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  1. Capslock

    Capslock Active Member

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    Any stock traders here?

    Discussion in 'The Lounge' started by Capslock, Aug 6, 2019.

    I been in and out of the game for 10 or so years. No major success story here. I seem to get out when ever I need to empty my account for a emergency car purchase or something.

    Not looking for recommends, unless you want to. Looking more for a dos and don’t list, share your mistakes, and wins. Or strategy you want to implement.

    Goals are to stick in it, have separate money aside for emergencies, tool for long term saving / retire, possibly be full time day trader.

    -Never ever sell low
    -stick to what you believed in
    -stop checking on it everyday
    -double down when low to lower cost average
    -find recession proof stocks
    -take advantage after bad news

    Care to share some pointers?
     
    Last edited: Aug 6, 2019
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  2. Capslock

    Capslock Active Member

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    Here is a practice I try to stick to:

    Say if AMC gains %10 like it did every time a good movie comes out, put it into a loser like RGR.

    I take out of a gainer, put into a loser that I still like.

    What is that called?
     
  3. Homer Potvin

    Homer Potvin A tombstone hand and a graveyard mind Staff Supporter Contributor

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    Risky.
     
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  4. Capslock

    Capslock Active Member

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    Can you elaborate? I take out from a stock that is at what I think the peak is. Then put into one that I think will be going up soon.

    Homer, share some wisdom
     
  5. Some Guy

    Some Guy Manguage Langler Supporter Contributor

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    Please make a cartoon safe, anvil, or piano fall on this thread.
     
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  6. The Dapper Hooligan

    The Dapper Hooligan (V) ( ;,,;) (v) Contributor

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  7. Some Guy

    Some Guy Manguage Langler Supporter Contributor

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    Asteroid strike?
     
  8. Capslock

    Capslock Active Member

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    I have some TNT with long fuse.
     
  9. Iain Aschendale

    Iain Aschendale Lying, dog-faced pony Marine Supporter Contributor

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    For the same reasons we don't allow medical advice here, I'm locking this one up. Nobody here knows a thing about anyone else's qualifications or intentions.
     
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