Practice is Over | Get in the Game
Will you crumble under the pressure? Or rise to the challenge?
Daily Blog
GME | FUD
Fear, Uncertainty, and Doubt. When the high volatility swing pulls your stock investment down by 70%, what do you do? You know you should have had a stop loss and profit target when buying the stock. You know that there needs to be a catalyst to get the stock to move back up. You know … Read more
GME: Diamond Hands and Diamond Guts
It’s now February and the weekend has largely splashed cold water over the burning fire that was GameStop. The weekend was filled with articles about how redditors have “moved on” from GME and now looking for the next great short squeeze. There was an incredible amount of info pushing retail investors towards the silver market. … Read more
Measure Twice, Cut Once
My work sent me a new window tilt blinds motorization kit so install. It was accidentally sent to my mom’s house, but I picked it up this week. I was pretty excited to try the DIY installation kit. I’m good at providing feedback. I even toyed with the idea of filming my installation. I got … Read more
A Day Off
Sometimes we just wake up tired and exhausted. Usually, it’s our bodies or brains telling us you need the rest. I’m not that surprised. The last week was a rollercoaster. Work challenges and surprised were matched by the GME all out war on the stock market. Today, I still managed to do a workout. I … Read more
GME Saga Continues Part III
January 29, Friday. Expiration Day. The GME army is holding and continuing to buy GME. I get an email from Robinhood in the morning stating there’s limitations on the number of shares each account is allowed to buy: 5. A measly 5 shares only. It’s almost worse than keeping the buys shut off completely – … Read more
GME Trades Halted Again
Robinhood. Webull. Tastyworks. This morning, these brokerages of mine got shut off from the ability buy stocks or open new option positions on GME and a handful of other stocks. But the ability to sell was still there. And institutional traders can still buy these stocks. There were other brokerages too that shut the ability … Read more
How Does it Feel to Get Punched in the Face?
“It wasn’t that bad” We had a call with our nephew who has just had his first boxing sparring session, against a professional too. He then started to described his experience. He said the straight punches to the face didn’t hurt as much as expected. But the hooks to the side of the head caused … Read more
GME – Short Squeeze
This week has been one for the record books – and it’s only Tuesday! So the super concise version of what’s happened. The phenomenon is called a Short Squeeze. To understand we a Short is a trading strategy used most often by Institutional Traders like hedgefunds to make money while betting that a stock’s price … Read more
Resistance to Change – Fear
There is a general mindset among the masses that changes are bad. As social animals with survival hard wired into our brains, we naturally place a lot of value in the comfort of the status quo. And even if you consciously embrace changes, it’s very likely there is a tight subconscious grip holding you back … Read more