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GeneralRe: Not actual financial advice Pin
Nelek4-Feb-21 3:08
protectorNelek4-Feb-21 3:08 
GeneralRe: Not actual financial advice Pin
Greg Utas4-Feb-21 3:11
mveGreg Utas4-Feb-21 3:11 
GeneralRe: Not actual financial advice Pin
W Balboos, GHB4-Feb-21 3:19
W Balboos, GHB4-Feb-21 3:19 
GeneralRe: Not actual financial advice Pin
Greg Utas4-Feb-21 2:58
mveGreg Utas4-Feb-21 2:58 
GeneralRe: Not actual financial advice Pin
Nelek4-Feb-21 3:01
protectorNelek4-Feb-21 3:01 
GeneralRe: Not actual financial advice Pin
Greg Utas4-Feb-21 3:07
mveGreg Utas4-Feb-21 3:07 
GeneralRe: Not actual financial advice Pin
Nelek4-Feb-21 3:10
protectorNelek4-Feb-21 3:10 
GeneralRe: Not actual financial advice Pin
W Balboos, GHB4-Feb-21 3:12
W Balboos, GHB4-Feb-21 3:12 
For your second point: I had gotten in on Amazon on the day of the IPO - not as an IPO person but a first day buyer. By the time the report came back I was down US$400. Well, I waited and eventually it started to rise so I put in (as you astutely noted) that stop-loss order. Sure enough, I was out in no time at all (made $800). Then I watched as it went up and split and went up and split . . . my 200 shares would have been worth US$250,000 before the first year was out - and if I held it until now I'd have my millions. But I didn't, did I? Dirty SOB's ! I need the money more than they do.

As for the panic? I haven't done that - but I have been hit by margin-calls. That's the equivalent of "panic selling on steroids". First, with silver futures, having shorted 10,000 ounces (=2 contracts). Other times included the various crashes, like 1987.

Interesting thing: if you have suggestion enabled on a google search bar and type in "market crash of", the list of dates is, well, impressive.

What I found as my primary weakness is not setting a sell price and sticking to it. So it goes up and I hope it will still rise - and it goes down. My philosophy, which I neglected all too often is as follows: YOU NEVER LOSE MONEY BY TAKING PROFITS. Discipline. I admit my failing.



Ravings en masse^
"The difference between genius and stupidity is that genius has its limits." - Albert Einstein
"If you are searching for perfection in others, then you seek disappointment. If you seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010

GeneralI was sent this ... Pin
OriginalGriff4-Feb-21 0:40
mveOriginalGriff4-Feb-21 0:40 
GeneralRe: I was sent this ... Pin
Eddy Vluggen4-Feb-21 1:05
professionalEddy Vluggen4-Feb-21 1:05 
QuestionRe: I was sent this ... Pin
Nelek4-Feb-21 1:22
protectorNelek4-Feb-21 1:22 
AnswerRe: I was sent this ... Pin
Eddy Vluggen4-Feb-21 1:26
professionalEddy Vluggen4-Feb-21 1:26 
GeneralRe: I was sent this ... Pin
OriginalGriff4-Feb-21 1:45
mveOriginalGriff4-Feb-21 1:45 
QuestionRe: I was sent this ... Pin
Eddy Vluggen4-Feb-21 1:56
professionalEddy Vluggen4-Feb-21 1:56 
AnswerRe: I was sent this ... Pin
OriginalGriff4-Feb-21 3:52
mveOriginalGriff4-Feb-21 3:52 
GeneralRe: I was sent this ... Pin
Nelek4-Feb-21 2:49
protectorNelek4-Feb-21 2:49 
GeneralRe: I was sent this ... Pin
Eddy Vluggen5-Feb-21 8:25
professionalEddy Vluggen5-Feb-21 8:25 
GeneralRe: I was sent this ... Pin
CPallini4-Feb-21 3:03
mveCPallini4-Feb-21 3:03 
GeneralRe: I was sent this ... Pin
Jacquers4-Feb-21 3:19
Jacquers4-Feb-21 3:19 
GeneralRe: I was sent this ... Pin
Johnny J.4-Feb-21 4:03
professionalJohnny J.4-Feb-21 4:03 
GeneralRe: I was sent this ... Pin
OriginalGriff4-Feb-21 4:16
mveOriginalGriff4-Feb-21 4:16 
GeneralOi! Greg Utas! Pin
OriginalGriff4-Feb-21 0:27
mveOriginalGriff4-Feb-21 0:27 
GeneralMessage Closed Pin
3-Feb-21 23:48
Member 150643283-Feb-21 23:48 
GeneralRe: could we code this? PinPopular
OriginalGriff3-Feb-21 23:53
mveOriginalGriff3-Feb-21 23:53 
GeneralRe: could we code this? Pin
musefan4-Feb-21 0:15
musefan4-Feb-21 0:15 

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