Trading the stockmarket (NO Referrals)

Noxia · 2 Feb 2021 at 14:42

Yeah I didn't go back in again like I claimed. Happy with what happened. Never doing that again ever, found it far too stresfull.

Russinating · 2 Feb 2021 at 14:42

So much facepalm.

unwashed potato! · 2 Feb 2021 at 14:42

Trig said:
No point lying about it, if it drops much more my entire months profit from last month is gone lol

Not ideal. What's your thoughts? Is there a limit to how long before you jump out? Hold now for the buy back to start?

Irish_Tom · 2 Feb 2021 at 14:44

It's about to drop through $100.

Down $225 in what, 15 minutes? :eek:

MrKnifey · 2 Feb 2021 at 14:44

meh lost £700ish Ill just keep them now for the sake of selling them for such a loss. Was worth the gamble. Should have stuck with my small win last week

unwashed potato! · 2 Feb 2021 at 14:45

Irish_Tom said:
It's about to drop through $100.

Down $225 in what, 15 minutes?

Well down from 150 to 100. It never was 225 since last night and then there's been lots of trading since then.

uncle_rufus · 2 Feb 2021 at 14:46

It's interesting how they don't halt trading due to "volatility" when it's going down super fast... only when it's going up

Tweek_1984 · 2 Feb 2021 at 14:49

uncle_rufus said:
It's interesting how they don't halt trading due to "volatility" when it's going down super fast... only when it's going up

It halted just after the opening bell. Although I'm not sure how far/fast it needs to move to trigger a breaker.

Mull3t · 2 Feb 2021 at 14:52

US trades are down according to various places.

Irish_Tom · 2 Feb 2021 at 14:53

Apex said:
Well down from 150 to 100. It never was 225 since last night and then there's been lots of trading since then.

Yeah, fair point, down from $150 at open.

looks like it's levelled off a bit — which way will the breakout go… nobody knows.

Trig · 2 Feb 2021 at 14:53

Apex said:
Not ideal. What's your thoughts? Is there a limit to how long before you jump out? Hold now for the buy back to start?

tbh, I'll stand by my original comment, what I have in T212 is for the lols, if it all goes to zero then so be it, although I do have CRSR and ATVK in there as well, so far the only green one is CRSR lol

Lyle44 · 2 Feb 2021 at 14:54

Tweek_1984 said:
It halted just after the opening bell. Although I'm not sure how far/fast it needs to move to trigger a breaker.

I think it's based on the percentage drops from the previous closing price. Along the lines of 7 15 or 20%, or I maybe thinking of the index itself

booyaka · 2 Feb 2021 at 14:55

Lots of ways things can be halted - very complicated

Good guide here - https://www.warriortrading.com/circuit-breaker-halts/

Lyle44 · 2 Feb 2021 at 14:57

booyaka said:
Lots of ways things can be halted - very complicated

Good guide here - https://www.warriortrading.com/circuit-breaker-halts/

Thanks

Hades · 2 Feb 2021 at 14:59

I hope no-ones got money on the line they can't afford to lose. I've worked at two investments banks in the past. In one building they had to put very high barriers around the stair wells after a suicide. At another building someone in the opposite building threw themselves off the roof.

Casdawer · 2 Feb 2021 at 15:04

Decided to take all but 1 share off AMC just for the lolz.

Hedge Funds have won, simple as. A few pages back I was moaning at the $132 sale... now I'm relieved!

Safe to say that I will not trade/invest again (minus my corporate shares). These past 2 weeks have shown I don't have what it takes

Back to hoping I net a Lottery win.

RobHu · 2 Feb 2021 at 15:04

booyaka said:
Lots of ways things can be halted - very complicated

Good guide here - https://www.warriortrading.com/circuit-breaker-halts/

Lots of good reads on there. Anyone looking to get into trading/investing should be extremely wary of sites like that though - Their paid services are almost always a huge con. According to some research I did online recently WT is no different in that regard. There's a large amount of scepticism surrounding the owners claimed trading results, some questioning whether he even trades at all.

muttclugg · 2 Feb 2021 at 15:04

Hades said:
I hope no-ones got money on the line they can't afford to lose. I've worked at two investments banks in the past. In one building they had to put very high barriers around the stair wells after a suicide. At another building someone in the opposite building threw themselves off the roof.

It's horrible that it drives people to that!

englishpremier · 2 Feb 2021 at 15:05

Irish_Tom said:
It's about to drop through $100.

Down $225 in what, 15 minutes?

When up in at a similar rate. Seems to have found a floor at the moment. The rest of the market is up nicely though. Finally AMZN and MSFT coming good for me. Was down a good few hundred just on FX movements on Amazon. Can't wait for their earnings.

I dropped AMD last week. Tempted to do the same with Apple. Still down with CRSR though.

unwashed potato! · 2 Feb 2021 at 15:05

Hades said:
I hope no-ones got money on the line they can't afford to lose. I've worked at two investments banks in the past. In one building they had to put very high barriers around the stair wells after a suicide. At another building someone in the opposite building threw themselves off the roof.

Lovely thoughts thanks. Any other tips?