CVNA
Carvana Co.
stock NYSE

Its over for bols. Even those scam stocks are drilling hard. TSLA, PLTR, CVNA, NFLX.

I posted this on a different thread, but may help here especially since you already know set and forget.
I’m not aware of anyone who teaches this, but you can learn on your own with little risk. There are a lot of recourses that discuss swing trading and long term investing fundamentals. Read up on some of those.
Make a list of your go to stock. A dynamic list that will change over time. I’d stick with well know stock that are know money makers. Companies with good fundamentals but also smaller companies with lots of upside. Here are some that have been performing well: MSTR, CVNA, APP, VRT, VST, CHWY, RDDT, PINS, ASTS, RKLB, LUNR, LLY, CRWD, CAVA
Wait until the end of a market down day and look for the stocks above whose price is well below their 200 DMA. Among those look for the ones that are a higher percentage lower from their average analyst price target. If you understand major support and resistance levels, find the stocks that are lowest in the support and resistance channels. These are the stock you’ll want to buy into as swing positions. These are positions you’ll hold for a few days, weeks, months, even years. I tend to cycle through them based on which ones are trending or not.
Normally a swing trader will hold until some time when they decide to take profits. I’ve learned that taking profits early has much better upside. If you watch a swing position, it will rise and fall many times in a day. Profits grow big, then decline, then increase, then decline on daily, weekly, and monthly scales. Scalping can lock in the highs and cut out the lows.
How to scalp
It’s very beneficial for you to learn the intraday repeating patter:
https://tradethatswing.com/stock-market-intraday-repeating-patterns/
The volume pattern happens the same way everyday, but will affect price differently because of the market sentiment of the day or any particular stocks bullishness or bearishness. You can check the overall market sentiment with the VIX. It’s inverse of market. If VIX, volatility, is up the markets will trend down. If VIX and volatility are down, the market will trend up.
If a stock is very bullish because of news or earnings, it will buck the trend of VIX being up and most stocks in decline, and still post gains. If it’s not so bullish it will post highs in the morning and decline in the mid day then rise slightly in the end of day power hour after 2:00 EST. If stock has no news it will decline most of the day, but trend up and down along the way - you can still scalp profits from stock like this, but you’ll easily get stuck in negative positions for the day. But since these are swing positions it doesn’t matter. Hold and wait.
The easiest way to take advantage of the pattern is to wait for market open then determine the initial direction. If the price of your swing stock is increasing, know that in a short while it will more than likely start decreasing. You want to sell at the highest price you can. I watch the price action of bids and asks to see when a reversal is coming. When price starts to falter or you can just decide to take profits when you think it’s right. The highs of the day are generally posted in the morning (first 90 minutes) if the VIX is down and the overall market is trending up. If when you sell, the price continues to rise, don’t chase it, the price will decrease usually within 15-30 min. The best mornings are when VIX is down and the morning sees up to three up and down price swings. You can ride each of these price swings up, sell, down, buy, up, sell, down, buy, up, sell, down, buy. Be careful at 11:00 - 11:30 EST as volume decreases and price generally reverses and you’ll often see dramatic declines. If you’re holding at this time beware and be ready to sell market quickly. I always have a rebuy trade set up and waiting for every sell I’m doing so I can easily set the buy limit after I execute the sell limit.
You can set your sell and buy limits based on recent support and resistance levels. Use charts to look back on daily price and find the recent resistance level. I always set mine a few cents below this level. Same for the rebuy / support level.
Stocks make almost all their gains in after hours so it’s a good idea to rebuy and hold overnight. Don’t worry if the price goes negative. You’re in a swing position.
https://www.nasdaq.com/articles/like-night-and-day
Oh, when you rebuy, buy the same number of shares plus the equivalent of your profit take on the last sell. This way you’re compounding which, overtime, has dramatic results.
I use stock charts for charting. If you study from a good charting service you can see how much a stock rises in a day or week or month. If you added up all the % increases the stock makes in a day and subtract the price decreases, you’ll see that many stocks will have increases that add up to 5%, 10%, 20% or more. Even more over weeks. Dramatically more over month and astronomically more over the course of a year. You’re holding swing positions so it’s not bad if your stock price goes negative. Hold and wait. Almost all stocks that’s have Strong Buy ratings and which are below their average analyst price target will eventually go up. Patience is power. Just wait.
The markets should not be treated as a get rich quick mechanism but should absolutely be treated as a get filthy rich over time mechanism.
If you trade like this, put in the time and effort, swing, scalp, rebuy, compound. You will, almost guaranteed make big money over the course of 5, 10, 15… years.

Can I go back to Q4 2022 time and buy CVNA at 4 and sprinkle in some SEZL at 1.50?

