Post your a screenshot of your P/L here then. And if you have two accounts taking opposite positions so you can always show profits then fuck you.
How do you cope with huge losses?
Luke Price
Matthew Fisher
As posted before:
Doesn't matter. He isn't what he once "was", he was hardly even that in the 90s.
Lets look at is track record:
> 15 years ago he founded McAfee
> didn't sell to Intel, just sold his part in 95
> use to do coke & drink scotch at work
> after leaving mcafee he lived in a 3rd world country
> slept with 7 women & loads of guns
> found with 17 year old girl when searched
> trying to run for president?
I mean dude come on, he's 70 years old. He tried to convince the media he could bypass the iPhone & exploit Andriod.
He is a mere attention whore and this MGT is dotcom 2.0 bullshit.
That's what I think of the company. As for the stock though, it will continue having its ups n' downs until news breaks. If good news comes out on Friday, I believe it is, the stock will jump. But overall until any news comes out, it is stuck in limbo. Although if bad news comes out, gl & gg. Which is why I'm staying out, is cause' bad news can send it tumbling.
Nathan Hall
Just bought 300 shares. You're all rookie investors. You only lose money if you sell, and John Mcafee is in it for the long haul. You should be buying more when it tanks to 2.80.
Hudson Smith
Currently in college also and made $5670 off MGT in the past two weeks =)
Noah Powell
>bought 1k worth at $5
JUST
Nathan Allen
fucking kill me desu. Congrats on your gainz. I could have sold at 5.4 but I got too greedy.
Levi Foster
hopefully there will be one more pump
Landon Ward
With that being said, how much do you think his Trump-tier hyping affects the stock price? I'm willing to jump on board for a while if it actually works some magic.
Isaiah Sanders
It won't effect it till news starts.
We're past the trump-tier hyping. People want evidence now and will start disregarding anything speculative.
Noah Brown
>huge losses
Don't really have those. Before opening a position I assess the risk and put stops. Usually I'm not willing to take more than 5% risk, I'm ok with taking 5-7% only in case when the reward is much higher than risk like 20-30%.
I don't like penny stocks so I ignored MGT. Technical analysis is based on the notion that you can make predictions of the future prices based on the past prices, and that prices tend to form patterns. MGT was at a low level and it shot up based on emotions of traders, based on the media and speculations. Even if I would want to trade it I wouldn't know where to put stops because that shit is so volatile. The only way for to trade it successfully would be sitting and watching it and get out today after seeing a double top forming, but still this shit is volatile.