$Trump Media & Technology(DJT)$ A quick Update from my last post. A conclusion before the election next week. Yes i started at a loss since i entered DJT at $12-$17 when consesus are bearish. Now many retailers are FOMO buying the last rush. It might or might not happen. Hence i trimmed down to 400 shares. Trade smartly. Now that many retailers are bullish. Perhaps its time to bail. Its a gamble at this point.
I bought DJT because trump is a strong contender, the game plan is to profit on the momentum not the result. Good luck to everyone trading DJT. Hope you could bag as much during this period.
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Comments
but this trade play is suppose to be a profit against momentum & time not the company itself. which is unfortunately due already. you can only profit from the fear and overreaction now..
a good indicator is to see if the community starts panicking and posting bearish post.. its probably a good time to buy.
but just be cautious and remember to have a good risk reward trade or else it doesnt matter anyway.
best of luck.
Can start to short it?
Difficult to say