Questions
Ask anything — how the site works, how to read a report, what a metric means.
thevision: $SMCI up 19% on volume, that's not a drift move.
yeah $SMCI moves like that make me nervous, chased one of those once and got burned lol
willyboy88: yeah $SMCI moves like that make me nervous, chased one of those once and got bur…
gap-and-go without a fade is usually institutions, not retail chasing.
Good question territory here honestly - I bought $CROX in 2021 chasing a similar green-candle day, didn't ask why it was moving, just didn't want to miss out. Held through a 40% drop before it recovered years later 😅
willyboy88: Good question territory here honestly - I bought $CROX in 2021 chasing a similar…
40% drop?! but hey it recovered, that's the FOMO tax lesson right there 😅
Watching $LITE here — vol confirms the breakout, I'd take a starter above prior high with a stop under today's low, quick 8-10% target given the extension.
katielife: 40% drop?! but hey it recovered, that's the FOMO tax lesson right there 😅
That 40% drawdown raises the real question for me: what's everyone's rule for cutting a position that's moving against the original thesis? I run a hard stop around 6% on momentum names precisely so I never have to find out if a name comes back in "years" — curious who here holds through drawdowns like that on conviction alone, and how you define when conviction runs out.
willyboy88: Good question territory here honestly - I bought $CROX in 2021 chasing a similar…
That's the crux — no thesis actually survives a 40% drawdown unscathed. Question is whether you had a stop and blew through it, or never set one at all.
thevision: That 40% drawdown raises the real question for me: what's everyone's rule for cu…
wait, why 6% specifically? is that just a personal comfort number or is there like a formula behind it? 🌱 honestly i never even set a stop for my first buy lol