Bluemanc100
Well-Known Member
Yup...
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Depends what you want really. There are some excellent opportunities out there IF you do your research and don’t get too greedy. Sometimes the first profit is the best.Ouch, this time last year markets started to go down mine at 1 point was down to what I invested but I stuck with it and now its more than it was before
I only buy funds though as I feel shares are too risky
Mine was solely down to impatience. I actually chose good stocks, balanced risk, some higher than others but if I’d just let it be and not pulled the trigger then I would have made a lot more.Not great, but could have been worse. I’ve heard some right horror stories off people blowing their whole accounts. Quite often it seems to be those that start of well and think they can replicate it, so do the same thing with higher stakes but with different results.
“The stock market is a device for transferring money from the inpatient to the patient”
No regrets though, just learn and move on
west didsblue
Well-Known Member
- Joined
- 2 Oct 2011
- Messages
- 32,410
Main thing is to spread it around. Keep your eggs in lots of baskets. Different sectors, different geographies, different asset classes. Get some for growth and some for income. You can still get stung but it will rarely be across the board. And you've already learnt the biggest lesson which is to not buy or sell for the short term. Making money out of day trading needs expertise that few people have - certainly not me. As an example I was looking at GSK the other week and topped up on them. They have risen since then, but today there was a RNS about a very promising Covid treatment with good trials results and anyone would have thought there would be a significant share price boost but the opposite happened. No idea why.Mine was solely down to impatience. I actually chose good stocks, balanced risk, some higher than others but if I’d just let it be and not pulled the trigger then I would have made a lot more.
No regrets though, just learn and move on
west didsblue
Well-Known Member
- Joined
- 2 Oct 2011
- Messages
- 32,410
Did they manage to bail out at around $340 or have they held?Yup...
Mine is long term growth for old age , and dont have too much spare timeDepends what you want really. There are some excellent opportunities out there IF you do your research and don’t get too greedy. Sometimes the first profit is the best.
Maybe when my little 1 is older I'll do more on the stocks and house is paid for
Bluemanc100
Well-Known Member
They heldDid they manage to bail out at around $340 or have they held?
I’m heavily invested in Avacta, averaged down to 1.22 but it’s been a rollercoaster. Now at 2.44 and could go much higher if and when they get the testing kit CE marked. Lots of other good parts to their business other than Covid especially Cancer Therapeutics.Main thing is to spread it around. Keep your eggs in lots of baskets. Different sectors, different geographies, different asset classes. Get some for growth and some for income. You can still get stung but it will rarely be across the board. And you've already learnt the biggest lesson which is to not buy or sell for the short term. Making money out of day trading needs expertise that few people have - certainly not me. As an example I was looking at GSK the other week and topped up on them. They have risen since then, but today there was a RNS about a very promising Covid treatment with good trials results and anyone would have thought there would be a significant share price boost but the opposite happened. No idea why.
Not suggesting any investment advice as should always DYOR but it’s been a profitable investment but has taken a lot of ups and downs
Skip Donoghue
Well-Known Member
Well that was a rum old 3 weeks or so for the NASDAQ, I still don't think we are fully out of the woods yet, but it looks like a corner is being turned
Added to my NIO position couldn't help myself when it was in the low $30s, hopefully the rebound will see new highs
GEVO was also a steal in the $5s but used my spare funds on NIO, hopefully the correction is over, but who knows
Added to my NIO position couldn't help myself when it was in the low $30s, hopefully the rebound will see new highs
GEVO was also a steal in the $5s but used my spare funds on NIO, hopefully the correction is over, but who knows
Skip Donoghue
Well-Known Member
Don't expect much today, I've just read that there are 150000 options in Tesla @$700 which will cost the big boys $10bn the Market Makers will ensure the Tesla SP doesn't close above 700
This will affect the whole EV sector as Tesla is the flag bearer in this sector as we know so a falling tide will in this respect drop all boats
And NIO has millions of dollars in calls at $45 so I don't expect NIO to close over $45, next week hopefully we see the march north continue
This will affect the whole EV sector as Tesla is the flag bearer in this sector as we know so a falling tide will in this respect drop all boats
And NIO has millions of dollars in calls at $45 so I don't expect NIO to close over $45, next week hopefully we see the march north continue