Big League Chew
Footballguy
Out at 19.50Tailed some directors that bought 14 mil in ODT at 17.16. In at 18.60
Out at 19.50Tailed some directors that bought 14 mil in ODT at 17.16. In at 18.60
The answer is probably average in. Buy 25% or so now and fill it in in jan and feb. keep in mind I normally don’t follow my own advice.I want to get in the ark’s. Should I wait until mid January for any signs of a correction ?
That's what I'm doing with ARKG. Added some this week, plan to add a bit more every few weeks weeks over the next few months.The answer is probably average in. Buy 25% or so now and fill it in in jan and feb. keep in mind I normally don’t follow my own advice.
Similar story, same sentiments. CheersAs we close 2020, just want to say thanks to all of you guys in here. This year was my first real foray into the stock market. I've always been a set and forget guy, but I had a chance with a small 401K from a previous job to play around with. I also opened a small brokerage account as well just to do something with excess savings.
I learned some hard lessons this year (CYDY), but those lessons were about when to buy and when to sell and when to be patient. But you guys took a literal noob at this and set me on a positive path going forward.
Now that I've dug out of my poor CYDY buy (inexperience, but a valuable lesson), I'm in the green overall on both accounts and have actually grown the brokerage account about 35%. All thanks to you guys.
So, once again, you are all appreciated. Have a great 2021!
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I literally put a note on my office wall back in April - “panicking is not a strategy”. Helped me a lot when the waters got rough.Been a helluva a year, that's for sure. I lost 50% of my PA value in two week's time back in March. Just paralyzed with all sorts of emotions that overwhelmed me and I just refused to log in to my accounts for fear of what would await me. When I finally did log in, I felt like a person returning to their home to inspect the damage from a hurricane after being forced to evict. It was ugly, there were a TON Of repairs that needed to be done, but not all was lost.
With an hour left in the final trading day of the year, I'm going to finish the year up nearly 100%. Not from the bottom; from the start of 2020. Most of it - but not all - thanks to BEEM, but also being patient, not panicking and just grinding it out every day.
Not many threads on this board are worth a daily click anymore. This is the exception. Best wishes in 2021 all y'all.
I literally put a note on my office wall back in April - “panicking is not a strategy”. Helped me a lot when the waters got rough.
Hopefully everybody had a killer year on stocks and 2021 we can all go out again and spend this money.
2. Learn how to sit tight
After a wild and lengthy rollercoaster ride as a speculator, Livermore believes he has found the secret to his success. It’s obvious he’s excited by this discovery, which he eagerly shares:
“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
“It is no trick at all to be right on the market,” he adds. “I’ve known many [traders] who were right at exactly the right time, and began buying or selling stocks when prices were at the very level that should show the greatest profit. And their experience invariably matched mine; that is, they made no real money out of it. [Traders] who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make the big money.”
I’ll pick that up. GreatA book that I highly recommend to all of us: Reminiscences of a Stock Operator by Edwin LeFevre (a book about Jesse Livermore)
One of the lessons:
Warrants Explained For Beginners | How Do Spac Warrants Work? How do you exercise / redeem warrants?
https://www.youtube.com/watch?v=wTsMD12Cevc
Pretty much nailed the rebound on IMMR here.Order filled at $10.80![]()
If I remember, I'll look for mine. Happy to send. It's a timeless classic.I’ll pick that up. Great
So, so, happy to read this.Been a helluva a year, that's for sure. I lost 50% of my PA value in two week's time back in March. Just paralyzed with all sorts of emotions that overwhelmed me and I just refused to log in to my accounts for fear of what would await me. When I finally did log in, I felt like a person returning to their home to inspect the damage from a hurricane after being forced to evict. It was ugly, there were a TON Of repairs that needed to be done, but not all was lost.
With an hour left in the final trading day of the year, I'm going to finish the year up nearly 100%. Not from the bottom; from the start of 2020. Most of it - but not all - thanks to BEEM, but also being patient, not panicking and just grinding it out every day.
Not many threads on this board are worth a daily click anymore. This is the exception. Best wishes in 2021 all y'all.
Absolutely.If I remember, I'll look for mine. Happy to send. It's a timeless classic.
Don’t feel too bad, I don’t think people doubling up on the year is the norm (at least I hope not or I’ll feel extra horribleI love and appreciate this thread too, but I think I learned the opposite lesson from the rest of the newbs: I should just set it and forget it!
I spent a lot of time reading the thread and articles, but was only up 16% for the year, and 41% from the year low. Pretty much exactly what the S+P did, and the S+P didn't obsessively check how it was doing six times a day. Edited to add : actually, the S+P rose 70% from it's low, so I badly underperformed the market.![]()
I bought late and sold early on every good idea you guys had!
I'll probably stick with it because I enjoy the rush, but this is apparently not my thing.
I added more when it dropped. Gotta lower my cost basis, every $.01 counts!Tailed you guys on TRUFF![]()
Happy Birthday good buddy! Have a great year and keep up the Bezos jokes. I enjoy them.Would have been a Green Day. I guess Bezos couldn’t be bothered to make three decisions today.
