I'm thinking a lot of new traders are now giving up and quitting the game since the Crash in $GME from $500 and the crash in so many penny stocks and other small day trading stocks.
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I'm certainly not among those. I've been doing great as a new trader. Started with $500 on Jan 4th and have increased my investment 540% to date. That's while still sitting down $600 on AMC.
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Got most of my money in LOTZ and FUBO still holding until I can’t anymore trusting my instincts
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I was up almost $800 in a penny stock that I truly think will go higher and thought "what would Brian do" and was going to sell but froze and ended the day even on that trade and never sold🤷♂️ Still think it will run just have to be quicker on the trigger when I see $
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So you telling me hedge fund purposely lost money to crush the little guy????? No they would never
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Things have definitely slowed down. Today was a yawn-fest. With the Russell ripping I thought there’d be some activity. Nope.
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Im fairly new. I didn't come in through the $GME craze tho. But I'll be here for many years. This is what I want to do the rest of my life. Im that dedicated. It gets frustrating tho, because I want to make 1000s everyday but I haven't got there yet. One trade at a time.
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That was my biggest fear w these meme stocks. The loss of retail investors from the aftermath .