Food for thought.
Listen to me very carefully young and new investors. If you bought a stock when it was
high and it goes down...its ok, it's ok, it's 👌...I can't repeat that enough times. Listen to experience and many of the good people on here that take the time on daily basis to offer their true self experience from rookie, to beginners to intermediates to experienced and then to expert.
👉👉👉👉As long as you don't sell...you lost nothing. Do you understand that????👈👈👈👈
Here is the most important piece of information that many investors do not know.
I should charge you $2500 fee to teach you this but here it is for free.
P.S. I will never take a penny to help others, this is my way of telling you how valuable this information is.
Do you think people make money on the way up only?Wrong.
Do you think people that short stocks don't make money? or they do it because they hate the company or love to lose money??? wrong!
Do you know that brokers make tons of money by us investors being so vulnerable due to lack of experience and can't see or tell what they are going to do next by taking the stock up and down. ( Actually there are ways to find out, thanks to the people that made this information available with the analysis tools available to us on our apps or computers using the brokers own software programs.
Here is a quick scenario to show you how experienced traders make money...
They buy xyz stock for 1 dollars....they own 10,000 shares for the cost of $10,000....stock goes up to 2 dollars...now his/her shares are worth 20,000 dollars...well at this time the demand for this stock with no news is weak...not many are willing to buy it at 2 or above...ok now it's time short it...
(let's not forget the computer bots that do most of the dirty work these days).
So this dirty game allows that person to sell shares he/she does not own They are actually borrowing your shares)...and buy back at the lowest point possible to maximize their profit...now he/ she made money not only on the way up, but on the way down. and the cycle repeats.
So the next time you see the stock dropping big time, this is because they want to make as much money as they can from all the newbies and unexperienced that sell their shares at a loss out of fear.
Look at BNGO..look at the chart...they make a killing on the way down and up.
many stocks we follow are just waking up...good things to come our way.
MOST IMPORTANT IS NOT TO SELL YOUR SHARES WHEN THE STOCK PRICE DROPS, BECAUSE YOU KNOW WHO IS BUYING THEM RIGHT???
YESSSSS, YOU GOT IT...THE PERSON THAT HAS SHORTED THE STOCK.
From today on we all have to help each other fight the shorts, if we do this religiously we will beat them.
1. After reading this post...go and put a sell order for all your stocks at the highest level you can so your shares can't be borrowed to allow the shorts to use them. ( it's true, but complicated to explain).
2. Never ever sell your shares out of fear when the stock drops after your buy it. Follow the RSI.
yes I know they tell us about stop loss...haha their biggest was of stealing our shares. I never use it.
Will write a post about it.
3. Tell all your family members and friends about step no. 1. If shorts can't find shares to short, we win.
I hope this helps. glta.
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.