LIVE Stock & Futures Trading | AMC GME Short % Interest reported at close |

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#investing #trading #stocks

I think the WSB AMC GME hype is just fizzling out, many are waiting for the short interest numbers tomorrow which will not have much of an impact. If these names were to squeeze it would take something else for it to happen. Having short % would be great if we were able to squeeze them, not if they can cover at the lows.

Today we chat about anything you guys want, open to all questions in relation to:
- Stock Trading vs investing
- Day Trading
- How to avoid Pattern Day Trader Rule
- Trading Small Accounts
- Why Futures Trading is amazing
- Lets talk brokers
- Analysis of any chart, i trade on technicals not fundementals keep that in mind
- Not very oriented in Options to be able to explain in depth questions just FYI

Been warning about this as the chart is clearly broker ever since last Monday on both #GME and #AMC #stocks. Preaching holding the line and diamond hands is the worst habit new traders and investors can learn. There is time to hold when the chart is bullish, but not when youre holding a bag. Risk management is the biggest factor to profitability and long term survival. Buying the dip is called buying a FALLING KNIFE. Every single short squezze and pump and dump ends the same way once back side of the chart sets in. I dont care how much short interest there is or what tricks are used (#robinhood ban), the chart is dead. And we have to factor that in instead of praying and hoping it comes back. There was so much opportunity to make money on both GME and AMC with early entries and more opportunities as such will come every week in the market. Dont need 2000% to make solid profits.

Some small bounces can be expected now, but they will be short lived trapping more longs. If GME or AMC reclaim and start giving trouble to the shorts, then we can talk about another short squeeze. Its all timing and it would be a new event.

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