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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (74877)12/18/2022 9:07:02 PM
From: Sun Tzu  Respond to of 97457
 
>> You can’t possibly have sold those shares at a profit, because it went down

That is a failure of imagination on your part. As I explained in a recent post, when the GTC buy goes through, it is the start not the end.

I closed that BFLY either at a small loss or a small profit. Then bought it again in 2's and sold them around 7 [Edit I dug some records, not that I need to prove anything to you or anyone else].



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I started buying them again ~3. Now I have a small position with average cost of 2.95. So I am in the hole for ~16%. The average cost will go lower when I buy more of it at lower prices. When it eventually bounces to say 5, I may have an average cost of 2.25. As usual, I will post the total P&L as I have been doing.

I'm sure you can look up what the P&L was the last time I closed my BFLY position.




The bottom line Jacob, is that you have a hard time believing that someone could be a much better trader than you.



To: Jacob Snyder who wrote (74877)12/18/2022 9:42:37 PM
From: Sun Tzu  Read Replies (1) | Respond to of 97457
 
BTW, since we're discussing our trades, here's my BABA trades. Not as good as it could have been, but I wonder how it compares to yours.

I showed you mine, why don't you show us yours.



It started here: Message 34035744

PS As I have explained in my thread before, each order is typically twice the size of the previous one, but in this case it was 3x the size of the original.

PPS If you go back and dig, you will see that these prices map to what I had outlined and mentioned way before they were hit. i.e. I followed a plan.



To: Jacob Snyder who wrote (74877)12/18/2022 10:52:32 PM
From: Sun Tzu  Read Replies (1) | Respond to of 97457
 
[EDIT] Nevermind. Not worth it.

Just show us your BABA trades.