are not investments but great to make some money short term.

    EDIT: my friend went long GME @ 40ish 214 shares last week when it first moved she made around $500 but kicked herself - as it went all the way to the moon...
    just daytrade these - they have no frigging value and eventually will be $20 again.
     
    #10     Mar 9, 2021
    birdman likes this.