Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Reload this Page Money Investing megathread extravaganza
Register FAQDonate Members List Calendar

Reply
Page 482 of 941 « First 382432472478479480481 482 483484485486492532582 Last »
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $146899
Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,519
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 12:19 PM   #7216
Hammock Parties Hammock Parties is offline
I'll be back.
 
Hammock Parties's Avatar
 

Join Date: Nov 2002
Casino cash: $2830478
SOME of it is good advice.

I, too, never invest more than a fraction of my account value in a single stock.

However the 10% stop loss thing is just plain being scared and you're potentially missing out on huge gains when you do that.

When I bought IBIO on 6/5/2020 I paid 1.55 a share.

On 6/8 it fell to 1.38, which would have triggered lew's 10% stop loss.

On 7/20 it hit 7.23 and I sold for YUGE profits.

It depends on the stock I suppose but 10% stop loss? GTFO
__________________
Chiefs game films
Posts: 288,137
Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 12:23 PM   #7217
Hammock Parties Hammock Parties is offline
I'll be back.
 
Hammock Parties's Avatar
 

Join Date: Nov 2002
Casino cash: $2830478
Here's another one for you: CDEV

Bought on 5/27/2020 at 1.16 a share.

bae tanked to 75 cents a share on 7/10

stop loss my ass because i sold at 2.98 two weeks ago
__________________
Chiefs game films
Posts: 288,137
Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 12:24 PM   #7218
KCUnited KCUnited is offline
Cheat Death
 
KCUnited's Avatar
 

Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $408244
I stop loss after a profound run up and that's so I can buy back in after the inevitable pull back dips further than the stop loss. Ride the next run up. Rinse, repeat

But I barely know what I'm doing so YMMV
Posts: 35,465
KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 12:34 PM   #7219
Buckweath Buckweath is offline
Veteran
 
Buckweath's Avatar
 

Join Date: Jun 2011
Location: Quebec, Canada
Casino cash: $9994975
Totally disagree with the 10% stop loss advice.

As always, one has to diversify. Stop loss can make sense for more risky stocks but 10% is not enough.

I personally rarely use stop loss but for the most part I stay away from small cap stocks.

That's my opinion.
Posts: 2,393
Buckweath < Tried to steal Andy's chili fries.Buckweath < Tried to steal Andy's chili fries.Buckweath < Tried to steal Andy's chili fries.Buckweath < Tried to steal Andy's chili fries.Buckweath < Tried to steal Andy's chili fries.Buckweath < Tried to steal Andy's chili fries.Buckweath < Tried to steal Andy's chili fries.Buckweath < Tried to steal Andy's chili fries.Buckweath < Tried to steal Andy's chili fries.
     Reply With Quote
Old 02-13-2021, 01:01 PM   #7220
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
Quote:
Originally Posted by -King- View Post
Regarding your 10% rule. I do agree with you but what if you were early on a stock that blew up. For example, I was earlyish on Tesla and bought a bunch in the 75-200 range pre split. For that reason it's well over 10% of my total account value. Would you say that's the exception to your rule or would you try to diversify away from it and lower the percentage?
It about entering a trade with no more than 10% of your account, not about how much that stocks gains and results in it being more than 10% of your account value.
Posts: 46,135
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 01:04 PM   #7221
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
Quote:
Originally Posted by Hammock Parties View Post
SOME of it is good advice.

I, too, never invest more than a fraction of my account value in a single stock.

However the 10% stop loss thing is just plain being scared and you're potentially missing out on huge gains when you do that.

When I bought IBIO on 6/5/2020 I paid 1.55 a share.

On 6/8 it fell to 1.38, which would have triggered lew's 10% stop loss.

On 7/20 it hit 7.23 and I sold for YUGE profits.

It depends on the stock I suppose but 10% stop loss? GTFO
Real traders, in real markets aren’t messing with large percentages of their account value and shit penny stocks.

IBIO also went below $1 after its summer run up. Plenty of bag holders still in it.

