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5Q5 trade ideas

What Type Of Trader Are You?2 Extreme Types of Traders So let’s talk about “What Type of trader are you?” This is a follow up to my previous article, “The Traders Journey.” So here’s what I’m seeing. There are 2 extreme types of traders. The Type of Trader Who Wants to Know Everything 1.) This type of trader can’t get enough information. They’re like a ‘knowledge vacuum’! This type of trader thinks that by knowing EVERYTHING they can, this will inevitably lead to them making money in the markets. So he keeps reading books, watching YouTube videos, attends webinars…knowledge, knowledge, knowledge. … and he hasn’t placed a single trade yet. So think about it this way: Let’s say there’s somebody who wants to run a marathon. So he starts reading books about it and watches videos. He knows all about pacing, how he should train and what he needs to eat. He know the best shoes for running a marathon, and the best clothing… …. but he hasn’t run a single mile yet. Now onto… The Type of Trader Who Doesn’t Know Anything Now here’s the other extreme. The other extreme is the “trader” who doesn’t know anything, but they got a “hot stock tip from somebody.” This trader buys a stock and doesn’t know anything. Here’s a real example: Edith: I bought 10 shares of SNOW Markus: I'm curious: At what price? Edith: $243 Markus: So you're slightly down (for now). SNOW closed at $240 on Friday. Let's see what happens over the next few weeks. What is your profit target? Edith: I'm new at this, so I don't know what to expect but would like to make at least a 25% profit. I always hope one or more of my stocks takes off and I could buy a new home on the proceeds but of course that's not reasonable Edith has heard about SNOW, the biggest IPO of the year. It’s also the most hyped up IPO in a LONG time. I did a video on this: Should I Invest In Snowflake? It was originally priced at $85, then they raised the price to $110, and when it started trading, it jumped to $320! So Edith bought some shares for $243. And I asked her about the her profit target, and here’s her answer: “I don’t know what to expect. I hope that one of my stocks really takes off and I could buy a new home.” Wait…. What??? You bought 10 shares for $243, so that $2,430. I don’t know what houses cost in your area, but let’s make it easy and say it’s $250,000. So your shares would have to rise from $243 to $25,000 to make that happen! And in the markets, obviously anything can happen…but do I see that happening. Well, not in my lifetime 😉 Which type of trader is right? Of these two different types of extreme traders, the question still remains: What’s right? Which of these 2 approaches should you use? The “I want to know it all” approach or the “Let’s buy some stocks and see what happens” approach? I hope you’ve by now realized that it’s neither. That’s why I released The Traders Journey. You should really check it out. Here’s the right approach in a nutshell: 1) Find a strategy that makes sense to you (risk, time required, win %,). Examples: The PowerX Strategy, The Wheel. I made a video in which I compare these 2 strategies according to 5 criteria. It’s called “The Best Trading Strategy 2020“ 2) Learn the rules of the strategy 3) Place at least 40 trades on a simulator. 4) What are the results? 5) If it’s good, start trading it. If it’s bad, what can you do to improve? Now one more thing: When it comes to trading, YOU WILL HAVE LOSSES. No matter what they say, you will have winning trades, and you will have losing trades. There are no guarantees that you will make money as a trader. They key is to keep your losses small. Summary Now again, there’s 2 types of traders here: 1.) That’s the trader with a $10,000 account who sees a loss of $100. That’s 1% of his account. But he’s freaking out! 2.) Then there’s the other type of trader who buys a stock, and it moves against him. But he doesn’t take action. He doesn’t control his loss. Here’s another example: Sofwan: Sounds great. Can you do a video on Exxon Mobile , please? Markus: Hi Sofwan, what exactly would you like to know? :) Sofwan: I bought 100 shares at $44 for option trading. I can't do any trade and showing a loss of $900. Should I buy more to lower my initial price? This trader invested $4,400 and is now down $900. That's 20% of the account! THIS is what kills traders. THIS is what destroys accounts, NOT controlling your losses. It’s like “hoping for the best” and believing that “everything will be fine." Do yourself a favor right now: Check out The Traders Journey post and follow the steps that I’m outlining in that article. Then do the 5 steps I mentioned above: 1) Find a strategy that makes sense to you. Examples: The PowerX Strategy, The Wheel 2) Learn the rules of the strategy 3) Place at least 40 trades on a simulator. 4) What are the results? 5) If it’s good, start trading it. If it’s bad, what can you do to improve? I hope this helps. Leave a comment below and let me know what type of trader you are.