Absolutely correct. I can’t remember how many times I mentioned stocks I owned (long term ones not speculative) that went up 10%+ in a day and I had a few that went up 40%. No way to time that perfectly. I was worried in March, but I didn’t panic. If I sold anything it was reinvested into another stock. I remember a lot of folks really panicking and jumping out and unfortunately, you don’t see them in here which makes you think they didn’t get back in and that’s tough. I’m fairly certain I won’t have another 100%+ net worth jump again, but this year was a game changer. Like having a 7 year 10% return run in one year.I literally put a note on my office wall back in April - “panicking is not a strategy”. Helped me a lot when the waters got rough.
Hopefully everybody had a killer year on stocks and 2021 we can all go out again and spend this money.
My plan for 2021 is to just buy what you buy.Absolutely correct. I can’t remember how many times I mentioned stocks I owned (long term ones not speculative) that went up 10%+ in a day and I had a few that went up 40%. No way to time that perfectly. I was worried in March, but I didn’t panic. If I sold anything it was reinvested into another stock. I remember a lot of folks really panicking and jumping out and unfortunately, you don’t see them in here which makes you think they didn’t get back in and that’s tough. I’m fairly certain I won’t have another 100%+ net worth jump again, but this year was a game changer. Like having a 7 year 10% return run in one year.
Lol. Wouldn’t shock me if I don’t do anywhere close to as well! Definitely looking now at a 5 year plan after having a great 2020 (investing wise). Honestly not going to worry as much about 2021 returns as much as making sure set for the 5 year run. That said I’m sure I’ll be checking daily.My plan for 2021 is to just buy what you buy.
Up 98% in my trading account (my Roth, so no taxes!) for the year. Thanks to all FBG with a special shoutout to chet. Happy New Year, everyone.So, so, happy to read this.
Happy Birthday good buddy! Have a great year and keep up the Bezos jokes. I enjoy them.
I assume you got that from Facebook where I'm using a bogus birthday. Just trying to mess with the good folks at google.
Nope...just "special"And here I thought you were one of those special New Year babies.![]()
Thanks for posting!For the Bitcoin rally I’m long $HUT which is a Canadian miner. https://t.co/opnDVO91L5
Not listed in the US (yet) but trading quite a bit behind competitors.
Nothing - $HUTMF is the over the counter ticker here in the US (so is what I own).Thanks for posting!
what is the the difference between HUT and HUTMF?
Is that when the run off in Georgia is? If so, big impact. If the Democrats get control of the Senate the market won’t like that at all. Gridlock is best.Thoughts about Jan 20th and the influence on the market?
That happened about 6 weeks ago. Market already knows Biden is the president. Can’t see 1/20 mattering at all.Thoughts about Jan 20th and the influence on the market?
Georgia senate race more significantThoughts about Jan 20th and the influence on the market?
Anyone with some free time on their hands - would be awesome to figure out the % gain on todem's master list since 3/27 - assuming you bought equal parts of each - my guess is it has beaten the S&P by at least 5 points.Yes....CCL is on my hit list and the only airline I will dip into is DAL.
For everyone. This is my master buy list for next week and no surprises here except a few I have not listed yet. I wanted to research them a lot harder.
AMZN
AAPL
GOOGL
NFLX
FB
INTC
HD
CSCO
EXC
LMT
MSFT
PFE
PG
TGT
CAT
PM
MCD
YUM
DOW
BRK'B
DEO
GIS
JPM
PFE
UTX
EMR
VZ
T
GCV
PEO
ADX
Here are some high fliers we will take positions in:
NXPI
CYBR
Here is the stressed travel, leisure and gambling casino/paramutual stocks we are going in on:
GLPI - Already have a 50% position going all in next Re-Test
WYNN
DAL
CCL
CHDN
FUN
Already fully in:
BA - at the freaking lows baby.
Let’s do this!!!! I expect next week to be a blood bath Re-Test.
He really nailed it, I made it good amount on BA and continued adding AAPL and AMZN as well. Should have followed on more.Anyone with some free time on their hands - would be awesome to figure out the % gain on todem's master list since 3/27 - assuming you bought equal parts of each - my guess is it has beaten the S&P by at least 5 points.
I still own many of these - one of the best surprises has been GCV - I'm up 37% in share value since I bought it in mid-April, and on top of that, it pays an 8% dividend - 8 PERCENT! (to be shouted to the tune of "A MINUS 8" - the cranky book publisher board member from Elf). Owning this in my IRA has been a godsend - reinvesting those sweet 8% quarterly dividends.
Just being invested and/or putting cash into stocks was a great move in March. Most of the tech type stocks we mentioned in here were up even more. My IRA is my biggest account by a lot and it's the easiest to check returns on since my taxable accounts have had investments/payments. It's up 191% since the March bottom, which for me was 3/16-3/18.Anyone with some free time on their hands - would be awesome to figure out the % gain on todem's master list since 3/27 - assuming you bought equal parts of each - my guess is it has beaten the S&P by at least 5 points.
I still own many of these - one of the best surprises has been GCV - I'm up 37% in share value since I bought it in mid-April, and on top of that, it pays an 8% dividend - 8 PERCENT! (to be shouted to the tune of "A MINUS 8" - the cranky book publisher board member from Elf). Owning this in my IRA has been a godsend - reinvesting those sweet 8% quarterly dividends.