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Playing & Trading Strategy

I get the urge to dump my port about once a month, then it comes back. Don't give up. {nm}

Posted by: GruntNoNeck (a.k.a Retiree) on May 15, 14:39 in response to MitchC's post Is 3 Million.. A "Big Loss" to a port of a...

Is 3 Million.. A "Big Loss" to a port of a billion plus dollars. MitchC May 14, 10:27

a little less than 0.3%. nothing to sweat about, most of the losses are probably from commissions paid trying to chase volatile stocks. {nm} forlorne May 14, 13:22

Thanks. Some stocks did take big losses. I guess the number just got my attention. {nm} MitchC May 14, 13:39

The funny thing. With my "noticing the loss" I actually went up 13 places in the ranks yesterday, so maybe people took similar losses {nm} MitchC May 15, 03:17

Yeah, that's a good barometer to see how you're doing. If you're down less than those around you, that's good. ndmaster May 15, 11:33

I see your point, nd. I've lost another $500,000 so far today. The port seems very volatile the last 3-4 days {nm} MitchC May 15, 12:34

you can sort columns by gains/losses daily. are you holding some of the soon to be or recently released movies that are likely overpriced? {nm} forlorne May 15, 13:44

The only current movie I have is Avengers. I'm going to wait for that to delist. {nm} MitchC May 15, 15:25

I have never dumped my port even when I have million dollar losses a day. Such thought has gotten me to over a billion. I just keep trying {nm} MitchC May 15, 15:26

So, are you just running a bond portfolio, for all intents and purposes? ndmaster May 15, 21:48

Seriously? Down 0.1% is volatile? {nm} Antibody May 15, 18:23

Come on, don't you know he's related to Madoff... {nm} ndmaster May 15, 21:51

I get the urge to dump my port about once a month, then it comes back. Don't give up. GruntNoNeck May 15, 14:39

Probably my biggest vice is if I short something that plunges, it goes back up, and then I dump it. I rush in spite of my total . {nm} MitchC May 15, 15:29

Know why you short something, and what to expect. Then, if it goes your way, take profits, don't wait. {nm} ndmaster May 15, 20:05

nd, I short something because it keeps going down. sometimes I sell, and it goes down more, so I rebuy, wait for more drop, then sell again {nm} MitchC May 16, 04:43





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