So I lost about $7K to $DOCU last week...

Discussion in 'Stocks' started by up300konngz, Sep 6, 2020.

  1. d08

    d08

    Similar tech has been used in Europe (government projects) for a long time and it's here to stay. Paper signatures are going away one way or another. I've filed a bunch of documents and signed them digitally, much faster and more efficient.
    But sure, competitors will arrive.
     
    #11     Sep 6, 2020
    murray t turtle likes this.
  2. I don't know enough to judge that, but it has been on my list since pre-pandemic plunge. I've traded in and out of it both as a day trade and swing trade.
     
    #12     Sep 6, 2020
  3. destriero

    destriero


    $40B in mcap and 40x revs. I've used docusign a ton for POA, RE closings, etc.

    Their second highest tier:

    • Business Premium, which costs $150 a month, or $1.500 a year, per user. These users can get documents signed on-demand from their website, the ability to send the same document to hundreds of recipients and premium support.
     
    #13     Sep 6, 2020
  4. Tradex

    Tradex

    Sincerely sorry for your loss, losing 7 grand in a week is never a pleasant experience, to say the least.
     
    Last edited: Sep 6, 2020
    #14     Sep 6, 2020
    up300konngz likes this.
  5. in 2 days to be exact. what makes it worse is that i had JUST putt hat 5K in there at the beginning of the week. and...i ALMOST made it all back...when i was down 5K, i went back to 2.5K. and i wouldve probably ended at around 5K, but like i said....broker sold me out my trade and restricted my acct for 2 days in a row...and both days $DOCU went up after hours.

    using too much intraday buying power was the issue. so mad at myself, man. im debating on leaving it alone for next week. after the dust settles, i guess ill try to play the $10 up/down moves with 50 shares(or maybe even just 25)...
     
    #15     Sep 6, 2020
    Tradex likes this.
  6. maxinger

    maxinger

    I am not sure how you day trade the stocks.

    for such a market, you have to glue your backside to the trading chair for many many hours,
    and eyes to the computer monitor for many many hours, and look for trading opportunity.
    Then look for price action, pattern ...
     
    #16     Sep 6, 2020
  7. Tradex

    Tradex

    Not necessarily Maxinger, depending on your system it is possible to find day-trading opportunities during a specific time of the day, say between 6 AM and 8 AM (local time, regardless of geographical location).

    This 2-hour period will give the trader plenty of time to place his trade and his stop/target.

    Then he is done for the day, no need to stay in front of the stupid chart for hours and hours.
     
    #17     Sep 6, 2020
    TimtheEnchanter likes this.
  8. d08

    d08

    That's a ridiculous monthly fee...
     
    #18     Sep 6, 2020
  9. maxinger

    maxinger

    right.

    for OP, either he didn't glue himself long enough, or he interpreted the chart wrongly.
     
    #19     Sep 6, 2020
  10. destriero

    destriero


    My point is that legal or HR would have a few licenses.
     
    #20     Sep 6, 2020