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    Stock Market - I have a case of the Mondays

    October 02, 2021

    Stock Market - I have a case of the Mondays

    I have a case of the Mondays

    Posted: 02 Oct 2021 06:50 AM PDT

    New month, new goals and more blessings ��❤️

    Posted: 02 Oct 2021 04:21 PM PDT

    I’m only talking about fractions of a penny here but we do it from a much bigger tray……….

    Posted: 02 Oct 2021 01:01 PM PDT

    What is the Float and how do you calculate it

    Posted: 02 Oct 2021 09:38 AM PDT

    Bad Trading Habits That Are Costing You Money

    Posted: 02 Oct 2021 11:51 AM PDT

    Every trader has bad habits.

    And I am not talking about the over-stressed, nicotine/alcohol/junk food lifestyle many find themselves living. I am referring to actual trading habits.

    Some of these stem from individual personality traits, while others are due to a combination of arrogance and simply being stubborn. I interact with hundreds of new traders a week, and without fail almost all of them have some, if not all, of the issues listed below.

    While I try to discourage them from repeatedly making the same mistakes, it is also without fail that most do not listen. Some do, and I have watched them become consistently profitable traders over time, but others prefer to argue despite their lack of monetary reward.

    As a professional Day Trader (i.e. consistently profitable to the point I can support myself/family off the revenue) I know how hard it is to do this. I am also know that it is very doable, and those that watch me trade everyday can see the results. Given how difficult this is to master, it is made even more so when people continue to commit the same mistakes over and over again.

    So without further adieu - compiled from my countless conversations - are the biggest mistakes I see being made on a regular basis:

    Trading Without Knowledge - Time and again traders will enter into a trade because they read a post or followed a trade live, and they have no idea what they are doing. You would think it should be common sense that someone should know how an option spread works before committing your money towards one, but apparently not. On Friday a trader asked me what "assignment" meant after they just bought a Call Option that expired on that same day. I do not hold out much hope for that trader.

    Rushing Into A Trade - Perhaps a stock is moving up quickly, or someone just posted they shorted a position, and instead of taking the time to look at the charts, looking at the best entry and exit points, deciding on position size, etc - they just jump into the trade without thinking. Again, you might think this advice is obvious, but it is not.

    Relying on Others - As someone who publicly posts their trades I know full well the pressure of having many traders follow you into a trade. And while I am posting the trades for educational purposes, I also realize that some people just want to grab quick trades that someone more experienced has chosen. This is an unfortunate practice. Not only are the constant questions annoying as hell (e.g. "Are you still in?", "It's dropping, should we exit?"), but it doesn't help a trader to just blindly follow someone, in fact it can hurt them quite a bit. Because if you are relying on someone for a trade that also generally means you are relying on them to exit as well.

    Position Sizing - This is a common refrain and no list of mistakes would be complete without it. No matter how often you tell traders to work on their win rate, start slowly, find your strategy first - it doesn't matter. Someone with a $15K account is buying 30 $1 calls on a stock and using 20% of their account on one trade. Hit singles, stop swinging for the fences.

    OTM Options - This warning always gets an argument, but arguments do not change facts and the facts are - OTM options are generally not a good idea. Sure, if you are doing Friday lottos, or an OTM Bullish Put Spread they are fine, but overall one should not be gambling with OTM options. Yes, they are cheaper, and they are cheaper for a reason - you are paying no intrinsic value. In fact, they aren't really cheaper, because you are actually paying all premium. Traders lose more money on OTM options than almost any other type of trade.

    Anticipating - One of the absolute worst trading habits there is and it is done by both new and experienced traders. Nobody wants to miss a move, so people jump into trades before confirmation. This would be all of the people that went long on SPY a week ago (most likely using OTM options) thinking it was going to bounce back, only to see it drop even further. Traders love to try and guess tops and bottoms of charts, a practice that they continue no matter how often it loses them money. Another version of this is trying to predict the market based on external factors - i.e. "The infrastructure bill should help stocks like CAT, I am going long!" Always confirm first - let the chart tell you what is happening - Institutions move prices, so let them go first and then follow the money.

