Trading the stockmarket (NO Referrals)

I'm concerned. I panicked a couple of weeks ago thinking a huge crash was coming, and sold a load of fund positions. Then I re-invested, more in US tech stocks, and they are still creeping up. Nvda is doing well (+8.9% up in 2 weeks).

But I still feel something terrible and hard is round the corner, what does everyone else feel?
 
caff said:
I'm concerned. I panicked a couple of weeks ago thinking a huge crash was coming, and sold a load of fund positions. Then I re-invested, more in US tech stocks, and they are still creeping up. Nvda is doing well (+8.9% up in 2 weeks).

But I still feel something terrible and hard is round the corner, what does everyone else feel?
Click to expand...

If you are up and are concerned but don't want to sell, just set relatively tight negative stop losses i.e So you still take some profit should they drop below your set level. If there is a freak dip one afternoon, your positions will close, but you will still be up, and since you think something bad is around the corner, you won't be too concerned.

I'm 22% up on both apple and nvidia at the moment. I've set my stops relatively tight to so I'll still take 10% on each. The biggest problem comes when after hours trading drives the price down and market opens down instantly. Then I suppose it all depends on where your order is in the queue, and it's always going to be behind the big institutions.
 
caff said:
I'm concerned. I panicked a couple of weeks ago thinking a huge crash was coming, and sold a load of fund positions. Then I re-invested, more in US tech stocks, and they are still creeping up. Nvda is doing well (+8.9% up in 2 weeks).

But I still feel something terrible and hard is round the corner, what does everyone else feel?
Click to expand...

If you panicked, you should not be investing again so soon. Successful investors know that investing is a long-term commitment. (very different from trading)

I always use a good example quote from many years ago that I read - "We feel the pain of losing what we already have more than we feel pleasure in gains. If acted upon, this natural aversion to loss causes the greatest detriment to investors."
 
Cheers both. Maybe saying I'm panicked was an overreaction - it's not like "OMG if it drops I've lost everything", but more like "I don't want to lose money vs. a boring savings rate".

@englishpremier any ideas how I setup a stop loss on Hargreaves Lansdown? It's not obvious to me.
 
You can't do it on foreign shares on HL. At least I've never seen a way to do. You can't even create alerts for foreign stocks.

For UK stocks, click on deal now, then you will see a sub tab called "stop losses and limit orders"
 
englishpremier said:
You can't do it on foreign shares on HL. At least I've never seen a way to do. You can't even create alerts for foreign stocks.

For UK stocks, click on deal now, then you will see a sub tab called "stop losses and limit orders"
Click to expand...

It's a bit rubbish that the larger platforms don't allow this as is having to convert back to and from £ each sale and buy. They're as bad as the high street banks - no progression.

caff said:
I'm concerned. I panicked a couple of weeks ago thinking a huge crash was coming, and sold a load of fund positions. Then I re-invested, more in US tech stocks, and they are still creeping up. Nvda is doing well (+8.9% up in 2 weeks).

But I still feel something terrible and hard is round the corner, what does everyone else feel?
Click to expand...

I've fought my bearish stance since March, buying back then expecting further drops but knew there was a chance the bottom was in. However, in the U.S it's worth noting it's been mostly tech and just 5 or so companies that have led the way. While I don't think most tech is too over valued, a large correction in the sector will affect the various indices.

I've started allocating some more funds back to UK companies or cash now for a few reasons, to reduce exposure to U.S tech stocks and the $ at last for the moment. A nasdaq correction and especially if the £ jumped against the $, that would create a great new opportunity in future but doubt both will happen :)
 
Last edited:
As much as a low savings rate in a bank may be boring, when investing being prone to doing anything in a panic is generally bad.

I recognise it is difficult, but what you 'feel' is a classic bias. Are you happy that when you come to sell that the funds you have chosen will be worth more than you bought them for? If yes, the noise - and what you feel - should be put out of your mind.

Stop losses on funds may be a valid strategy, but for me it speaks to a bigger issue with investment discipline. If it is keeping you up at night, then your risk exposure is too high; putting in safety precautions is all well and good, but it'll end up driving you mad!

Just my 2p...
 
I'm back in with ezj.

I got back in at a slightly lower price but made almost no difference to holding.

