Pete
@petertrades
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Stocks & Options gambler. Tweets and posts are not investment advice.
Miami, FL
Joined January 2012
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Came out of retirement guns blazing for this A++ set up on the short side
Know your strengths and attack with size when the setup is there.
EPIC way to end the month!!
Thank you $AMC 🔥💰
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I opened a Scottrade account 10 years ago bought some OTC penny stocks and forgot password. I decided to log in today to see if my stonks did anything.
This is the result of a 10 year hold
#diamondhands
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In 2016 i was ready to give up on trading. Wasn't making enough and kept botching A+ trades. Was huge mental struggle for me. So near end of the year I saw one of my setups and I said FUCK it and went Yolo & it ended up working out😎. I broke out as a trader next yr and went nova
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MAJOR homerun short setup. I was stalking this name since IPO. I've seen this pattern about 5-10 times past 2 years. I was ready and knew what to do $AERC caught around $80 per share
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10 years ago 2013 was my 2nd yr trading & first profitable year. Crazy to think back and see how far I've come from a 5-10k net worth lol. I started this account with $2,150. This was pretty much most of my $. I gave myself 1 shot and luckily it worked out lol
Happy NYE degens!
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Let volume, price action and tape tell you the story. Not the story your mind came up with just because you want the stock to do something.
Good way to avoid stupid losses.
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If I win
#Powerball
, 50 lucky people who Retweet/Like will get 20k for a trading account
#stocks
😎
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one of those rare crazy otc moves that offered an epic opportunity $SIMPQ
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RIP to the bull market of the past 12 months. It was fun while it lasted.
Smart people will keep their $$
Noobs will bleed it all away.
Don't be a noob
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$SMCI with moderate risk 10-20m was doable. If you went psycho mode I believe 50-80m was entirely possible today. The stars aligned for this setup. Just unreal opp. I’d say prob best setup I’ve ever seen on a multi billion dollar market cap stock since $TSLA breakouts
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said i would never sell $TSLA but this is just getting silly. so i took 10% off today at 2060 from sub 300 entry
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I fucking hate shorting penny stocks. I've aged 5 years past 2 days 👴 fuck you $FFIE held 90% and covered at 1.60s
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Took a monster loss on $ILAG today. I learned how dangerous it is to take big size on a thin name that’s not A+. I was lucky it stopped going up at 12 tbh. Learned a lot and putting in rules to avoid this in the future. Back to retirement, trading sucks lol
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$NIO almost new career day for me💰💰🚀
The amount of mental capital that was wasted fighting it for 2 days probably hindered my ability in nailing this out of the park
A++ setup
mental capital preservation is
#1
going forward. No more fighting!
Congrats all who joined party
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Found a PnL screenshot from 7/22/2013. this used to be a huge number for me back then
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I have learned in this market im usually not wrong with my ideas. I'm just early soo i Just need to patiently hold until im right 😂
#simple
$EDRY good example
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#IfIWonPowerball
50 lucky people who Retweet/Like will get 10k each for a trading account
#stocks
#Powerball
😎
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New record career day. The insanity doesn't stop in this market. Thank you $KODK and
@realDonaldTrump
💰💰
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Everything I’ve ever bought and sold past 12 months, 95% of them have just gone 5x higher 🤦♂️
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Market is HOT! This is your time to size up and take your trading to the next level. Opportunities every single day. Thinking this will last for several months 🤞
#yolo
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If you know how to buy breakouts this is the market where u can multiply your net worth.. insane lmao
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Sometimes I wonder what I would be doing for $ if I didn’t find trading 9 years ago.
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the hedge funds that were squeezing $GME to 400 bailed. The pump is over. It will be very volatile for the rest of the week. we will never see this back to 400 let alone 300 imo. Top is in forever
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The opportunities this week were imo the best I’ve seen in 2 years. (My wheel house) $NVDA breakout and Bitcoin etf sell the news. $MARA $RIOT $MSTR Liquidity and magnitude of the moves just insane. Maybe this is a peek for what’s to come in 2024 or this was it… hope not lol
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Story in 3 parts.
Played some golf, got drunk at trumps bar, shorted 50k $AMC on my phone 🤣
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MASSIVE day! $TSLA short squeeze was just epic and predictable. Work hard and it will pay off.. I'm coming for your title brah
@sanglucci
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One of the best setups I have seen in a long time. 8 fig opportunity imo $nvda
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Just 1 trade can make your career. (Or end it if no risk management)
Crazy opportunities this week. 🤯
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just watched citrons YouTube video on $GME
wish I watched it earlier
He literally said
"as long as borrow is available and insiders are still selling and the company needs money, you WONT see a squeeze from here on in"
1 day later squeezes 70%😂
love this new market
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Then Jan 2014 came along and we were blessed with the crazy otc weed stocks. I think I turned that 28k into ~150k in a few months it was most euphoric 2 months ever at that time. Everything I had bought went 10x and I always sold way too early lol
To be continued....??
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I started trading in 2012 with a 5k account and by Jan 2013 it was down to $1,600. In a depressed state I said fuck it & YOLO gambled it all into 2 earnings straddles $NFLX and $ADSK.
@Carl_C_Icahn
took a stake months prior. Earnings came out stock went up 50% in 2 days.🚀🤯
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$ARM breakout buy spot
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Biggest loss of my career this morning..
Biggest gain in my career after hours..