It will bite you one day.
Posts: 46,135
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 01:10 PM   #7222
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
Quote:
Originally Posted by KCUnited View Post
I stop loss after a profound run up and that's so I can buy back in after the inevitable pull back dips further than the stop loss. Ride the next run up. Rinse, repeat

But I barely know what I'm doing so YMMV
At some point you won’t be trading in a bullish market and buying back in on a dip could result in your capital being tied up in a losing position (no stop loss on entry) for a long time if it doesn’t pivot and reverse trend. That’s where reading charts and technical analysis can make it at least better than guessing.
Posts: 46,135
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 01:11 PM   #7223
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
Clay, can you provide any examples of stocks over $10?

How long did you stay in IQ, what was the loss?

Also you realize getting stopped out doesn’t mean you can’t re-enter later? You’re acting like these $1-2 stocks that went south after you bought them had 100% certainty to go back up. That’s not always the case. The chart could tell you later if it makes a strong pivot and should be bought back in.
Posts: 46,135
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 01:12 PM   #7224
Hammock Parties Hammock Parties is offline
I'll be back.
 
Hammock Parties's Avatar
 

Join Date: Nov 2002
Casino cash: $2830478
Quote:
Originally Posted by lewdog View Post
Real traders, in real markets aren’t messing with large percentages of their account value and shit penny stocks.
__________________
Chiefs game films
Posts: 288,137
Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 01:13 PM   #7225
KCUnited KCUnited is offline
Cheat Death
 
KCUnited's Avatar
 

Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $408244
Quote:
Originally Posted by lewdog View Post
At some point you won’t be trading in a bullish market and buying back in on a dip could result in your capital being tied up in a losing position (no stop loss on entry) for a long time if it doesn’t pivot and reverse trend. That’s where reading charts and technical analysis can make it at least better than guessing.
Agreed on chart reading and finding bullish opportunities in a bear market
Posts: 35,465
KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 01:17 PM   #7226
Hammock Parties Hammock Parties is offline
I'll be back.
 
Hammock Parties's Avatar
 

Join Date: Nov 2002
Casino cash: $2830478
Quote:
Originally Posted by lewdog View Post
Clay, can you provide any examples of stocks over $10?
This year I've traded CCIV, VTIQ/NKLA, VIAC and SPY all well above $15.

Stop lecturing me.

__________________
Chiefs game films
Posts: 288,137
Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 01:24 PM   #7227
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $51900
Quote:
Originally Posted by Hammock Parties View Post
This year I've traded CCIV, VTIQ/NKLA, VIAC and SPY all well above $15.

Stop lecturing me.
If stocks you’re entering are falling significantly after your purchase, your technical entry sucks.

Also, just trying to provide useful capital risk management suggestions in a thread that feels like Reddit.

Xoxo
Lewdog
Posts: 46,135
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 01:28 PM   #7228
Hammock Parties Hammock Parties is offline
I'll be back.
 
Hammock Parties's Avatar
 

Join Date: Nov 2002
Casino cash: $2830478
Quote:
Originally Posted by lewdog View Post
If stocks you’re entering are falling significantly after your purchase, your technical entry sucks.
Thanks, dad.
__________________
Chiefs game films
Posts: 288,137
Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
 Thumbs Up 0 Thumbs Down 1     Reply With Quote
Old 02-13-2021, 01:31 PM   #7229
-King- -King- is offline
▓▓▒▒▒▒▒▒▒▒▒▒▒▒▓▓
 
-King-'s Avatar
 

Join Date: Jan 2009
Casino cash: $605743
Quote:
Originally Posted by lewdog View Post
It about entering a trade with no more than 10% of your account, not about how much that stocks gains and results in it being more than 10% of your account value.
Gotcha.
Posts: 64,445
-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.-King- is obviously part of the inner Circle.
     Reply With Quote
Old 02-13-2021, 01:41 PM   #7230
KCUnited KCUnited is offline
Cheat Death
 
KCUnited's Avatar
 

Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $408244
So after maxing out a 401K, IRA, HSA, and having a 6 month emergency fund, would the minimum goal of investing all other funds be to simply gain more than your mortgage interest rate?

Assuming you're free of all other debts
Posts: 35,465
KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.KCUnited is obviously part of the inner Circle.
     Reply With Quote
Reply
Page 482 of 941 « First 382432472478479480481 482 483484485486492532582 Last »

« Previous Thread | > Nzoner's Game Room < | Next Thread »

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump




All times are GMT -6. The time now is 05:50 AM.

Contact Us - ChiefsPlanet - Archive - Top

This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Advertise with us!
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.