What a bloodbath today

Red Days are buying days ! Everything going on Sale…the big Summer Sales !
Always keep buying and averaging.

What App or Webpage is that ?

Give this a watch. Might put things in a bit more context;

@pipo you might want to take a look to as you were asking similar questions in another thread.

EDIT: If after watching you’re thinking about asking 212 to add SQQQ, LABD, and ($)SPSX, please do research these tickers so you understand why they can’t be added (hint: there are a bunch of ARK posts on here that will summarise :wink: )

SQQQ is available on the CFD platform and has an absolutely unreal entry point right now.

But Invest/ISA side still has restrictions if I remember correctly…?

If I recall correctly yes. There is huge disparity between the Invest/CFD side due to a number of restrictions.

Thanks for that as I didn’t realise SQQQ was on CFD side. I’d warn against anyone not familiar with CFDs getting frightened into jumping onto that platform to try and hedge on red days.

Take the pragmatic mindset and points from that video. Red days need to be put into context.

Totally agree. CFDs have a totally different emotion behind them. Your money disappears at an alarming rate. I’m in the hole big league after yesterday.

However I will certainly be picking a few SQQQ!

It’s Finviz.

Depends if you are long term or not, I’m buying Tesla every day this week except yesterday. This is where most people panic, if you hold for 10 years these prices will look dirty cheap.

so the bloodbath pre market continues for every stock that flopped yesterday. thankfully overall I’m currently still in profit so no need to panic.

Just as a heads up it’s a long weekend in the USA, so be careful heading into any new positions if you are not a long term investor

I can understand!

Equity down 15% and no liquidity to short.

I really hope the market will go down again today. We need to release the pressure that was build along the way. Stonks can’t only go up.

Needs another 20% off I wreckon

What’s a stonk?

US payroll increased by 1.4 million in August, so might be a bit mixed or sector specific.

stonks

In internet slang , stonks is a deliberate misspelling of stocks, as traded in the stock market. It is often used to refer to such stocks—and finance more generally—in a humorous or ironic way, especially to comment on financial losses.

I wouldn’t be too keen on believing those employment numbers,let’s say for example you’ve lost your job but you own a car if you do one uber ride and that’s the only drive you do for 6-months they count that as newly employed…lol
be careful of believing fudged numbers

sToNks