Welcome to 2021
#stonks
I need a fucking vacation
$GME $NOK $AMC $NAKD $BB
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Happy New Years to all you degens!
2021 was a record year, hope you all crushed it as well.
Now let’s crush 2022!!
#BurjKhalifa
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$GNS $3 target acquired 90% of my position has been sold. Huge 200% winner. Will turn algo on again tomorrow if volume permits.
Good Night
-Pete Yo
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$MARA I was at my desk all week waiting for this short opportunity Multi 7 fig opp here. Love these textbook setups $MSTR $BITO $COIN
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This wasn’t caused by retail traders. Hegefunds squeezed melvin captials nuts
JUST IN: Treasury Sec. Yellen will convene heads of the SEC, the Fed, the Federal Reserve Bank of New York and the CFTC this week to discuss market volatility driven by retail trading in GameStop and other stocks - Reuters
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$NVDA I remember this at $12 and thought to myself why so cheap??? 🤦♂️
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bull market was fun while it lasted. guess its time to find a new line of work.
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what I noticed with my trading this year i taking a HUGE loss in this market is a MAJOR opportunity cost for me. Takes me about 1-2 days to get back to my usual trading self. Gotta avoid big mistakes going forward.
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A lot of people I know got hurt on $ILAG. I didn’t post this for sympathy, I posted to let people know that even someone with 10 years of trading experience can fuck up. Learn & grow from this 💪🏽
The bright side to this loss is, I have a very entertaining war story to share 🤣
Took a monster loss on $ILAG today. I learned how dangerous it is to take big size on a thin name that’s not A+. I was lucky it stopped going up at 12 tbh. Learned a lot and putting in rules to avoid this in the future. Back to retirement, trading sucks lol
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$GME should do forward split next week to squeeze the shorts to oblivion. 😂
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$TSLA perma shorts were right!! they were 11 years and 40,000% early.. but they were RIGHT 🤣 🤣
This will need to consolidate for a long time imo. I would guess in the $70-$200 range for a few years.
I'm stalking this for a bounce this week
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HUGEEE market opportunity coming this week. be ready folks retirement is 1 day away
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flash back to the greatest trading opportunity day ever.. Wish something like this happens again $GME
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IPO's are fun again my $RIVN short
I just waited for $15 extension to start my SS caught about $15 per share 💰 Very clean setup
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I need to acquire the skill of being able to fall asleep on a plane.
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I win $500 on a black jack hand I'm euphoric
I make 50k trading I feel nothing
Solution? play more blackjack and bet bigger!!!
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Liquidity is one of the most important aspects of trading.
On the long side your risk is controlled as long as you are not leveraged; downside is to 0
But the short side is the SCARIEST of them all upside is infinity. 2 recent examples $HKD $ATXG
Be mindful & stay safe people
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Just long stocks guys. It’s easier and you likely won’t go bankrupt.
short selling in this market u can go broke in a day.
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Taking out a 3rd mortgage and going all in $TSLA at $90 whose with me?
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Why was this A++++? $SMCI
1. $750 to 1,080 in 3 days the move sped up with 3 gap up days in a row
2. Selloff happened on a Friday (0dte options)
3. Day prior we hit record volume after a speed up indicating it was close + price action was sketchy. read previous tweets
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my uncle sold his home in phoenix for 370k 6 months ago. the buyer remodeled entire home with new appliances etc..
it sold for 600k now wtf??
people r crazy
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Insane opportunity and volatility in 2024 so far. Only years i could compare this to is 2020-2021 era
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They say to buy the dip, but this is the 5th dip and I'm running out of money 😑
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$GME is structurally broken there are way too many shorts. + synthetic shorts via options. Without any sort of intervention. This is could be one of the largest squeezes in history. $1,000+ Just my opinion
I have no position
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$COIN well this is what happens when 120 million shares are freely tradeable from day 1 with a 50% + gap up from indication
FREE money for insiders
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Day of a YOLO Trader
1. Get to my desk 10am
2. Go long huge size $HMNY up 25k realized 10k
3. Give all gains back ended flat :(
4. Use my
@MoviePass
to watch Equalizer 2
5. Get a Frappuccino from $SBUX to feel better
6. 3:55pm get to desk put on earnings lottos
7. Lotto's failed
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This guy
@elonmusk
sells some stock and the whole market sells off.
Major flex to show em whose boss
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$PLTR if u want a stock to stop going down you got to step in yourself and max out your margin 😉💰
High probability bounce set up.
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all i want tomorrow is a $AMZN $TSLA fat gap up tomorrow to pile all in short..
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$GME if they dont drop an offering by tomorrow. company is run by idiots
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My execution engine was supporting $GNS yesterday into today and then we liquidated into the $8 move
take notes
@short_cap
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Took a page out of
@sanglucci
book. shorted the fuck out of the juiced call options in $TLRY so far my biggest trade like this..
#patience
pays .. working to get bigger and better.. 2 day swing trade + 175k !! Epic start to month
#weed
$CGC $CRON
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Prediction $nvda reaches 3-4 trillion this year and entire market collapses after 😂
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It’s 11pm and I’m getting Dogecoin profit screenshots from family
With the text
“To the moon”
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My sister goes full margin and tries to scalp .10-.20
This type of degeneracy must run in family. I did the same shit when I first started but with 6x leverage 😬
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$DKNG text from relative just now. Good chance this tops out next week
#simple
@InvestorsLive
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Never seen a billion shares traded on a $1 stock before insanity $GEVO
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