    Overthinking - Trading is hard, there is no doubt about that. It can takes years to get good at it. But that does not mean it is complicated. I see traders all the time with so many indicators on their charts that you can't even see the candles. Many of them are looking at esoteric studies and rarely used analysis to help them make decisions. Remember, Technical Analysis works insomuch as other traders also are following the same guides, and trust me, not many people are looking at the 73 SMA on the 4 hour chart.

    Rethinking the Wheel - So you been trading all of three months and you think you've cracked it with your new method? You haven't. Trust me, there isn't anything you can try that hasn't been tried already. Now if you have been trading for many years, have had consistent success and then come up with a new method of trading - great, that should be of interest to everyone. But way too many new traders think they can find a surefire system that can beat the market.

    Decision-Making Bias - There are several that impact traders, especially newer ones - whether it is Anchoring which would have someone looking back at that first successful trade as an example of how to move forward, or Survivorship where people tend to only look at the winners and ignore all the losers (GME is an example of this), this type of thinking gives a shortcut to correct decision-making. And in trading, there are no short-cuts.

    Trading P&L - Really hard to break-free of this. So many traders will set their stops based on a preset amount of money, or exit a trade because they are "down too much". You should be basing you exits on the charts, not your P&L. Time and again I see people jump out of trades they should have stayed in because they were afraid of "losing too much" (see - Position Sizing) only to have those trades turn into winners. Exit a trade when your thesis for entering no longer applies.

    Believing in Losers/Scared of Winners - Unless you were born rich, you have experienced financial struggle in your life. When things go right we are always expecting "the other shoe to drop", and when things go wrong we are always hoping they turn around soon. Unfortunately we bring this mentality to trading. It is why we take profits too early and let our losers run too long. When we are in profit many times we are so afraid of losing our gains we exit the trade even though it is going our way. And when we are down, way past the point of the stock violating a technical level, we constantly believe it is just about to turn around. Because of this our losers can tend to be bigger than our winners on average - and that is not way to make a living.

    Ignoring the Market - Successful Day Traders know that if you get the Market right and the Stock right, you will make money. But many traders ignore the market. Are you shorting a stock on a day the market is really strong? How is the stock performing relative to the market? One should always have the SPY 5 minute chart up and running in the background and constantly checking it.

    Momentum Trading - I saved the biggest one for last. This is also the most argued and most difficult to get people to stop doing. The entire field of Day Trading has been corrupted by YouTube videos promising people they can get rich quick using very simple methods. All of these videos are doing minor alterations to Gap n Go strategies, where one plays the momentum of morning gappers (most are found earlier in the day). Ironically, this is actually one of the most difficult types of trades to do with consistent success. Most professional Day Traders actively avoid them, except in rare circumstances. Yet, many new traders believe that Day Trading is Momentum Trading - it is not.

    I can absolutely assure anyone reading this that if you stop doing these mistakes your odds of success would increase dramatically. However, I also get that it is difficult to change. Overcoming these issues is part of the reason it takes time to be a successful trader. Learning how to trade isn't that difficult, but learning how to be a successful trader can seem impossible to some.

    Look through this list, try to figure out which of these causes you the most trouble and focus yourself on working on the issue(s).

    Best, H.S.

    submitted by /u/HSeldon2020
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    R.I.P

    Posted: 02 Oct 2021 01:08 AM PDT

    CEI enables options, historically how does enabling options effect the underlying stock price? I thought CEI was already volatile. Sheeeesh

    Posted: 02 Oct 2021 03:59 PM PDT

    Wk 28 1k portfolio

    Posted: 02 Oct 2021 05:55 PM PDT

    Another reason to get into $PROG the volume is tasty.����������

    Posted: 02 Oct 2021 01:28 PM PDT

    Had been an OK month september , let's see what October has in store for me, fingers crossed.

    Posted: 02 Oct 2021 03:35 AM PDT

    High Risk Gamble Advice

    Posted: 02 Oct 2021 08:35 PM PDT

    I don't know anything about stocks. I have a normal 401k and a separate investment account that has boring, long term, conservative investments. I'm on track for retirement, set aside 20% of my wages and all that jazz. Not rich, but I don't want anyone to worry about me.

