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1 hour ago, AriGold2.0 said:

Looking to be a red day across the board.. Sit tight, bears get a day here and there. Bulls have been on a roll.

 

Don't panic sell!

Yup. Gross day.

 

Averaged down on a couple of my long positions and I'm done for the day. Feels nice. :)

 

 

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First hour of trading is always volatile.. wouldn't be surprised to see NKLA rebound today... not to yesterdays levels but maybe to mid - high 60s.

3 minutes ago, sassbs said:

Gnus down to $3.80 ,  I’m going to seee how low it can go before getting into it

Yeah they have been in a free fall ever since that report Hindenburg report pegged their share value at $1.50

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I want to get into trading.  I'm pretty nervous to get started though.  I'm thinking of using Wealth Simple (does anyone here use them to trade?).  I'm going to start with a laughable amount of capital, because I'm 20 and need money for tuition.  I'm thinking of starting with $50.  Anyone have actual advice, I went to reddit for advice and everyone just said that I was idiot :lol: 

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2 minutes ago, BoKnows said:

I want to get into trading.  I'm pretty nervous to get started though.  I'm thinking of using Wealth Simple (does anyone here use them to trade?).  I'm going to start with a laughable amount of capital, because I'm 20 and need money for tuition.  I'm thinking of starting with $50.  Anyone have actual advice, I went to reddit for advice and everyone just said that I was idiot :lol: 

You will probably want to start with a little more capital... the cost of 10 trades will be your capital.. Each trade will cost you $5. You will probably want to start with 1000 OR be disciplined and try a fake money account.

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7 minutes ago, I.Am.Ironman said:

You will probably want to start with a little more capital... the cost of 10 trades will be your capital.. Each trade will cost you $5. You will probably want to start with 1000 OR be disciplined and try a fake money account.

That's why I was looking at Wealth Simple.  I believe they operate on commission free trading.

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1 minute ago, BoKnows said:

That's why I was looking at Wealth Simple.  I believe they operate on commission free trading.

Sign up for a practice account. I had one with RBC and they give you $100k fake money to play with. 

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1 minute ago, BoKnows said:

That's why I was looking at Wealth Simple.  I believe they operate on commission free trading.

If you go back a couple pages here, someone uses WS and it wasn't listing many of the tickers we have been talking about around here

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sold my GNUS at 4.16 and bought back somewhere around 4. It was really weird and stressful lol the sales and buys were so laggy i was confused what was going on with my account. Ended up with an extra 550 shares. I guess that counts as a minor success at buying the dip?

Edited by yoshiyoshi
meow
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I have a question for those more experienced.. What weight do you put into how over bought/ over sold something is based on the moving average?

 

For example this is NKLA today with the Moving Average line... looks like it is over bought on the day and week if you use that as the metric.

Day:

image.png.deb47e58457d970b4ab46e42a0def3ca.png

 

Week:

image.png.17d98bfdd9bcd471dcc5d6071cd4b0ed.png

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