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4) Let's say knowing this you bought 1000 shares of $AMC at $14.00 in late July. You sell on the Spike for a $13,000.profit in just 2 weeks What so bad about that? Those who bought a 1000 shares on the hype spike at $27.50 and I'm sure there were many They are now down $10,000
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I use and teach how to use Scientific trading. I believe in science. This is my dilemma when trying to reach new traders in stocks like $AMC & $GME. They are will to lose every cent on a trade. I don't believe in that. I believe in making money.
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I got in at 8.90 and out at 60. Ride the initial emotions and squeeze. Now? Forget about it… puts at high resistance for those massive moves down
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