    Having said that, I had a distant relative die and I'm getting $30k I don't need.

    I really just want to gamble it - like double or nothing or something.... But I don't know what the fastest way to do that is. If I pick some penny stock it could still take a long time for me to lose it/make a profit.

    Can someone help me with keywords or whatever I need to structure a trade(s) so that I will either lose/win all of it quickly?

    I am vaguely aware of Forex and I'm fine just picking a pair like USD/EUR and guessing it will go up or whatever, but even that seems too slow.

    Is leverage what I need? I know nothing about options, but I've heard the word often.

    I just don't want to be able to lose more than my initial amount and want a result quickly.

    submitted by /u/Ok-Introduction-244
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    Fam, I'm all in with $PROG & TruexDemon agrees. If you have a Twitter, follow him. Nobody is giving better DD on the recent crop of short squeezers than him. I'm planning to buy every freaking dip. The $1 to 2 range is our territory. I won't be bullied out of my position.��✊ Thank me later.

    Posted: 02 Oct 2021 11:49 AM PDT

    Tesla Q3 2021 Vehicle Production & Deliveries | Tesla Investor Relations

    Posted: 02 Oct 2021 09:15 AM PDT

    $ILUS IS GETTING READY FOR ANOTHER BIG RUN

    Posted: 02 Oct 2021 08:44 AM PDT

    $ILUS IS GETTING READY FOR ANOTHER BIG RUN

    The last 2 times I posted videos about ILUS it gained ~100% on the next trading day and I expect that this will have another big run come Monday.

    https://preview.redd.it/1tgpkfr352r71.png?width=1184&format=png&auto=webp&s=4d5c5873a3ff88e12c1c19e9510f4f829e4c9f03

    A lot has gone on at ILUS International over the past week. But yesterday they have just dropped some news. Ilus is expanding and hiring additional employees to deal with upcoming projects.

    With these additional employees ILUS subsidiary BCD Fire can obtain an A-Level licence and once this license is granted, BCD Fire will be able to complete larger projects on multiple sites simultaneously and there will be no limitation on the size of project they can be awarded.

    ILUS was also the subject of a recent short report this has had an effect on the share price but I think this is nothing to worry about. Gold Panda's record on stocks is not exactly what I would call good. Gold panda was short on $CEI too and that has gained over 300% in the past month.

    ILUS has expanded though the middle east mainly this year but recently into Europe and has been planning to break into the US market, just this week the announced a big new acquistion (the first of many US acqusitions to come) and we should see a lot of news coming from ILUS over the next few weeks regarding this.

    If you are not up to date with what is going on at ILUS check out my channel and this latest video.

    As always feel free to share: https://youtu.be/7w3Q3-HlnSI

    submitted by /u/Dramatic_Investing
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    Amazon is Building The Greatest Moat Through Logistics

    Posted: 02 Oct 2021 08:19 AM PDT

    Amazon is Building The Greatest Moat Through Logistics

    Overview

    • Shipping supply issues have impacted businesses globally, and increased shipping costs hurt operating margins for all retailers.
    • Carrier companies are the biggest winner due to supply chain constraints, but there is one retailer that has an advantage despite rising shipping costs.
    • Amazon, due to it's shipping network (doubled in size in the last 2 years), will be able to absorb these costs because they dominate the "Last Mile Delivery" which other retailers can't control.

    Shipping – Bottlenecks In the Supply Chain

    Container rates and availability are usually built into annual contracts between shippers and the carriers, and these deals normally have strict requirements, such as only nonstop service between ports or a minimum of two sailings a week.

    But little by little over the past 18 months the daily rates quoted by carriers and freight agents have soared.[1]

    https://preview.redd.it/qwmhlp7o02r71.png?width=624&format=png&auto=webp&s=004d93b326fea812c01741d010c75d43f454ddf2

    Side note: Earlier this year I wrote about $GSL and how they could take advantage of shipping turmoil. Since sharing the idea, GSL's stock price has increased close to 200%. Original writeup
    Transportation costs—typically a fraction of a finished product's price—are emerging as another supply-chain hurdle, overwhelming some companies already paying more for raw materials and labor.