NYSE:SNOWEducation
by rockwelltrading
1
Should I Invest In Snowflake (SNOW)?Yesterday, Snowflake (SNOW) , one of the most anticipated IPOs in recent history, hit markets. With names like Berkshire Hathaway and Salesforce getting in on the IPO, should you be looking at SNOW as your next big investment? Snowflake Inc. is a cloud-based data-warehousing startup that was founded in 2012, and yesterday they hit public markets. So what exactly does that mean? What Is An Initial Public Offering (IPO)? Well, an IPO, or Initial Public Offering, is a way for a company to raise capital in exchange for small pieces of their company called stock shares… and let’s just say that the SNOW IPO was a big one! In fact, their IPO set a record for software companies and has been the biggest in the U.S. this year. Originally their IPO price was supposed to be between $75-$85, but last week both Berkshire Hathaway and Salesforce committed to buying millions of shares. Because of this, the price was then set to release between $100-$110. But when they finally started trading, it opened up at $249.99. Within a matter of minutes it shot up as high as $318.01. That was over a 27% move within 3 minutes… crazy! That is what we call FOMO (Fear Of Missing Out) in the trading world. And that’s what tends to happen with IPOs. By the end of yesterday’s trading, Snowflake (SNOW) closed up on the day 3.64%. How Did The Top IPOs Of 2019 Do? Last year we had a few noteworthy IPOs like UBER, LYFT, CHWY and PINS. So let’s take a look how all of these different stocks performed out of the gate. First, we’ll look at UBER. Much like Snowflake (SNOW), UBER had an explosive first day of trading. Then for about two months it basically moved sideways, until its first earnings report. From there, things got pretty ugly! In a matter of months the stock went from $43 to as low as $25.58. Now let’s take a look at their competitor, LYFT. Very much like SNOW and UBER, it too had a very volatile first day of trading but nearly immediately started moving lower. LYFT IPO’d at $87.24 in March of 2019, and by October it found a temporary bottom at $37.07. Starting to notice a pattern yet? Well, let’s take a look at another IPO that was really hyped last year, Chewy (CHWY). Its first day of trading was also very volatile. It opened up at $36 on its first day of trading in June of last year. By November it finally found a temporary bottom, trading as low as $21.68. A few other great examples from last year would be Pinterest and Slack. Both acted nearly identically to the other IPOs we just discussed. Slack was hyped up as the “Skype Killer,” and although that may turn out to be true, their stock basically went straight lower from the start. From what I’ve seen over the last few years, this has sort of been the MO of these ultra hyped IPOs. Taking a look at iposcoop.com you can see all the recent IPOs, and as I’m sure you’ll see, there are plenty you’ve probably never heard of before. Will I Be Investing or Trading Snowflake (SNOW)? So after all that discussion, should you invest in Snowflake (SNOW)? Well, ultimately that is up to you. I’m a short term trader, so I like to hold things for as little as a day or two and typically no longer than a few weeks. So for me, I will not be investing in (or trading) Snowflake. If you’ve followed me for any length time you’ve probably heard me say: Trade What You SEE, Not What You Think. And for me, I don’t SEE a trade setup. Could SNOW break the mold for over-hyped IPOs and go higher with out a sharp move lower…of course! But that’s not how I approach the markets. I stick with SRC Profits: – Systematic – Repeatable – Consistent If you invested in SNOW, I would love to hear about it in the comments. I hope this was helpful!
