Trading the stockmarket (NO Referrals)

mid_gen said:
I've connected the instant transfer thing now to my Starling account. It is instant.

Bank transfers tend to take a day, although I had one recently that went missing for a week and a half and I had to chase their support for....
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Yeah, now i've set Open Banking up i'll just use that in future. I was a bit cautious about it the first time and then because the first BT worked quite quickly i went for it again, but that's stuck somewhere now. Open Banking all the way from here.
 
Martynt74 said:
Yeah, now i've set Open Banking up i'll just use that in future. I was a bit cautious about it the first time and then because the first BT worked quite quickly i went for it again, but that's stuck somewhere now. Open Banking all the way from here.
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OB is the most secure you can use - No fear needed :)

PS. I work in this world so I would say that :D
 
I have two trains of thought right now as to what to do with my two shares. I'm up 2.5x if the pre-market value sticks. Either I sell as soon as the market starts up and make that 2.5x, or I wait a bit longer and see if the growth continues and maybe try and make a bit more. Really difficult to know! I see a new monitor in my future either way :o
 
dirtychinchilla said:
I have two trains of thought right now as to what to do with my two shares. I'm up 2.5x if the pre-market value sticks. Either I sell as soon as the market starts up and make that 2.5x, or I wait a bit longer and see if the growth continues and maybe try and make a bit more. Really difficult to know! I see a new monitor in my future either way :o
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My plan is to sell a few on open and hang tight with the rest and let the greed run through for better or worse

Hard to know whether paper hands are going to be worse today because people may well have made serious money that they want to keep or if they will see a prospect of it going really high and hold tight. Like is $1000 a genuine possibility on Friday now?! I laughed reading that last week but now it seems possible
 
Its literally a pump and dump, timing is the key but no different to a casino.

Pre market might be misleading too, there could be a huge dump at open.
 
Skillmister said:
Like is $1000 a genuine possibility on Friday now?! I laughed reading that last week but now it seems possible
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Indeed that is the question. As the news gets bigger, things like Elon tweeting, all these things push it up further. At some point it has to drop, and when it starts to drop I imagine the amount some have earned is going to seem not worth risking it dropping further just to be greedy so they will pull and then it'll really start to tumble down.
 
Apex said:
Indeed that is the question. As the news gets bigger, things like Elon tweeting, all these things push it up further. At some point it has to drop, and when it starts to drop I imagine the amount some have earned is going to seem not worth risking it dropping further just to be greedy so they will pull and then it'll really start to tumble down.
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probably be a huge dip at market open for USA imo.

but people probably have more faith than yesterday especially after elon saying hes on WSB discord https://twitter.com/elonmusk/status/1354207855109410819


it's probably made loads of normies join
 
Simon said:
Its literally a pump and dump.
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I mean it isn't though is it. Its not a penny stock being pumped up with absolutely no reasoning. There is a genuine issue with the shorts. It wouldn't be in mainstream media like it is otherwise. Guardians article this morning was pretty good

Yes it's being pumped now but that doesn't take away from the short position
 
Skillmister said:
I mean it isn't though is it. Its not a penny stock being pumped up with absolutely no reasoning. There is a genuine issue with the shorts. It wouldn't be in mainstream media like it is otherwise. Guardians article this morning was pretty good

Yes it's being pumped now but that doesn't take away from the short position
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How do you expect that to translate into the real world?
 
What is the general professional advice with regards to exposure? Should it be calculated as cost or value? I am for example heavily over-exposed to Tesla at the monent, but only due to gains; my value of holdings represent about 35% of my total including cash, but less than 5% of costs. I could sell 100% of my initial investment and still have it be 30% of my holdings.

Should you sell when stocks gain simply due to exposure, base that on cost, or another determination?
 
Russinating said:
What is the general professional advice with regards to exposure? Should it be calculated as cost or value? I am for example heavily over-exposed to Tesla at the monent, but only due to gains; my value of holdings represent about 35% of my total including cash, but less than 5% of costs. I could sell 100% of my initial investment and still have it be 30% of my holdings.

Should you sell when stocks gain simply due to exposure, base that on cost, or another determination?
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Over 10% of your portfolio in one stock is unusual
 
G-MAN2004 said:
Guy on CNBC just said Melvin are out, which dropped the premarket price massively. How is this legal when they're clearly not out?
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You got some data to make the claim they are not out?

its more probably that they are out rather than still holding. These guys don't make the money they have by holding onto losers for very long

Melvin will be bankrupt though, but its also an LLC, so the individuals tied to this fund wont be affected.

The people this will hurt now are retail holders, buying stock which is worth 10/20 dollars max
 
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