The Official AMD shares thread

[AtW]

You throw caution to the wind if you like. I measure risk. That's what I've done throughout my entire career. If the risks out way the benefits, then its a no go until proven otherwise.

Try learning when to use apostrophes first

[scooterscot]

Right now the risk is damn high. And I'll tell you why. The bet is a stock that's already done 16x is going 2-3x. That's simply greed.

There's another point I din't mention in the above chart, fake outs: Fakeouts. Fakeouts are what happen when a stock breaks through a critical resistance and investors now believe there's a clear run to the next level. Außerdem (so much nicer than besides no?), a fakeout needs to confirm support on previous resistance. Without this confirmation, the risk is that much greater.

Is there a signal that could indicate a Fakeout? Yes, decreasing volume proportional to increasing price. The chart below tells us exactly that. That's why the risk is damn high. Smart money got off the bus way back.

This is exactly how I advise clients when making decisions. I never tell them what to do. I tell the risks of each path.

[DimPrawn]

You throw caution to the wind if you like. I measure risk. That's what I've done throughout my entire career. If the risks out way the benefits, then its a no go until proven otherwise.

How's the £100K per BTC prediction going and the Lambos for everyone mantra working out.

[scooterscot]

How's the £100K per BTC prediction going and the Lambos for everyone mantra working out.

My first BTC cost me £350.

[DimPrawn]

My first BTC cost me £350.

And how many did you buy compared to the ones near £20K?

[scooterscot]

And how many did you buy compared to the ones near £20K?

Never bought any near that price.

[AtW]

My first BTC cost me £350.

So it was ok to buy it when it had gone up at least 350 times?

[scooterscot]

So it was ok to buy it when it had gone up at least 350 times?

Yes because they can’t print any more, unlike shares.

[AtW]

Oh deary oh deary -

[AtW]

39.88 USD increase 1.32 (3.42%)