Anybody Buying Yet? Where’s the Bottom?

[Sytes]

I bought 2 shares of Bank of America stock earlier this year at $35 a share just because I had $70 left after buying some other stock. BAC is up 33% in that small time. I wish now I would have bought a lot more.

The story of my day/swing trading hobby fun.

Even more-so the example of one time tooting my horn on Hunt Talk several years ago about holding 200 shares of NVDA and enjoying the $1100 made at a $5.00 increase per share flipping that buy/sell.

Had I held those... I'd have over a million bucks right now. from that simple $3,600 day/swing trade. UGH! Haha! Anyone have a crystal ball? Mine is a garage sale bowling ball. Sometimes I think a coin flip would have better odds - other times, I think I am an awesome hobby trader.

 

[elkantlers]

The story of my day/swing trading hobby fun.

Even more-so the example of one time tooting my horn on Hunt Talk several years ago about holding 200 shares of NVDA and enjoying the $1100 made at a $5.00 increase per share flipping that buy/sell.

Had I held those... I'd have over a million bucks right now. from that simple $3,600 day/swing trade. UGH! Haha! Anyone have a crystal ball? Mine is a garage sale bowling ball. Sometimes I think a coin flip would have better odds - other times, I think I am an awesome hobby trader.

Dang, that's a heart breaker. I've made some on NVDA but nowhere that much. I think the right thing to do is put a modest amount on several up and comers and then just leave it in hopes that one shoots for the stars.

 

[Benfromalbuquerque]

 

[SD_Prairie_Goat]

View attachment 350693

You lost bro?

This is not the thread for that crap

 

[noharleyyet]

You lost bro?

This is not the thread for that crap

...have you read this thread?

 

[Flatrock]

I think SD PGoat is describing risk management. Triming is easier after a split.

Yea, I'm aware. But I just about completely disagree with this. It's almost always a non-issue. Like I said, I just don't understand people and splits.

 

[SAJ-99]

Yea, I'm aware. But I just about completely disagree with this. It's almost always a non-issue. Like I said, I just don't understand people and splits.

Not saying you are wrong. People don’t make rational economic when it comes to money. If they did, Las Vegas wouldn’t exist.

 

[noharleyyet]

Not saying you are wrong. People don’t make rational economic when it comes to money. If they did, Las Vegas wouldn’t exist.

... there would also be less cannon fodder for Wall St.

 

[Rie Bread]

When you need money you need money. Pretty simple