Boiler Room: The Official Stock Market Discussion

GoldenGlove

GoldenGlove

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NatiboyB said:
:russ: I remember I was all in on this one at first. They are kind of Like Palantir but I ended up getting out of it. It always seems like everything takes off once I close positions on it. Even though I closed position on this during the correction we had.
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I'm still in the red, it tanked right after I bought in, but I always felt it would recover eventually. Data and AI done well will always be valued, deep down, I always felt it was just a matter of time
 
Doomsday

Doomsday

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:mjlol:I've matured in this game. I did my research. If you started with 1500 and made 2.5% a day, you would have just under a million dollars-- and that's only with 1500 dollars. Then I thought about it; we've all been sitting on commons or options, saw it had increased by at least 2.5% and balked at it. Yet that rate of inflation would literally make you a millionaire.

Once I thought about it, I came to the conclusion of narrowing my focus to daily percentage gains, not doubling or tripping my investment amount. Now I have no problem selling when I'm up 40% and below, I used to not even look at it if it wasn't 50% or above. I find that I barely have red days nowadays and over the long run I except to make a lot more money, on a more consistent basis.
 
Rickdogg44

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Doomsday said:
:mjlol:I've matured in this game. I did my research. If you started with 1500 and made 2.5% a day, you would have just under a million dollars-- and that's only with 1500 dollars. Then I thought about it; we've all been sitting on commons or options, saw it had increased by at least 2.5% and balked at it. Yet that rate of inflation would literally make you a millionaire.

Once I thought about it, I came to the conclusion of narrowing my focus to daily percentage gains, not doubling or tripping my investment amount. Now I have no problem selling when I'm up 40% and below, I used to not even look at it if it wasn't 50% or above. I find that I barely have red days nowadays and over the long run I except to make a lot more money, on a more consistent basis.
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All in gang still with the 2.5% threshold?
 
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