I’m sure you’ve seen stock ticker symbol $HKD somewhere! I mean, we gotta give credit where credit is due, the stock has gone bonkers! Even from when I recorded this video, the stock continued to sky rocket and go crazy. For you beginner traders out there who are just getting started, $HKD is what is known as a short squeeze stock. These stocks can quickly become popular across social media and sites such as Reddit due to their explosive nature and price movements; however, there’s way more than what meets the eyes. When I was just getting started as a day trader, I would have simply looked at the percentage gain the stock has moved and thought, “Oh wow! This is crazy!”, but the more I’ve learned over the decades, the more I now know this is a way too simplistic viewpoint. What do I mean? In the world of short squeeze stocks, there are two worlds. There is the surface deep “how much it went up” world, which is not very useful. And then there is the “what was the risk involved trying to make money from the short squeeze event?” world, and this is the world that matters. Let me explain how and why in this video!
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Review on Hkd pleaseeee
Indeed but you only should buy it as momentum play when the stock is moving higher with volume increasing a higher rate. As you know any sign of volume slowing down is time to sell at least half position or all. Needless to say it is important to see from where the stock is coming from in the previous days, support/resistance stock history.
Omg Clay You are the biggest hater of haters. This stock only went down from $2555 to $28
Diamond hands baby!!!!
Lol a two sided coin. What coin has less than 2 sides?
hey clays how about today
hkd
Damn this aged nicely
All great points! Just like ATXG just recently. That’s why you are still day Trading. Well said! Hope=Hopeium!
You are 100% spot on. It is so much more relaxing to trade on a measured basis than to gamble. I know because I’ve done it. Long term is a guaranteed losing proposition. Unless it’s one of those guys that rakes in millions on their worthless ‘course.’ And then use a portion of the money they made to gamble—showing the people they bilked all their money from how ‘easy’ it is to day trade.