- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Tough start to the week!
Posted on 4/2/24 at 9:53 am
Posted on 4/2/24 at 9:53 am
Anybody else's trading/investment portfolio taking a beating the last handful of trading days? Yeeesh!
Not even sure if I want to scoop more shares up at the discounts available. Doesn't seem like the correction period is slowing down until next earnings and rate cut discussions ramp back up.
Do any of ya'll consider taking some profits and then putting those funds into a high yield savings account until the market warms back up?
ETA: i noticed i may have worded my post wrong. i'm not trading options or anything like that. more so just buying and selling individual stocks. have had pretty good success YTD as mentioned in a below reply. the better question asked is what to do when strong gains start to weaken. i know timing the market is an impossible feat. sticking to a game plan might be the best approach and not let wishful thinking get in the way. if my rule is sell at a certain percentage gain, take the gains and on to the next buy and/or sell.
Not even sure if I want to scoop more shares up at the discounts available. Doesn't seem like the correction period is slowing down until next earnings and rate cut discussions ramp back up.
Do any of ya'll consider taking some profits and then putting those funds into a high yield savings account until the market warms back up?
ETA: i noticed i may have worded my post wrong. i'm not trading options or anything like that. more so just buying and selling individual stocks. have had pretty good success YTD as mentioned in a below reply. the better question asked is what to do when strong gains start to weaken. i know timing the market is an impossible feat. sticking to a game plan might be the best approach and not let wishful thinking get in the way. if my rule is sell at a certain percentage gain, take the gains and on to the next buy and/or sell.
This post was edited on 4/2/24 at 1:28 pm
10
Posted on 4/2/24 at 10:43 am to Snoopy04
No offense, but from your post it sounds like you have no business being involved in "trading."
Posted on 4/2/24 at 10:52 am to Snoopy04
Posted on 4/2/24 at 10:58 am to Snoopy04
A pullback is healthy
Posted on 4/2/24 at 11:05 am to Snoopy04
Most traders would have existed positions before a 3 day weekend.
Posted on 4/2/24 at 11:17 am to Snoopy04
Posted on 4/2/24 at 11:55 am to Snoopy04
FFS - dollar cost averaging smooths all this out.
Timing the market is a fool's errand, especially in this environment.
If you don't like volatility, buy dividend stocks (Coca Cola) or bonds.
Timing the market is a fool's errand, especially in this environment.
If you don't like volatility, buy dividend stocks (Coca Cola) or bonds.
Posted on 4/2/24 at 12:16 pm to Snoopy04
quote:
Anybody else's trading portfolio taking a beating the last handful of trading days? Yeeesh!
No. Yesterday was up really well. Today down, but it allowed me to buy back sold calls at 80 plus %.
quote:
Do any of ya'll consider taking some profits and then putting those funds into a high yield savings account until the market warms back up?
I always take profits. I sell calls, make the cash and buy them back for pennies. If it looks like the market might turn, I will take the profit at 25%. Resell on an up day.
Posted on 4/2/24 at 12:24 pm to SloaneRanger
offense not taken. i could have worded my post better i guess. ive actually performed very well this year. up 20% YTD. just hated seeing the dip the last few trading days like i mentioned.
Posted on 4/2/24 at 12:35 pm to Snoopy04
It definitely hurts to watch. I try to forget about it but take peeks every now & then. 
Posted on 4/2/24 at 12:39 pm to Naked Bootleg
It's only a 1.2% red day. What are y'all going to do when we have a 4% red day?
This post was edited on 4/2/24 at 12:41 pm
Posted on 4/2/24 at 12:46 pm to fallguy_1978
quote:Remember that poster xxxtimmyxx or something like that around 2020-2021? He would freak the frick out during premarket hours or if one of his stocks retraced back to the previous week's high. Truly, most individuals should not be buying individual equities except big tech. Watching the market daily or even weekly will mess with a lot of peoples' long term goals.
It's only 1.2% red day. What are y'all going to do when we have a 4% red day?
Admittedly, I was one of them. Now, I just have automatic purchases of VOO and VGT biweekly. I still glance at the market frequently, but I don't get obsessed with it like I use to.
Posted on 4/2/24 at 12:50 pm to Snoopy04
quote:
else's trading portfolio taking a beating the last handful of trading days? Yeeesh!
no why? DO you understand TRADING VERSUS INVESTING?
Posted on 4/2/24 at 12:50 pm to Crescent Connection
I buy some individual stocks but also ETFs and mutual funds.
I do it because I enjoy it. I'm not a trader though. I might sell out of a position and start a new one maybe 3-4 times per year.
I do it because I enjoy it. I'm not a trader though. I might sell out of a position and start a new one maybe 3-4 times per year.
Posted on 4/2/24 at 12:51 pm to fallguy_1978
quote:
I'm not a trader though.
learn. you might like trading commodities. i do.
Posted on 4/2/24 at 12:53 pm to fallguy_1978
quote:
What are y'all going to do when we have a 4% red day?
SMILE, Thank God for the opportunity, and BUY BUY BUY!
Posted on 4/2/24 at 12:59 pm to Snoopy04
quote:Are you asking if I like to sell after a few red days and then buy back in after the market has gone back up?
Do any of ya'll consider taking some profits and then putting those funds into a high yield savings account until the market warms back up?
No. I do not do that.
Posted on 4/2/24 at 1:03 pm to JohnnyKilroy
Days like today have me wondering if mortgage rates are going to stay where they are for the foreseeable future.
Posted on 4/2/24 at 1:15 pm to Snoopy04
The collapse has started!
Posted on 4/2/24 at 6:56 pm to BabyTac
I did my first DCA purchases yesterday into the market for my cash fund.
It’s my fault! Sorry!
It’s my fault! Sorry!
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News