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  • #1,182,441
  • Edited 9:35pm Sep 3, 2020 9:24pm | Edited 9:35pm
Quoting VuLe
{quote} YOU GUYS ARE ALL HORRIBLE PEOPLE!!! You dont buy eu at 1.2000 and hold long term do you?? Be smart. tesla production is no where near honda or other car brand. Its been going up since $100—> 2.3k in 6 month through corona virus. FOR WHAT??? Now market splits and everyone wants to buy.. damn right.. tesla at $500... and today drop to 380... same as apple.. I AGREE that you can buy and hold... the key is to BARGAIN.. buy and hold at the bottom and buy and hold at the top... why do we trade pairs that are high volatile.. bc you want to maximize...
stock and FX are two different animals....

where do you buy any currency and hold long term? Tell me anywhere and currency..."investors" don't trade stock...they invest! A investor looks a the opportunity to buy tesla cheap and hold it for extended time.

Take and look and indices for the past several years.....thats why you hear trump tough the great economic expansion and how the economy doing well he mostly talking about stocks....they have been and usually going one way and that up excepte times of recession/economic contraction.


Comparing tesla to honda in regards to production....andriod is must used SW/phone all still apple...meaning like tesla apple honda andriod...

why do you think Tesla will go down?

Attached Image (click to enlarge)
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Thats 10 years of the SP 500 stock market usally trends up except what i mentioned before....look at those big red candles....those significant events otherwise when do you buy if you looking to buy low sell high.....investors with stocks dont trade like you and I do FX. some of those events that made market drop...most recent US china trade war...check months and TF to see yourself....and the last drop wasss....you guessed it....COVID19...

EDIT: and for num skulls who think it was someone else who had stock market doing good...welll again thats a "10 year" chart which way dose that trendline go...stock market usually trends up then elections come around and some crazy significant event...and what you see there on the end of the chart is thanks to the feds
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  • #1,182,442
  • Sep 3, 2020 9:36pm Sep 3, 2020 9:36pm
Quoting VuLe
{quote} The new khalid is in town yall.. WE SHORTING THIS! . JK
u funny
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  • #1,182,443
  • Sep 3, 2020 9:37pm Sep 3, 2020 9:37pm
Quoting Lamira
{quote} spread
oh, but you did see it...1min charts can move lol but volume should have been low
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  • #1,182,444
  • Sep 3, 2020 9:40pm Sep 3, 2020 9:40pm
Quoting mistaouting
{quote} stock and FX are two different animals.... where do you buy any currency and hold long term? Tell me anywhere and currency..."investors" don't trade stock...they invest! A investor looks a the opportunity to buy tesla cheap and hold it for extended time. Take and look and indices for the past several years.....thats why you hear trump tough the great economic expansion and how the economy doing well he mostly talking about stocks....they have been and usually going one way and that up excepte times of recession/economic...
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-09-03-TOS_CHARTS.png Size: 82 KB
thats a 10 year euro/usd....see a difference
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  • #1,182,445
  • Sep 3, 2020 9:46pm Sep 3, 2020 9:46pm
Quoting mistaouting
{quote} stock and FX are two different animals.... where do you buy any currency and hold long term? Tell me anywhere and currency..."investors" don't trade stock...they invest! A investor looks a the opportunity to buy tesla cheap and hold it for extended time. Take and look and indices for the past several years.....thats why you hear trump tough the great economic expansion and how the economy doing well he mostly talking about stocks....they have been and usually going one way and that up excepte times of recession/economic...

tesla been sitting at $30-$70 for a good bit mostly in the $30-$50... now that it spiked up to 2.3k... where do you see it is cheap to buy at 2.3k?? Even after the split.. technically $500 is 2.5k... all in all, Tesla is a car brand, I do agree that in a long run it will go up.. but not any time soon. Would you buy tesla right now if you were to trade long term?? Just because you trade long term dont mean you should just go buy anywhere you want.
Well either way, those people that buy at $500 a share probably can go long term.. when tesla reaches $250 Ill buy 2 shares ) in comparison to their $500 a share.
Trade what you see, take what the market gives you.
  • #1,182,446
  • Sep 3, 2020 9:46pm Sep 3, 2020 9:46pm
Quoting MrBullBear
{quote} We're getting more and more scalpers here now... which is good. But let me share my philosophy in scalping.... Its not how many times you get it right and win, but it's how many times you protected your account when you are wrong. Minimize your loses when you are wrong, maximize your profit when you are right. Be quick in accepting that you are wrong! Cheers!!!!
Thanks for the kind words
So much to learn from you
PaRaM
  • #1,182,447
  • Sep 3, 2020 9:52pm Sep 3, 2020 9:52pm
Quoting VuLe
{quote} tesla been sitting at $30-$70 for a good bit mostly in the $30-$50... now that it spiked up to 2.3k... where do you see it is cheap to buy at 2.3k?? Even after the split.. technically $500 is 2.5k... all in all, Tesla is a car brand, I do agree that in a long run it will go up.. but not any time soon. Would you buy tesla right now if you were to trade long term?? Just because you trade long term dont mean you should just go buy anywhere you want. Well either way, those people that buy at $500 a share probably can go long term.. when tesla...
i cant do stocks so i dont really follow them....so dont know what price it was....but tesla is a stock to hold if you can get it for a good price and a split usually provides that....