NYSE:SNOW
by rockwelltrading
7
Snow could double by year endFundamental Analysis: Off premises data base offer massive advantage as oppose to traditional cloud service, market is expanding, the fact that Warren Buffet is in should tell you something. Once SnowFlake could establish its market, potential earning is huge. Technical Analysis: Firm support at $220 price range, price bounces back every time it approaches this range. Institutional ownership is huge, and they are offloading their shares. Once retail traders get in and volume starts picking up, price will be much higher
NYSE:SNOWLong
by ngominha4
$SNOW is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea Snowflake is a cloud software company. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $278,31; stop-loss — $199,31 information about take-profit will be later Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.
NYSE:SNOWLong
by KozakHlib
4
Snowflake (SNOW): Everything You Need to Know Before the IPOIf you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. Google (GOOGL), Amazon (AMZN), and Microsoft (MSFT) all have one thing in common: they are tech giants in the field of cloud services In this analysis, I’ll be analyzing the fundamentals of Snowflake (SNOW), a startup that is about to challenge the Big 3 very soon. About Snowflake -Snowflake submitted their IPO documents to the SEC in August 24 - Snowflake is currently the fastest growing startup in the cloud industry - The company consists of ex-developers from Oracle (ORCL) - Founded in 2012, the company currently has about 1400 employees. Company Valuation - The company was valued at $12.4 billion in February 2020 - One thing to note from this company’s valuation is how it skyrocketed throughout time: - In January of 2018, the company was valued at $1.5 billion - By October 2018, the company’s valuation popped to a whopping $3.5 billion market cap Investors - Its main VC investors include: Sequoia Capital, Altimeter Capital, ICONIQ Capital, Capital One Growth Ventures, and Shutter Hill - Venture Capitals have collectively invested $1.4 billion into the company so far. - The fact that Warren Buffet is willing to bet big on this company’s IPO also acts as bullish stimulant, especially knowing that Buffet is famous for his dislike towards tech stocks. Financials - Snowflake shows stunning revenue growth - Their 2020 Q2 revenue hit a staggering target of $133 million, demonstrating a 121% year on year growth - Compared to their counterpart Datadog (DDOG), whose Q2 revenue showed a 68% yoy growth, it could be said that Snowflake’s revenue growth is massive - While their financials are still at a net loss, their losses for the first half of the year was at $171.3 million, which is a $6 mil reduction compared to that of last year Business Model - Snowflake has been building a data warehouse since 2014 - They offered a virtual data lake between cloud suppliers and a company’s program/application - This allows clients to easily approach massive amounts of data quickly - With the shift from on-premise to cloud services, more and more companies enter the cloud service industry as clients - Snowflake is also attempting to make a transition from a warehouse to a platform. - This is because Snowflake is available for use in Amazon, Google, and Microsoft’s public cloud in 22 countries. - Essentially, it acts as a platform that connects different cloud services, making the access and transfer of data from one cloud to another easy - Through Snowflake’s platform, the operation of a data cloud is possible. - This essentially means that the conventional on-premise, infra clouds, and app clouds can have access to, share, and extract data without any barriers - As such, one of the greatest value their business model offers is the network effect through the interoperability of different cloud services Conclusion While the cloud service industry continues to be highly competitive among Amazon, Microsoft, and Google, Snowflake offers values that could easily enlarge the pie. Its solid business model offers potential to make net profits once they start cutting their massive marketing costs. Anyone who is bullish on the outlook for the cloud servicing industry should definitely have his eyes on this stock.
NYSE:SNOW
by Michael_Wang_Official
44
How I became Bearish on SNOW and FrogI been waiting for the Snowflake IPO and JFrog IPO for a while. Weeks ago, when hearing about how much the proposed price for Snowflake could be, I already became bearish. The same happened with JFrog. Then they increased, and seemingly increased even more in price. Those who invested super early into the IPO on the trading floor or accredited investors who even got pre-ipo shares are already seeming to be holding some pretty decent paychecks. The price also seems too high to attract many retail investors. This happens with some IPOs, and usually it is a putoff. That being said, invest at your own risk and do your own due diligence. Everything I say is on an opinion based basis, not meant to warrant actionable financial advice.
NYSE:SNOWShort
by gamer456148