Think airlines are done falling and 550 ish is the lowest ezj will go.

I've also signed up to our company share scheme.
You can put up to 500ppm into shares at 20 percent discount to today's price and cash them in 3 years later.
If you put 3k in, you can't get less than 3k back. But if they doubled you'd get 6k back.

Seems like a no brainer
 
413x said:
I'm back in with ezj.

I got back in at a slightly lower price but made almost no difference to holding.

Think airlines are done falling and 550 ish is the lowest ezj will go.

I've also signed up to our company share scheme.
You can put up to 500ppm into shares at 20 percent discount to today's price and cash them in 3 years later.
If you put 3k in, you can't get less than 3k back. But if they doubled you'd get 6k back.

Seems like a no brainer
Click to expand...


They are at this price :)
 
413x said:
Just to be clear. Company I work for isn't ezj. Just in case there was confusion
Click to expand...

Oh? Haha ok then.

Well if your company shares are still down and you believe they will rise go for it. Like you said, worst case money back.

I actually cancelled my share saves as i was buying at a lot more vs the current value. With the cash i got back, i brought the same ampunt shares at the current price. This has meant a substantial saving and extra money back in my pocket each month
 
caff said:
I'm concerned. I panicked a couple of weeks ago thinking a huge crash was coming
Click to expand...

Huge crash would mean sell assets buy dollar. The trend for dollar has been down, even sterling has been doing well as of late hence ftse does not float up so easily. Gold in sterling went past all time highs a while ago because over sterling had lost so much compared to 2011 and prior peak. Dollar did recover some in the last week or so, if it were to continue or to start a trend rising back that gives a clue I think to possible stock sell pressure.
Take profits, reduce, rebalance. Avoid sell all or buy all if possible, cash is trash is central strategy for a while though I thought in 2019 it was good idea to take profits and reduce mortgage debt as thats perfectly reasonable in terms of security.

DWlqdEy.png

https://twitter.com/HCPG/status/1298342987433271296
EgSkCVYUcAAUbYg
EZNiJrZWoAM-bfx
Click to expand...
 
BennyC said:
GDR still going. HEMO too.
Click to expand...

You still in Hemo? I’ve rode it out and didn’t sell but also didn’t top up. Now broke even after a 25% daily rise. Hopefully somethings brewing for later today/this week. I’ve got a house offer going in tomorrow, it may be getting upped!
 
413x said:
Tesla still relentless in its climb. Just have to laugh at missing out on this one
Click to expand...

don't think it will stop there!

Apple and Tesla stock prices could explode by more than a third in the next 12 months after upcoming stock splits for both companies, according to one analyst.

Multi-asset investment platform eToro analysed 60 years of data, and found that on average companies that split their stocks see their share price surge by a third in the 12 months after the split.

eToro's research shows that, on average, mega brands that have carried out stock splits have seen their shares explode by 33% within the year.
Click to expand...
 
BattFink said:
Guessing Salesforce result's went well then

Up 25.51% in an hour
Click to expand...

Got this after the report which was already too late as it was up 16% already. Got in after having some spare cash around from letting go of Paypal. Enjoying a nice 7% rise so far with a tight stop/take profit, for a quick return.

Intel is currently my weakest performer, but that is more of a LTH for me.
 
413x said:
Yeah quite possibly.

Its basically bitcoin at the moment. Could go to 10k could go to 1k
Click to expand...
Well, Elon has been around the crypto markets and knows all about pumps 'n' dumps and drawing money from investors(speculators) :D.

Potential post split is interesting. While share prices often perform well afterwards, it'll be interesting to see how this goes after an already stella run. But Robin hooders probably be like "Thanks Elon - you've reset the price to give us another chance to buy low" and buy buy buy :P
 
Curious why does the company give a toss about a share split. It doesn't affect the business or inject any more capital into it. The only people it affects are the shareholders and doesn't really change anything for them either as all the stakes remain the same. Those complaining that $2000 a share is too much for them e.g. retail Robin Hooders or Trading 212 etc... can buy fractions if they must. 1 of a $200 TSLA share is as useless as 0.1 of a $2000 TSLA share.
 
You must log in or register to reply here.
Back
Top Bottom