Duodenum Posted December 21, 2020 Share Posted December 21, 2020 1 hour ago, NucksPatsFan said: What a day. I mean, what a half day. Made 3 months pay in unrealized gains. Took profits but keeping free shares and free call options in some. Big trims (both commons and options) - FUBO, PIC, TTCF, NNDM, EMAN I really wish I hadn't missed out on FUBO, I had it in my sights but didn't pull the trigger back when it was $11. O well, win some and lose some. Maybe CURI will be next in the digital streaming space. Link to comment Share on other sites More sharing options...
Boudrias Posted December 21, 2020 Share Posted December 21, 2020 2 hours ago, Down by the River said: What am I missing/does anyone have a favorite? Bogle and Graham are great. Technical Analysis is the equivalent of some guy in skins shaking a bunch of bones out a skull. That's my read and I'm sticking to it. 2 Link to comment Share on other sites More sharing options...
Boudrias Posted December 21, 2020 Share Posted December 21, 2020 2 hours ago, NewbieCanuckFan said: There’s a reason why many used to call it the Vancouver Suckers Exchange. I too learned the motto “You’re either a shark or a sucker” the hard way. But isn’t that life though? Dealing with whatever adversity that comes your way? (Though in my case it was more like greed taking over common sense). Youthful exuberance hopefully morphs into more reserved retrospection. Might not have made much money but those were great days. 1 Link to comment Share on other sites More sharing options...
Down by the River Posted December 21, 2020 Share Posted December 21, 2020 2 minutes ago, Boudrias said: Bogle and Graham are great. Technical Analysis is the equivalent of some guy in skins shaking a bunch of bones out a skull. That's my read and I'm sticking to it. I haven't read it yet, so can't comment... I like the ones that are more about the psychology of investing/speculating given that markets can change but adults' temperaments are fairly stable over time/contexts. Link to comment Share on other sites More sharing options...
Boudrias Posted December 21, 2020 Share Posted December 21, 2020 3 minutes ago, Down by the River said: I haven't read it yet, so can't comment... I like the ones that are more about the psychology of investing/speculating given that markets can change but adults' temperaments are fairly stable over time/contexts. I think you really hit on something there. The psychology involved in investing probably impacts results more than anything else. Confirmation bias. I am a fundamental investor but the reality is that numbers are usually to old and as a retail investor I have no real knowledge of what is happening in a particular company. I have read a number of Bogle's books and found them very relevant. I use index funds for part of my portfolio. I am long on a number of stocks to the point that taxes would kill me if I sold them. A good excuse to do nothing. Graham was a value guy. Always liked the idea that you bought a stock to hold it forever. Most investors who bought and held did just fine. 1 Link to comment Share on other sites More sharing options...
nuckin_futz Posted December 21, 2020 Share Posted December 21, 2020 (edited) 59 minutes ago, Boudrias said: Bogle and Graham are great. Technical Analysis is the equivalent of some guy in skins shaking a bunch of bones out a skull. That's my read and I'm sticking to it. 43 minutes ago, Boudrias said: I think you really hit on something there. The psychology involved in investing probably impacts results more than anything else. Confirmation bias. I am a fundamental investor but the reality is that numbers are usually to old and as a retail investor I have no real knowledge of what is happening in a particular company. I have read a number of Bogle's books and found them very relevant. I use index funds for part of my portfolio. I am long on a number of stocks to the point that taxes would kill me if I sold them. A good excuse to do nothing. Graham was a value guy. Always liked the idea that you bought a stock to hold it forever. Most investors who bought and held did just fine. I am a big fan of technical analysis. If you are a believer in market psychology. The market's psychology is on full display in the charts. And people repeat their same behaviors over and over. Of course you have to keep it fairly simple. Price, volume, a few moving averages, trend lines. No clutter like RSI, MACD, Bollinger bands, Ichimoku clouds (whatever the Hell that is). My favorite chart pattern. 55 minutes ago, Down by the River said: I haven't read it yet, so can't comment... I like the ones that are more about the psychology of investing/speculating given that markets can change but adults' temperaments are fairly stable over time/contexts. Mark Douglas has another book you may be interested in. It's called "The Disciplined Trader". It's a lot like "Trading In The Zone" but different enough to get people to buy it. Both are a little dry but well worth it if you are serious about figuring out why you make the decisions you do. Edited December 21, 2020 by nuckin_futz 2 Link to comment Share on other sites More sharing options...