    The fabric and crafts retailer Jo-Ann Stores LLC said it has spent 10 times more than its historical cost in some cases to move products from one point to another. [2]

    But it's not just shipping containers. Everywhere across the supply chain is getting squeezed as truck drivers are in short supply and gasoline is more expensive than many expected. This is a cost you can't control if you are a retailer, you are absorbing these costs form the delivery service,

    And it's not going to be over soon. A lot of retailers and distributors foresee these problems lasting well into 2023. This bodes very well for Amazon, as I will discuss below.

    Amazon's Explosive Shipping Network Growth

    Let's look at what Amazon can control. Mainly their north American distribution network and facilities. Amazon's Distribution Network has doubled over the last 2 years [3].

    https://preview.redd.it/0ol35rzq02r71.png?width=624&format=png&auto=webp&s=94ac7313d43254179a192a6993f3e4e5d11a5cd1

    We can also see massive growth in the additions of delivery stations. Amazon now has 250 delivery stations, accounting for 13.9% of it's physical footprint, which are the last step (last mile) in the e-commerce distribution chain. [3]

    Delivery Stations: Parcel delivery stations are medium-sized cross-docking facilities mostly to sort parcels bound for specific local delivery routes. Since deliveries are primarily within an urban setting, parcels are usually loaded into delivery vans or other specialized urban delivery vehicles (electric vans and even cargo bicycles)

    Why Delivery Stations Are Important

    In the past, Amazon was beholden to USPS, UPS, and FedEx for the last mile delivery, but these are not dedicated to Amazon. In the past, when demand surged, Amazon would experience shipping delays. This impacts their reputation since customers don't benefit from Prime – same day delivery.

    Having these delivery stations means that Amazon can bypass USPS, FedEx, and UPS and perform the vital last mile delivery. It is one of the aspects of their operating margin they can control and ensures the optimal Amazon experience.

    https://preview.redd.it/errfywtr02r71.png?width=490&format=png&auto=webp&s=bcdb6c70d01e8787a0e818f87e2b6a8c50604459

    Why Amazon Wins

    An increase in shipping costs will squeeze operating margins in the coming quarters, but more importantly, it squeezes competitors. Because the competitors can't control other aspects of the supply chain (last mile delivery) they won't be able to handle the spike in shipping costs.

    To put it bluntly, Amazon is building one of the greatest moats in history through its logistics network.

    Who knows, maybe they will acquire a shipping company?

    Original Analysis can be found here. If you want to see other investment ideas and the portfolio it can be found here

    Sources

    [1] Bloomberg

    [2] https://www.wsj.com/articles/rising-shipping-costs-are-companies-latest-inflation-riddle-11631784602?mod=latest_headlines

    [3] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7419283/

    submitted by /u/utradea
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    Do any of the these number looks familiar��

    Posted: 02 Oct 2021 04:19 PM PDT

    $EVFM celebrity endorsement paying off! Big Prescription numbers!

    Posted: 02 Oct 2021 08:45 AM PDT

    $HOOK

    Posted: 02 Oct 2021 03:31 PM PDT

    Okay so let’s say I have very little money....

    Posted: 02 Oct 2021 02:17 AM PDT

    I've been pointing my feet towards stock and and crypto trading. I have invested $20 in a few cryptos like stellar, shib, and axie.

    Now lets say i wanna do day trading. I tried it out and put ONLY $10 into it (with a ~4¢ every buy and sell) I bought at a perfect moment and the candles blew up and got really high. I said, "Oh man! Im gonna make like a good dollar or two!"... I made nothing. In fact, I lost money.

    If I did it how you're supposed to, why didn't I make a penny?

    I'm so new to all of this i'm sorry :(

    Someone help please and thanks... I don't have enough to pay subscriptions for anything... i'm going from rags to riches

    submitted by /u/thy-corndog
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    Investing Review

    Posted: 02 Oct 2021 09:35 AM PDT
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