CVNA probably. TSLA up there too

I’m not aware of anyone who teaches this, but you can learn on your own with little risk. There are a lot of recourses that discuss swing trading and long term investing fundamentals. Read up on some of those.
Make a list of your go to stock. A dynamic list that will change over time. I’d stick with well know stock that are know money makers. Companies with good fundamentals but also smaller companies with lots of upside. Here are some that have been performing well: MSTR, CVNA, APP, VRT, VST, CHWY, RDDT, PINS, ASTS, RKLB, LUNR, LLY, CRWD, CAVA
Wait until the end of a market down day and look for the stocks above whose price is well below their 200 DMA. Among those look for the ones that are a higher percentage lower from their average analyst price target. If you understand major support and resistance levels, find the stocks that are lowest in the support and resistance channels. These are the stock you’ll want to buy into as swing positions. These are positions you’ll hold for a few days, weeks, months, even years. I tend to cycle through them based on which ones are trending or not.
Normally a swing trader will hold until some time when they decide to take profits. I’ve learned that taking profits early has much better upside. If you watch a swing position, it will rise and fall many times in a day. Profits grow big, then decline, then increase, then decline on daily, weekly, and monthly scales. Scalping can lock in the highs and cut out the lows.
How to scalp
It’s very beneficial for you to learn the intraday repeating patter:
https://tradethatswing.com/stock-market-intraday-repeating-patterns/
The volume pattern happens the same way everyday, but will affect price differently because of the market sentiment of the day or any particular stocks bullishness or bearishness. You can check the overall market sentiment with the VIX. It’s inverse of market. If VIX, volatility, is up the markets will trend down. If VIX and volatility are down, the market will trend up.
If a stock is very bullish because of news or earnings, it will buck the trend of VIX being up and most stocks in decline, and still post gains. If it’s not so bullish it will post highs in the morning and decline in the mid day then rise slightly in the end of day power hour after 2:00 EST. If stock has no news it will decline most of the day, but trend up and down along the way - you can still scalp profits from stock like this, but you’ll easily get stuck in negative positions for the day. But since these are swing positions it doesn’t matter. Hold and wait.
The easiest way to take advantage of the pattern is to wait for market open then determine the initial direction. If the price of your swing stock is increasing, know that in a short while it will more than likely start decreasing. You want to sell at the highest price you can. I watch the price action of bids and asks to see when a reversal is coming. When price starts to falter or you can just decide to take profits when you think it’s right. The highs of the day are generally posted in the morning (first 90 minutes) if the VIX is down and the overall market is trending up. If when you sell, the price continues to rise, don’t chase it, the price will decrease usually within 15-30 min. The best mornings are when VIX is down and the morning sees up to three up and down price swings. You can ride each of these price swings up, sell, down, buy, up, sell, down, buy, up, sell, down, buy. Be careful at 11:00 - 11:30 EST as volume decreases and price generally reverses and you’ll often see dramatic declines. If you’re holding at this time beware and be ready to sell market quickly. I always have a rebuy trade set up and waiting for every sell I’m doing so I can easily set the buy limit after I execute the sell limit.
You can set your sell and buy limits based on recent support and resistance levels. Use charts to look back on daily price and find the recent resistance level. I always set mine a few cents below this level. Same for the rebuy / support level.
Stocks make almost all their gains in after hours so it’s a good idea to rebuy and hold overnight. Don’t worry if the price goes negative. You’re in a swing position.
https://www.nasdaq.com/articles/like-night-and-day
Oh, when you rebuy, buy the same number of shares plus the equivalent of your profit take on the last sell. This way you’re compounding which, overtime, has dramatic results.
I use stock charts for charting. If you study from a good charting service you can see how much a stock rises in a day or week or month. If you added up all the % increases the stock makes in a day and subtract the price decreases, you’ll see that many stocks will have increases that add up to 5%, 10%, 20% or more. Even more over weeks. Dramatically more over month and astronomically more over the course of a year. You’re holding swing positions so it’s not bad if your stock price goes negative. Hold and wait. Almost all stocks that’s have Strong Buy ratings and which are below their average analyst price target will eventually go up. Patience is power. Just wait.
The markets should not be treated as a get rich quick mechanism but should absolutely be treated as a get filthy rich over time mechanism.
If you trade like this, put in the time and effort, swing, scalp, rebuy, compound. You will, almost guaranteed make big money over the course of 5, 10, 15… years.

Which bank is it again that has issued a bunch of debt to CVNA and keeps coming out with insane price targets that are way OTM? I want to short that bank.

I have tried to understand the CVNA restructuring.
In CVNA, Apollo was the major debt holder. And Apollo cutted the debt by 1.2 billion USD and reached a new agreement - there was no public information about the share dilution in CVNA by Apollo about the new agreement.

I'd be surprised if Apollo didn't benefit from the CVNA turn around. They did hold most of the cards. It's not hard to benefit when you pretty much know the direction the share price is going.

I think the OP is taking it from an investment pov, where he (wrongly) applies the CVNA logic to Gold and thus says "This doesn't make any sense" 😂

CVNA, my as well continue betting against it and losing to keep my streak going

look at the 5 year volume profile for CVNA. That's the one I'm hoping plays out. Same players, and more in common than GME-WOLF IMO.