CBH1926 Posted December 21, 2020 Share Posted December 21, 2020 Started off rough but thanks to Palantir ended up being very satisfactory day. 1 Link to comment Share on other sites More sharing options...
Lancaster Posted December 22, 2020 Share Posted December 22, 2020 What I hate most about trading.... deciding when to cash out. Much easier to preach to others what one ought to do, harder to actually take your own advice, lol. 1 Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted December 22, 2020 Share Posted December 22, 2020 21 minutes ago, Lancaster said: What I hate most about trading.... deciding when to cash out. Much easier to preach to others what one ought to do, harder to actually take your own advice, lol. This. I had a lot of big gainers today, I probably should have cashed some out but by the same token they are companies that I believe in long term so my tendency is to hold. Link to comment Share on other sites More sharing options...
AriGold2.0 Posted December 22, 2020 Share Posted December 22, 2020 BABA is looking ready to go next leg up. Should bounce here off support for a ride until Feb 2021 earnings call. Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted December 22, 2020 Share Posted December 22, 2020 28 minutes ago, AriGold2.0 said: BABA is looking ready to go next leg up. Should bounce here off support for a ride until Feb 2021 earnings call. You trying to steal my ideas? On 12/20/2020 at 7:16 PM, I.Am.Ironman said: What are people's thoughts on Alibaba (BABA)? It hasn't recovered since the ANT IPO fiasco but the decline has slowed and is starting to flatten around 260. Link to comment Share on other sites More sharing options...
AriGold2.0 Posted December 22, 2020 Share Posted December 22, 2020 (edited) 7 hours ago, I.Am.Ironman said: You trying to steal my ideas? You asked for thoughts, I just didn’t quote you. I just snagged 50 shares. Edited December 22, 2020 by AriGold2.0 1 Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted December 22, 2020 Share Posted December 22, 2020 1 hour ago, AriGold2.0 said: You asked for thoughts, I just didn’t quote you. I just snagged 50 shares. I picked some up today to. I'll nibble away at it I think. I have some re balancing to do over the holidays Link to comment Share on other sites More sharing options...
Duodenum Posted December 22, 2020 Share Posted December 22, 2020 THCB back up to 17 Link to comment Share on other sites More sharing options...
24K PureCool Posted December 22, 2020 Share Posted December 22, 2020 Man Quantum Scape's price is ridiculous right now. Makes completely no sense that is is $120 with no viable product. Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted December 22, 2020 Share Posted December 22, 2020 34 minutes ago, 24K PureCool said: Man Quantum Scape's price is ridiculous right now. Makes completely no sense that is is $120 with no viable product. Ridiculous.. I mean I love a good EV play but they aren't expecting to start production of a product for 5-6 years I think. So strange. Link to comment Share on other sites More sharing options...
CBH1926 Posted December 22, 2020 Share Posted December 22, 2020 PLTR with a nice dip, anytime it drops 5% I add more, same goes with FANG GILD is around 52 week low, time to buy imo. All those that bought Tesla in 600 plus range are sweating bullets. Link to comment Share on other sites More sharing options...
AriGold2.0 Posted December 22, 2020 Share Posted December 22, 2020 Anybody else SURFing with me ?! What a shot today 2 Link to comment Share on other sites More sharing options...
inane Posted December 22, 2020 Share Posted December 22, 2020 40 minutes ago, AriGold2.0 said: Anybody else SURFing with me ?! What a shot today No but sitting on ALT... Link to comment Share on other sites More sharing options...
skolozsy2 Posted December 22, 2020 Share Posted December 22, 2020 42 minutes ago, AriGold2.0 said: Anybody else SURFing with me ?! What a shot today Indeed. That Cathie Wood sure knows what she's doing. Link to comment Share on other sites More sharing options...
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