Trading the stockmarket (NO Referrals)

Casdawer said:
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 :D

Back to hoping I net a Lottery win.
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I wouldn't let it put you off, just take it as a lesson that "instant wins" rarely work out and if they do it's for the people in at the start.

Plenty of other good buying opportunities :)
 
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.
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I'm still in it's still my largest gain stock percentage wise. Keyword Studios is my second at less than half the gain.

The latter is one I really like. Being British though I imagine they will sell out to a foreign company at some point.
 
Casdawer said:
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 :D

Back to hoping I net a Lottery win.
Click to expand...

Investing has almost nothing in common with these insane gambles and is something that most people should be doing regularly if they ever want to be able to retire (IMO).
 
I am taking this as part of the learning curve. I'll stick to my plan of building up a retirement fund using stocks rather than overnight wins
 
RobHu said:
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.
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I don't disagree in the most part - but he trades live and has done for a long time, a good watch, a sensible guy and comes across well on his trading/videos etc - he's also selling his services so I do agree a fair amount of caution is required.

He's decent on his streams, shows what he's doing, show his winners and looser as well. I've followed him for a while now.
 
Casdawer said:
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 :D

Back to hoping I net a Lottery win.
Click to expand...

I discovered that about six years ago spreadbetting on IG Index. :D

A monthly DD into a tracker fund or two is all I can really cope with. :p

englishpremier said:
When up in at a similar rate. Seems to have found a floor at the moment.
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It looked like it was trying to break out of the 20 EMA (on 1-min intervals) but failed, and it's dropped back again.

There's not a lot of volume though.

englishpremier said:
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.
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Yep, I've recovered the losses from the end of last week.
 
The absolute number 1 rule when it comes to ANY form of making money, whether it be investment advice, gambling tips, amazon dropshipping courses, is that it's all nonsense. If these people were successful at making money with the ways they claim they are, they wouldn't need to sell these courses, nor would they need to waste time in creating them. It's all guff. All of it. If someone's selling a "learn to make money" course, it means they've already failed at it and are still trying to make money.

A few exclusions apply, such as Manny Khoshbin, however his angle is that he's already got the market sewn up and has his reputation, so selling his knowledge to any noob who hasn't got a leg to stand on vs a titan like him in the same market is literally zero threat.
 
Only do passive funds and didn't get involved in GME or AMC...but I did buy a very small holding in each for NOK and BB with both getting another black eye today. I had researched NOK as it does have a 5G future, but BB seems a little over hyped perhaps with the AWS contract announced in December and resolution of the FB issues. It does hold a lot of patents. An interesting week indeed and you do learn a lot.
 
PCDAVE2 said:
Only do passive funds and didn't get involved in GME or AMC...but I did buy a very small holding in each for NOK and BB with both getting another black eye today. I had researched NOK as it does have a 5G future, but BB seems a little over hyped perhaps with the AWS contract announced in December and resolution of the FB issues. It does hold a lot of patents. An interesting week indeed and you do learn a lot.
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NOK has reasonable potential. One to probably hold on to if you didnt buy in at the very very top maybe. NOK has been blocked on a lot of places today as well (to buy) which may be contributing.

All the others were just silly/a gamble and well overvalued.
 
Still people keep talking about it like it's a binary choice (i.e. invest in long term more reliable funds OR splash your life savings up the wall on YOLO meme stonks)... Just do both but with proportionate bits of your portfolio, maybe you'll strike it big on something risky but if not at least your proper pot is safe
 
Jono8 said:
NOK has reasonable potential. One to probably hold on to if you didnt buy in at the very very top maybe.

All the others were just silly/a gamble and well overvalued.
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Similar with BB i think. A lot of clauses on bonus' for the CEO if the share hits certain levels so clearly they have ambition to be getting back to those levels. Although 3 senior execs sold hefty amounts of shares mid January, with the CFO now holding no equity. So that never bodes well!
 
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Jono8 said:
NOK has reasonable potential. One to probably hold on to if you didnt buy in at the very very top maybe.

All the others were just silly/a gamble and well overvalued.
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I got NOK before the brief take off, but BB was half off the recent top - I'm holding both long term. Only represent 1% each in my total pot. Good dip for Emer Mkts last week.
 
Gme into the low-mid 90s now.

O/t: I know it's not everyone's cup of tea, but if people had put half of the money spent on those shares into a local charity for foodbanks or homeless it'd be far more meaningful.
 
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