Boiler Room: The Official Stock Market Discussion

[Sugarbush]

https://www.google.com/amp/s/seekin...k-etf-soars-6-friday-and-over-30-on-the-month

 

[Sugarbush]

I may have to hop off the Auntie Cathy train. It’s clearly a witch hunt at this point

 

[FaTaL]

yeah that month turned me into a man

Tell me about it?

 

[pete clemenza]

This shyt is out of hand now. It's like we can't have nice things anymore

 

[humminbird]

Tell me about it?

It was my 2nd year activity investing and the first time I put major money in the market for me like $15000 at the time
I invested in mostly tech stocks
All I remember is that it went red and my portfolio was done like 2000 I didn’t freak out because I was used to small drops like that
Then the next day it was down like 4000 still kept my cool but I told my self I’ll stop looking at it
I come back a week later and I’m down $7000
That’s when I started selling and buying new stocks but every stock I bought just went down too. I decided to cut all my positions in half and just leave it alone
When January came and all the stocks started rising again my portfolio went back up but not to the amount I lost
By March I realized if it held all my stocks I had in the beginning I would’ve been up by like 10k+
It was a good lesson though

 

[Rickdogg44]

It was my 2nd year activity investing and the first time I put major money in the market for me like $15000 at the time
I invested in mostly tech stocks
All I remember is that it went red and my portfolio was done like 2000 I didn’t freak out because I was used to small drops like that
Then the next day it was down like 4000 still kept my cool but I told my self I’ll stop looking at it
I come back a week later and I’m down $7000
That’s when I started selling and buying new stocks but every stock I bought just went down too. I decided to cut all my positions in half and just leave it alone
When January came and all the stocks started rising again my portfolio went back up but not to the amount I lost
By March I realized if it held all my stocks I had in the beginning I would’ve been up by like 10k+
It was a good lesson though

You worried about China, Inflation, Covid this time? I really want to hold on my dividend ETFs but ... i'm thinking i could get in lower

 

[blues_funk_reggae]

It was my 2nd year activity investing and the first time I put major money in the market for me like $15000 at the time
I invested in mostly tech stocks
All I remember is that it went red and my portfolio was done like 2000 I didn’t freak out because I was used to small drops like that
Then the next day it was down like 4000 still kept my cool but I told my self I’ll stop looking at it
I come back a week later and I’m down $7000
That’s when I started selling and buying new stocks but every stock I bought just went down too. I decided to cut all my positions in half and just leave it alone
When January came and all the stocks started rising again my portfolio went back up but not to the amount I lost
By March I realized if it held all my stocks I had in the beginning I would’ve been up by like 10k+
It was a good lesson though

This is why I only mess with blue chips and dividend aristocrats because I know they will bounce back.
I've been down plenty before and I just say to myself, give it at least 4-5 months to recover before I make any moves.
I always get back in the green.

 

[humminbird]

You worried about China, Inflation, Covid this time? I really want to hold on my dividend ETFs but ... i'm thinking i could get in lower

I don’t have any Chinese stocks besides sos because I never really trusted China
Inflation doesn’t worry me that much but I’ve never really lived through it before so I’m playing with that by ear
Covid doesn’t scare me because of the vaccine and the fact that there won’t be a mass lockdown like 2020 but I do think there will be multiple scares that will cause stock drops
if the dividend etfs were doing good before this downturn then chances are it will go back up but it really depends on what the etf is about

 

[Rickdogg44]

I don’t have any Chinese stocks besides sos because I never really trusted China
Inflation doesn’t worry me that much but I’ve never really lived through it before so I’m playing with that by ear
Covid doesn’t scare me because of the vaccine and the fact that there won’t be a mass lockdown like 2020 but I do think there will be multiple scares that will cause stock drops
if the dividend etfs were doing good before this downturn then chances are it will go back up but it really depends on what the etf is about

I was refering to the China Evergrande and the Sunshine 100 post a few page back. If china tanks .. gonna bring us down too

 

[winb83]

It was my 2nd year activity investing and the first time I put major money in the market for me like $15000 at the time
I invested in mostly tech stocks
All I remember is that it went red and my portfolio was done like 2000 I didn’t freak out because I was used to small drops like that
Then the next day it was down like 4000 still kept my cool but I told my self I’ll stop looking at it
I come back a week later and I’m down $7000
That’s when I started selling and buying new stocks but every stock I bought just went down too. I decided to cut all my positions in half and just leave it alone
When January came and all the stocks started rising again my portfolio went back up but not to the amount I lost
By March I realized if it held all my stocks I had in the beginning I would’ve been up by like 10k+
It was a good lesson though

If the reason the stock fell isn't because of the actual company itself it's better to hold than sell.

 

[Panther]

Apple keeping me green today on the dolo

 

[humminbird]

If the reason the stock fell isn't because of the actual company itself it's better to hold than sell.

Yeah that’s what I learned
It was an important lesson and what kept me from selling during the 2020 crash

 

[dora_da_destroyer]

It was my 2nd year activity investing and the first time I put major money in the market for me like $15000 at the time
I invested in mostly tech stocks
All I remember is that it went red and my portfolio was done like 2000 I didn’t freak out because I was used to small drops like that
Then the next day it was down like 4000 still kept my cool but I told my self I’ll stop looking at it
I come back a week later and I’m down $7000
That’s when I started selling and buying new stocks but every stock I bought just went down too. I decided to cut all my positions in half and just leave it alone
When January came and all the stocks started rising again my portfolio went back up but not to the amount I lost
By March I realized if it held all my stocks I had in the beginning I would’ve been up by like 10k+
It was a good lesson though

lol, Dec 2018 is when I finally first put real money into the market, I did it because shyt had come down...my only W re: timing the market

Yeah that’s what I learned
It was an important lesson and what kept me from selling during the 2020 crash

hmmm, the biggest lesson i learned is to sell when shyt is high. last year got me investing in too much risky shyt cuz everything was hyperbolic, really wish I would've sold stuff in dec/jan/feb and doubled down on the strong companies/ETFs. now i'm just holding until certain positions become green and gonna sell ASAP - so many lost profits, but I don't want to sell at an actual loss, tho these pennies are certainly an L....

 

[dora_da_destroyer]

the day reversed for me...so far, was down 13-14k, now +$100

 

[humminbird]

lol, Dec 2018 is when I finally first put real money into the market, I did it because shyt had come down...my only W re: timing the market


hmmm, the biggest lesson i learned is to sell when shyt is high. last year got me investing in too much risky shyt cuz everything was hyperbolic, really wish I would've sold stuff in dec/jan/feb and doubled down on the strong companies/ETFs. now i'm just holding until certain positions become green and gonna sell ASAP - so many lost profits, but I don't want to sell at an actual loss, tho these pennies are certainly an L....

That's one thing I'm learning right now
I'm looking at some holdings that were up like 20% last month and thinking I should've at least trimmed