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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 07-21-2021, 02:14 PM   #10726
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I'm waiting for 5 digits before selling
Hopefully they're all on the left side of the decimal point for you.
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Old 07-21-2021, 02:35 PM   #10727
lewdog lewdog is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Dow up 500 yesterday and 250 today so far, trying to time the market is not a good strategy.
And in trading I jumped back in with numerous positions on momentum, all 2-3% risk with stops. It’s called using rules and having a plan!
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Old 07-21-2021, 02:56 PM   #10728
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Been holding a heavy bag on VYGVF but it's having a good day. Seems to be tied to Bitcoin which is stupid. It's the most profitable company in the OTC market.
Bag holding is for those who have no plan, just going off hope!
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Old 07-21-2021, 04:23 PM   #10729
MTG#10 MTG#10 is offline
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Quote:
Originally Posted by lewdog View Post
Bag holding is for those who have no plan, just going off hope!
So you never hold stocks even under what you paid for them because you feel they'll be worth a lot more in the future? I'm glad I didn't have that mindset when I bought during the market tank last year.
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Old 07-21-2021, 04:27 PM   #10730
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Originally Posted by MTG#10 View Post
So you never hold stocks even under what you paid for them because you feel they'll be worth a lot more in the future? I'm glad I didn't have that mindset when I bought during the market tank last year.
Of course not. I’m giving Hog shit because he tried calling me out for going 100% cash last week in my trading account. There’s no need to bag hold in trading. Protecting capital is #1 so you can trade with momentum.

In more passive accounts I’ll absolutely add to positions and ride them down quite a bit more without selling.

It’s ok to treat different accounts…..differently.
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Old 07-21-2021, 04:58 PM   #10731
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by lewdog View Post
Of course not. I’m giving Hog shit because he tried calling me out for going 100% cash last week in my trading account. There’s no need to bag hold in trading. Protecting capital is #1 so you can trade with momentum.

In more passive accounts I’ll absolutely add to positions and ride them down quite a bit more without selling.

It’s ok to treat different accounts…..differently.



Thats what I do. I have VYGVF in my Bag Holding account.
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Old 07-21-2021, 05:07 PM   #10732
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Right now both of my portfolios are bag holder accounts. Oddly enough AMC is the only thing I'm green on at the moment. Not worried though.
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Old 07-21-2021, 05:08 PM   #10733
lewdog lewdog is offline
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Quote:
Originally Posted by MTG#10 View Post
Right now both of my portfolios are bag holder accounts. Oddly enough AMC is the only thing I'm green on at the moment. Not worried though.
Damn dude. What are some heavy down positions you have?
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Old 07-21-2021, 05:31 PM   #10734
MTG#10 MTG#10 is offline
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Quote:
Originally Posted by lewdog View Post
Damn dude. What are some heavy down positions you have?
TLRY, UWMC, MMAT and COIN. That's all I am in at the moment besides AMC, and none are down more than 15%. All companies I believe in and have no doubt I'll make bank on them eventually.
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Old 07-21-2021, 06:33 PM   #10735
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2 Grand Slam days in a row with 95% of my positions in the Green.

Can we finish the week strong?
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Old 07-22-2021, 09:13 AM   #10736
MTG#10 MTG#10 is offline
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Originally Posted by Halfcan View Post
2 Grand Slam days in a row with 95% of my positions in the Green.

Can we finish the week strong?
Nope
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Old 07-22-2021, 10:23 AM   #10737
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Quote:
Originally Posted by MTG#10 View Post
TLRY, UWMC, MMAT and COIN. That's all I am in at the moment besides AMC, and none are down more than 15%. All companies I believe in and have no doubt I'll make bank on them eventually.
You seem to be heavily into the MOMO stocks. Would recommend tight pattern based stops. I've had good success with this when I am disciplined about it.
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banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.
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Old 07-22-2021, 10:25 AM   #10738
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Bought some DPZ puts. this move is just silly.
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banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.banyon has enough rep power to blowy ou to bits.
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Old 07-22-2021, 10:26 AM   #10739
scho63 scho63 is offline
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Quote:
Originally Posted by lewdog View Post
Of course not. I’m giving Hog shit because he tried calling me out for going 100% cash last week in my trading account. There’s no need to bag hold in trading. Protecting capital is #1 so you can trade with momentum.

In more passive accounts I’ll absolutely add to positions and ride them down quite a bit more without selling.

It’s ok to treat different accounts…..differently.
Excellent post!
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Old 07-22-2021, 10:27 AM   #10740
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Lewdog, how did you wind up with APPL? Still holding any? Had a great run from $125
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