Trading the stockmarket (NO Referrals)

radderfire · Thursday at 21:36

Diddums said:
Keep an eye on them. They're going to solve flying cars, fusion reactors and quantum computing. They'll be worth more than Nvidia any day now [/wallstreetbets]

I know your GME is your fun pick, but personally I would split that across a few more high risk/high return companies, say 5, as then you have more of a chance of one of them working out and it's more fun.

grudas · Thursday at 21:38

413x said:
So many people talking about a correction I feel it might become a self fulfilling prophecy

Well.. the more you talk about it the higher the chances of you being right.. but people have been talking about “correction” for years now .

Diddums · Thursday at 21:39

radderfire said:
I know your GME is your fun pick, but personally I would split that across a few more high risk/high return companies, say 5, as then you have more of a chance of one of them working out and it's more fun.

What makes you think that's my whole portfolio

radderfire · Thursday at 21:45

Greboth said:
This climb has been going for 2 years really but yeah, at some point it's going to stop and could get ugly. But for now it's like printing money so set some sensible SL's and enjoy the profit

This is the result of currency debasement. It won't stop, it will accelerate. It's not going to get ugly.

radderfire · Thursday at 21:46

Diddums said:
What makes you think that's my whole portfolio

I know it's not, that's why I said it's your "fun pick".

Scougar · Thursday at 22:20

Got a whole 83 dollars to put into a stock and leave it till the 22nd. lol. $11 dollars up so far... I'm not counting the other stock I have for pure giggles of two shares that is losing money.

banja · Friday at 04:44

radderfire said:
This is the result of currency debasement. It won't stop, it will accelerate. It's not going to get ugly.

Can you elaborate on what this means?

Minstadave · Friday at 07:26

Kept on sliding overnight. Feels very fragile now, let's see if Trump has a Friday melt down and sends it under.

Uther · Friday at 07:30

The S&P dial on CNN has now moved from 'fear' to 'extreme fear' and Trump hasn't even woken up yet.

Minstadave · Friday at 07:32

Uther said:
The S&P dial on CNN has now moved from 'fear' to 'extreme fear' and Trump hasn't even woken up yet.

Look at USD to Gold prices.

lookitsjonno · Friday at 07:35

Nice to see a few of the tickers with frothy valuations getting a pasting tbh

bliss · Friday at 08:11

Well that's a fun start to the day. Hopefully some green after that massive drop.

sityeuropa · Friday at 08:13

banja said:
Can you elaborate on what this means?

It means the dollar and pound are becoming worthless so your stocks are going to be more expensive to buy.
Its why the SP500 only goes up.

200sols · Friday at 08:35

radderfire said:
This is the result of currency debasement. It won't stop, it will accelerate. It's not going to get ugly.

At least we can see the real safe haven, and it isn't bitcoin

thebandit · Friday at 08:43

So, guess who decided to have a smallish punt on the Quantum stocks yesterday ...... :rolleyes:

Today however is much worst, Allworld, FTSE and AMD today making a huge dent, always seems to happen on a Friday, is it a buying opportunity, that's the question.

LostCorpse · Friday at 08:49

i mean we did say wait until Friday..
Trump!....

now the fun for whats going to happen today in the world economics

some one should start a betting pool on if an announcement is positive or negative on stock markets

Uther · Friday at 08:53

Not regretting my decision to bail yesterday before it all nosedived. I am resisting the urge to jump back in now though...

413x · Friday at 09:08

Uther said:
Not regretting my decision to bail yesterday before it all nosedived. I am resisting the urge to jump back in now though...

Could go a long way further down. Usually buying after a drop is no bad thing. But there's no telling how low it will go

grudas · Friday at 09:10

I just left mine parked up, not selling at a loss. It’s all 5-6 year holds anyway for me.

tangey · Friday at 09:23

appears this market move is based on actual finanacial news as oppose to Trump utterances. Yesterday, a couple of regional banks in the US anounced they were writting off a lot of debt, one due to a car parts maker going out of business. The markets got spooked, and The head of JP morgan remarking "when you see one cocroach, there is generally more" only added to that.

With many predicting/waiting for a bubble to burst, it doesn't take much to start a bit of panic.