Trading the stockmarket (NO Referrals)

[Firestar_3x]

Invested in 59 different companies in the US and on average down 3%, time yet but could be worse.

 

[sHo0sH]

How will you know when its bottomed then? That crystal ball?

This will take months/years to play out.

No idea, its currently at £93 and change - if it goes to £80-85 I will jump back in - also depends on how this trade war pays out, happy to just earn a safe 5% for a bit. I am a noob though so will likely backfire

 

[smokedog]

No idea, its currently at £93 and change - if it goes to £80-85 I will jump back in - also depends on how this trade war pays out, happy to just earn a safe 5% for a bit. I am a noob though so will likely backfire

It's going to take a hell of a lot for it to move back down to the low 80s. The S&P has been going up non-stop without any major pullbacks or corrections for the past few years...its unstoppable.

Currently, S&P is only down 0.8%. Trump and Trudeau are having a meeting tonight at 8pm. They are going to announce a trade agreement and the S&P will be green tomorrow. No point betting against the market, the market aways wins

 

[slinxy]

No idea, its currently at £93 and change - if it goes to £80-85 I will jump back in - also depends on how this trade war pays out, happy to just earn a safe 5% for a bit. I am a noob though so will likely backfire

You know that the S&P 500 has only gone down by 1.81% today and 1.54% for the last week but it's still up by 2.13% this month?

if you're using a platform that charges comission, you're likely going to lose more by buying/selling and FX fees, be it internal or external.

When I first started, for months I was paying into a fund that was dropping every month.. but when it did go back up it was a tidy profit. You need to look at reds as sign of a sale.

 

[smokedog]

And like clockwork...news is out and the tariffs have been delayed

 

[LostCorpse]

It's going to take a hell of a lot for it to move back down to the low 80s. The S&P has been going up non-stop without any major pullbacks or corrections for the past few years...its unstoppable.

sounds like its due an adjustment/correct then.

 

[200sols]

It's going to take a hell of a lot for it to move back down to the low 80s. The S&P has been going up non-stop without any major pullbacks or corrections for the past few years...its unstoppable.

All been said before. Its not unstoppable but the fact people think it is is usually a good sign of market peaks

 

[tangey]

And like clockwork...news is out and the tariffs have been delayed

the mexico ones, not canada or china

 

[lookitsjonno]

Panic sold a couple of holdings and regretting it now, I didn't even sell because of paper hands but trying to be clever to lower my average. Damn you Trump