Lost $22,000 2 days ago so this is my plan
- Thread starter Mandala
- Start date
Monday Aug 12:20 p.m.
TAU 3.18 Sold @ $3.23 - 1.64% profit =$164 on $10,000 buy
GSKR 3.56 Sold @ $3.60 - 0.94% profit =$94 on $10,000 buy
RDS 0.93 Sold @ $0.93 - 0.00% profit =$00 on $10,000 buy
TAU 3.18 Sold @ $3.23 - 1.64% profit =$164 on $10,000 buy
GSKR 3.56 Sold @ $3.60 - 0.94% profit =$94 on $10,000 buy
RDS 0.93 Sold @ $0.93 - 0.00% profit =$00 on $10,000 buy
Vaguely. Everything about my knowledge of the world could be looked back on as vaguely. I am old now and live on regret. Definitely hindsight is 20/20.
In the last 5 trading sessions, MSFT went from $473.54 to $506.09 a 7.06% gain, if you held on to it for the week. I could identify the lows and highs and the possible profit would be 16.57% for the last 5 sessions. Which would you rather have? MSFT had a good run the last week. It looks like the run may be over for now.
You cannot live on regret, I am old as well.
I hada chance to buy a condo around 1998 in downtown Toronto, I passed on it because I listened to bad advice.
Buying individual stock is a losing game. Buy the whole market (etf) that way you will always pick the winners
The way to make money on the stock market is to have more winners than losers, I have been using my method to buy stocks for years. It has worked for me more often than not. I made $2813 yesterday from market open to 12:30, that was on a slow day. Mr. Mandarin Buffet claims to make 186% to 305% on each stock he buys. I asked him to demonstrate his method and he ran away. I showed him my way and made $12028. in two days. That was a couple of good days. I am happy with what I can do, so I will not buy a stock and wait for it to slowly zig zag up and then crash. Why not take advantage of the highs and lows?
You are wrong and is a stupid thing to say. The way to make money is have the winners make more money than the losers lose. You will never have more winners than losers because there are far more losers than winners the gain comes from the extreme winners and you do not even know that
If it was that easy then everyone would do it then the market would reach perfect equilibrium and then no more alpha to chase. You are not making money. You are lying or fooling yourself. You make a lot of stuff up as you play fantasy on the net.
You would be far, far better off just holding a few etfs and stopped playing pretend
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Do my figures lie? $2813. Monday morning 9:30 to 12:30. that is on a slow day. It is not easy, it is years of experience.
.............it also helps if you subscribe to The Insider Trader App.
Yes but stock picking does not guarantee any will be winners
But the index does guarantee winners
Not only do funds have to beat the index they have to beat it by their MER+ their profit plus the profit you expect to get
It would be great to beat the index but kind of a needle in the haystack. I guess in our Canadian market, an overweight in some of the protected areas(banks,pipelines,etc),not telcos these days, might do it.
46 firms accounted for half the wealth generated by the stock market over the past 100 years, researchers say
Research shows that a relatively small number of stocks have historically driven markets, but that doesn't mean you should try to pick winners, experts say.
www.cnbc.com
Obviously, investors try to get as much as they can out of the stock market. Rather than getting 0.5% interest on a savings account at a bank, the better choice would be to invest in an ETF and potentially earn 7–10% annually. The reason an ETF can provide a higher return is that professional traders can potentially do much better than the average person buying and selling stocks. However, financial institutions have many expenses, including management and support staff, advertising, taxes, office space, traders, and commissions. After deducting these expenses, they still have to show a profit for their shareholders. Financial institutions generally need to generate between $200,000 and $250,000 in profit per employee to be viable. The 7–10% paid out annually on an ETF is only a small fraction of what a professional trader can ern. A good trader can ern 300% annually if profits are compounded.
A few years ago there was a member on this forum that posted his stock buys here on the Business, Finance and Investing section. After a year he claimed to make 20% on his money. In actual fact when I tallied up his profits he had lost 20%. There was one occasion where he posted that he bough a stock and it quickly dropped drastically. He panic sold.
I check the stock out and it looked solid, so I posted that I had bought some at a low price. It quickly returned to the previous price and proceeded to go 10% higher. It is the 97% of speculators that keep the market afloat and the 3% of sophisticated and institutional investors that make profits consistently.
A few years ago there was a member on this forum that posted his stock buys here on the Business, Finance and Investing section. After a year he claimed to make 20% on his money. In actual fact when I tallied up his profits he had lost 20%. There was one occasion where he posted that he bough a stock and it quickly dropped drastically. He panic sold.
I check the stock out and it looked solid, so I posted that I had bought some at a low price. It quickly returned to the previous price and proceeded to go 10% higher. It is the 97% of speculators that keep the market afloat and the 3% of sophisticated and institutional investors that make profits consistently.
Nope. If stocks are overweighted you will get in too late as the market has accounted for itIt would be great to beat the index but kind of a needle in the haystack. I guess in our Canadian market, an overweight in some of the protected areas(banks,pipelines,etc),not telcos these days, might do it.
46 firms accounted for half the wealth generated by the stock market over the past 100 years, researchers say
Research shows that a relatively small number of stocks have historically driven markets, but that doesn't mean you should try to pick winners, experts say.
a etf is not run by professionals but by computer algorithm
WTF?????? actively manage funds cost over 1% to run meaning the banks have to beat index by more than that. ETFs cost are .01% . A good trader cannot make 300% annually, a good trader cannot make 10%. Stay away from investing, far far away
I am talking about long term holds. Maybe 30 years or so. Not a recommendation to buy Canadian banks at current levels.
Ah, Warren Buffet buy and hold undervalued stock. Buffet says you should buy and hold indexes preferably the S&P
He does not follow his own advice. The vast majority of stock Buffet buys losses $$$$$. The few winners make more $$$$ than the losers lose