there are way to gauge if a stock is over price....lots of way and things to consider....but one easy simple think you can do is look at price before split against 100 and 50 day sma....way above over price way below under price some where in middle

im going to look, you made me interested in whats going on
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  • #1,182,448
  • Sep 3, 2020 9:52pm Sep 3, 2020 9:52pm
Quoting Nightowl96
EUR/USD SEVERAL BILLIONS LONG NOW! BIG MOVES UP AHEAD
As soon as I read this I had FOMO
Will I miss this big move
PaRaM
  • #1,182,449
  • Sep 3, 2020 9:59pm Sep 3, 2020 9:59pm
Quoting VuLe
{quote} tesla been sitting at $30-$70 for a good bit mostly in the $30-$50... now that it spiked up to 2.3k... where do you see it is cheap to buy at 2.3k?? Even after the split.. technically $500 is 2.5k... all in all, Tesla is a car brand, I do agree that in a long run it will go up.. but not any time soon. Would you buy tesla right now if you were to trade long term?? Just because you trade long term dont mean you should just go buy anywhere you want. Well either way, those people that buy at $500 a share probably can go long term.. when tesla...
it was a 5:1 split lol no wonder price shot up LMFAO....

where is the 2.3 coming from looks like price went to 500 and something where you getting this info from....

looks like the high was 502.49 am I confused...i dont look at stocks much....

soooo you could have bought 1 share of Tesla for 502.49 actually less because you should have bought before the split.....but you bought one share for 500 bucks...that one turned into 5 on the split and each one of those 5 shares are now worth 400 sounding fucking awesome and like a hold to me

edit: tesla never went to 2.3 a share

ok i think i see what you saying price was around 54 all years before and on word of the split it went up 500....I see what you mean now!

it maybe a little over valued now...but you should have bought before the split....

50 a share close to what seemed like avg price....did use a sma just looking at price...you got 5 on the split 50=250 and now you have 5 worth 400 so $50 turned into $2k
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  • #1,182,450
  • Sep 3, 2020 10:00pm Sep 3, 2020 10:00pm
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  • #1,182,451
  • Sep 3, 2020 10:19pm Sep 3, 2020 10:19pm
Quoting mistaouting
{quote} {image}thats a 10 year euro/usd....see a difference
The different is about margin, lot size for Forex. In stocks, it's more about asset allocation, rebalance and diversify.

The chart may look similar, but again what's the point to compare a daily chart to a one-minute chart?

In Forex, we make money with daily volatility.

For example, if you have $50 with 1:200 margin to get in EU, even with 0.01 lot size, daily movement can be around $10, that's 20% already.

How often does a stock move even 10% without news/earnings events?
  • #1,182,452
  • Sep 3, 2020 10:23pm Sep 3, 2020 10:23pm
Quoting Nightowl96
EUR/USD SEVERAL BILLIONS LONG NOW! BIG MOVES UP AHEAD
I think this guy is reacting on JPM still being bullish on EUR/USD and wanting to add longs.

Sounds like a trap...
  • #1,182,453
  • Sep 3, 2020 10:26pm Sep 3, 2020 10:26pm
Quoting VuLe
{quote} we sit and watch. Market right now is spiking left and right. Of course it tries to throw everyone off. Just be calm and wait till the last hour. It’ll become more clear. Unless you are as good as bb, you should probably take today out bc its not going anywhere. I just feel a lot better bc I bet my friend to short Tesla 495... while he bought the fake spike at 515... and now he down... and about to owe me $100 on top. bet was below $400 first vs $600. told him it’ll go lower than 300
yes, i sit n wait
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feel free to invite me to your forum, if you have any
  • #1,182,454
  • Sep 3, 2020 10:32pm Sep 3, 2020 10:32pm
Quoting g3song
{quote} The different is about margin, lot size for Forex. In stocks, it's more about asset allocation, rebalance and diversify. The chart may look similar, but again what's the point to compare a daily chart to a one-minute chart? In Forex, we make money with daily volatility. For example, if you have $50 with 1:200 margin to get in EU, even with 0.01 lot size, daily movement can be around $10, that's 20% already. How often does a stock move even 10% without news/earnings events?
seems like it saying what i was saying. which is stock market and FX market are like apples and oranges

more than margin that makes it different

its about making money...you put your money where you expect to get best return pretty much that simple. But trading fx is different from investing in stocks
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  • #1,182,455
  • Sep 3, 2020 10:42pm Sep 3, 2020 10:42pm
Oops, I replied the wrong thread. I had the same view as you. Forex is very much a beast on it's own and the game plan is completely different from trading stocks and options. Sorry about the confusion I have caused.
  • #1,182,456
  • Sep 3, 2020 10:44pm Sep 3, 2020 10:44pm
SELL S&P
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Founder of Sutherland Wave Principle
  • #1,182,457
  • Sep 3, 2020 11:07pm Sep 3, 2020 11:07pm
Quoting leashedmode
{quote} Doesn't matter what happens, we aren't as important as we imagine ourselves to be.. existentially, an ant is infinite times significant than us.. we are just like the cherry on the cake, a beautiful one but we don't act like it.. we do to our host what covid does to it's host, even after having the sense of individuality and understanding that we could treat everything like a mother treats her child. We are grains of sand on another grain floating in the middle of nowhere, but in our mental theatre we are 'important' and 'biiiig' we have...
good to see a fellow spiritual student here
  • #1,182,458
  • Edited 12:40am Sep 4, 2020 12:13am | Edited 12:40am
Should get a dip at 67* I'm gonna put a sell on in case I fall off my buy horse good to land on a sell horse.
Somewhere between 67/80 think will be chance to get a sell order on and covered.

90 it is then.
Founder of Sutherland Wave Principle
  • #1,182,459
  • Edited 12:54am Sep 4, 2020 12:15am | Edited 12:54am
M5 chart
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  • #1,182,460
  • Sep 4, 2020 12:39am Sep 4, 2020 12:39am
break in progress
Maybe a red descending TL
Will see if these red lines will be pertinent
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