OT: Stock trading | Page 133 | The Boneyard

OT: Stock trading

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It has been a rough few weeks for my portfolio as I'm tech heavy. Probably too tech heavy. Down quite a large amount from my all-time high. A lesson learned for the future.
But you are keeping it real. That is always the most refreshing part of any message board post. We all have been there.
 
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It has been a rough few weeks for my portfolio as I'm tech heavy. Probably too tech heavy. Down quite a large amount from my all-time high. A lesson learned for the future.
I too switched from re-opening to tech way too early after the first big dip and it cost me close to a 1/3 of my profits. However, I've been buying the dips hard and working extra hard swing trading and now getting back close to ATH. The last two days have been helpful and I'm feeling good about my portfolio again.

On a side note, I gave my cousin some tips and he did well with AMC. But now he complains to me every other day about CLOV. Whutdafuq? All these new investors want instant gratification. He went from buying for long hold to 'why doesn't it go up 50% in a week'?
 
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StllH8L8ner

You’ll get nothing and like it!
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It has been a rough few weeks for my portfolio as I'm tech heavy. Probably too tech heavy. Down quite a large amount from my all-time high. A lesson learned for the future.
I've gotten killed in a few names also lately but I'm in them for the long haul so I'm not all that worried. I have a watch list set up for a bunch of stocks that trade under $10-15 and it seems like when one is down 10-20%, they all are.
 
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I too switched from re-opening to tech way too early after the first big dip and it cost me close to a 1/3 of my profits. However, I've been buying the dips hard and working extra hard swing trading and now getting back close to ATH. The last two days have been helpful and I'm feeling good about my portfolio again.

On a side note, I gave my cousin some tips and he did well with AMC. But now he complains to me every other day about CLOV. Whutdafuq? All these new investors want instant gratification. He went from buying for long hold to 'why doesn't it go up 50% in a week'?
Tell him:

Patience Calm Down GIF by Brat TV
 

HuskyHawk

The triumphant return of the Blues Brothers.
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It has been a rough few weeks for my portfolio as I'm tech heavy. Probably too tech heavy. Down quite a large amount from my all-time high. A lesson learned for the future.

hold. hold. hold. That is if you like the fundamentals of the business. If not, get out.

I'm not convinced that we have really seen the amount of long term change that the pandemic accelerated. Too many were looking short term, thinking the tech wins were short lived and would decline post pandemic. I don't think it's true. Sure, some things that are down may come back, like travel. But stuff like e-sports was already poised to grow and become bigger, just because it got a boost doesn't mean that long term trend reverses.

I'm not close enough to retirement yet to forgo the sector that is likely to dominate the economy indefinitely into the future. We are never, ever going to be less digital than we are right now, barring a zombie/nuclear catastrophe.
 
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Oh I'm holding. I just wish I would have pulled the trigger on a few sells when we were riding high and I was considering it.
 
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OT question since the market is closed today:

TDAmeritrade or Think or Swim?

I've had an Ameritrade account for over a decade now. I do 90% of my trading on my laptop, so I don't need an "app". I've been crypto swing trading on several different exchanges for years now, so I'm used to candlestick charts. Is it worth the effort to adjust to TOS, or not really necessary unless you're on your phone? Also, I only trade shares and don't play with options.
 
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OT question since the market is closed today:

TDAmeritrade or Think or Swim?

I've had an Ameritrade account for over a decade now. I do 90% of my trading on my laptop, so I don't need an "app". I've been crypto swing trading on several different exchanges for years now, so I'm used to candlestick charts. Is it worth the effort to adjust to TOS, or not really necessary unless you're on your phone? Also, I only trade shares and don't play with options.
I'm messing around with it right now and what I do really like is that it groups my limit orders per stock. So I don't have to sift through all my open orders. Like with crypto. I think I'll start with having both open and switching tabs.
 
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OT question since the market is closed today:

TDAmeritrade or Think or Swim?

I've had an Ameritrade account for over a decade now. I do 90% of my trading on my laptop, so I don't need an "app". I've been crypto swing trading on several different exchanges for years now, so I'm used to candlestick charts. Is it worth the effort to adjust to TOS, or not really necessary unless you're on your phone? Also, I only trade shares and don't play with options.
Definitely, T or S. If you trade on technicals as opposed to trading on fundamentals then T or S is the way to go. I used Metastock years ago for technical analysis but got rid of it when Ameritrade came out with Think or Swim which puts everything on the same plate. I will say that Metastock’s technical analysis “plate” is the best but it is expensive. Unless you’re a day trader making more than 10 trades a day, stay away from Level 2 market maker window stuff, it’s a waste of money, and may actually cause you to sell when you never should have.
 
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My cryptos are BTC, which I think is a no brainer long term, and Ether. I’m buying and holding for a long time.
 
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Since you're asking. I'm pretty conservative. I always go with a index ETF, and almost always the S&P500. When I see irrational exuberance and I'm "sitting in front of my computer", I'm in a highly leveraged ETF, like TQQQ. But, I have a quick trigger getting out. Normalized times (like now), I'm in SPY. AND always with a trailing stop loss!
 

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