OT: Stock trading | Page 111 | The Boneyard

OT: Stock trading

Slasher said:
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.
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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.
 
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.
 
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.
 
Jay-Bone said:
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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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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Jay-Bone said:
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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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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the beastmaster GIF
 
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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Dogdeacon said:
Are stonks & thus this thread dead?
A slow decline now a big dip in SENS - any of its faithful have deets on why?
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Every Tom, Dick & Harry have now tasted what a pump is, and hence have moved on to crypto, haha.
 
Dogdeacon said:
Are stonks & thus this thread dead?
A slow decline now a big dip in SENS - any of its faithful have deets on why?
Expand ...
Stock market has been garbage this year. Hedge funds still haven’t delivered shares due to shorting stocks like GME, AMC, BB, etc.

There’s like 500 million shares that need to be purchased on AMC. They’re currently trying to drive the price down so when they buy back their shares it’s at less of a loss.
 
Jay-Bone said:
Every Tom, Dick & Harry have now tasted what a pump is, and hence have moved on to crypto, haha.
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I’m guessing and hoping crypto has a year this year like stocks did in 2020. More retail investors are buying crypto, ETFs are being created and the COIN direct listing this week should help bring even more exposure. I love most of my stocks longterm but am more excited by my crypto portfolio right now.
 
Dogdeacon said:
Are stonks & thus this thread dead?
A slow decline now a big dip in SENS - any of its faithful have deets on why?
Expand ...

I've been doing well of late. Even today I'm about break even. As I said a few weeks back, I'm currently sitting it wait and see mode. There is almost nothing compelling me to sell this or buy that. The only thing I'm trying to do is find more productive, but very safe uses for cash.
 
HuskyHawk said:
I've been doing well of late. Even today I'm about break even. As I said a few weeks back, I'm currently sitting it wait and see mode. There is almost nothing compelling me to sell this or buy that. The only thing I'm trying to do is find more productive, but very safe uses for cash.
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pro tip: stonks, bonds, commodities, and forex. those last three count, too. here, have a freebie, up only like 33% since new years day, and up a gazillion percent since last year. and to think that some of youse make fun of us slack-jawed loggers...
Lumber | 1978-2021 Data | 2022-2023 Forecast | Price | Quote | Chart | Historical (tradingeconomics.com)
 
I got in Carnival this past summer. Up 90% since I bought. :). I tried the nokia bet. Lost 25%. Stupid.
 
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CTBasketball said:
Stock market has been garbage this year. Hedge funds still haven’t delivered shares due to shorting stocks like GME, AMC, BB, etc. There’s like 500 million shares that need to be purchased on AMC. They’re currently trying to drive the price down so when they buy back their shares it’s at less of a loss.
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Clearly, GME, AMC, BB, etc are aberrations unreflective of broadly diverse, global stock markets. Similarly,, many a WFA which unreasonably spiked last year, and a few too many hyper-aggressive SPACs do not reflect the entire "stock market".

As others belatedly started buying financials, materials, industrials, semis, select transportations, non-SARS-2 medical equipment, some emerging markets (e.g., VN, IN; less so mainland so far), lg cap value, initially small caps and more mid caps now, the "stock market" has been far from garbage for others. On the contrary, pretty darn good. Timing, selection, breadth of "stock market" perspective and exposure matter.
 
Da_Aisijimo_Gou said:
Clearly, GME, AMC, BB, etc are aberrations unreflective of broadly diverse, global stock markets. Similarly,, many a WFA which unreasonably spiked last year, and a few too many hyper-aggressive SPACs do not reflect the entire "stock market".

As others belatedly started buying financials, materials, industrials, semis, select transportations, non-SARS-2 medical equipment, some emerging markets (e.g., VN, IN; less so mainland so far), lg cap value, initially small caps and more mid caps now, the "stock market" has been far from garbage for others. On the contrary, pretty darn good. Timing, selection, breadth of "stock market" perspective and exposure matter.
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More likely it has been "garbage" for day traders and not for investors. NVDA did me a solid today, up 5.62%, but that's because I've been holding it through the down times as well.
 
BCTX what is holding this back? Positive news everywhere, just the market forces of the day?
 
Dogdeacon said:
Are stonks & thus this thread dead?
A slow decline now a big dip in SENS - any of its faithful have deets on why?
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I finally bought into SENS. My plan is to sell covered calls against my shares for May and June. To risky for July. I am a Type1. August is what I am projecting for FDA approval on the 180 day Eversense CGM. It could happen sooner. I bought when the company locked employees into a $2.58 compensation related purchase price over the course of several years. Also key insiders are now locked in @ $2.58. These indicators are VERY bullish long term.

The short interest and a few other things are causing the dip and downward pressure. I wear Dexcom G6 but believe SENS will take a solid part of the market share in the next several years. I am hoping it continues to pull back to $1.90 where the whales are already loaded up.
 
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HuskyHawk said:
NVDA did me a solid today, up 5.62%, but that's because I've been holding it through the down times as well.
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Likewise, yet I bought NVDA as a LT hold near 2020 lows on April Fool's Day 2020. Up again today, but 2 years is a long time until NVDA's newly promised ARM chips are projected to hit the market. Consequently, yesterday's 5% AMD dip and Lisa Su's leadership prompted adding more AMD for LT hold.
 
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