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Trading the stockmarket (NO Referrals)

Discussion in 'General Discussion' started by mcast123, 2 Apr 2009.

  1. Kreeeee

    Man of Honour

    Joined: 13 Jul 2004

    Posts: 43,174

    Location: /* */

    It's only really an issue if you are day trading. Depending on your strategy and goals it could have very little impact on you.
     
  2. Rex-Kramer

    Wise Guy

    Joined: 13 Nov 2003

    Posts: 1,706

    Location: Chester

    I’ve Yolo’d into Blackberry.

    I can’t help but feel GME is about to go pop so staying out.

    Probably wrong!
     
  3. mid_gen

    Capodecina

    Joined: 20 Dec 2004

    Posts: 11,109

    BB up 8% in about an hour since I bought. Ridiculous really.

    Chatter on WSB is that they're going to pile in on BB next week after GME closes out on Friday.

    Going to keep this couple of grand aside from my 'normal' investments, for jumping on whatever the next WSB nonsense it.
     
  4. Noxia

    Sgarrista

    Joined: 30 Dec 2010

    Posts: 8,591

    Location: Wiltshire

    Don't know how big personal investors handle it, I get obsessed with watching the ticker and find it quite stressful. To the point I may take my profit and leave it tonight. I don't get the Friday thing with GME.
     
  5. wozza2k

    Wise Guy

    Joined: 23 Sep 2008

    Posts: 2,201

    Location: London

    That's when the shorts expire.
     
  6. englishpremier

    Sgarrista

    Joined: 15 Feb 2003

    Posts: 8,068

    Location: Europe

    T212 will still probably have its block on GME by then
     
  7. Noxia

    Sgarrista

    Joined: 30 Dec 2010

    Posts: 8,591

    Location: Wiltshire

    Oh ok, I may out a sell order in because I'm getting feeling of dread seeing it at a price I want to sell at and not being able to because they decided to freeze the market or tech issues.
     
  8. Krono5

    Wise Guy

    Joined: 16 Dec 2008

    Posts: 1,091

    Sold 50% of my GME shares just to hedge. I still expect it to continue to rise, especially after hours but now I've locked in considerable profit and can't lose.

    Edit: screw T212, as soon as I close all my positions I'm leaving.
     
  9. mid_gen

    Capodecina

    Joined: 20 Dec 2004

    Posts: 11,109

    Hilarious.

    My BB buy is up 25% while I had my dinner.
     
  10. englishpremier

    Sgarrista

    Joined: 15 Feb 2003

    Posts: 8,068

    Location: Europe

    53% on BB. Wasn't even expecting much movement unless there was news from the company over the coming months. Seems people have been jumping on it after seeing GME (completely different), and FOMO.
     
  11. silversurfer

    Capodecina

    Joined: 13 Jul 2004

    Posts: 19,194

    Location: Stanley Hotel, Colorado

    Dont have more then 10% in one stock long term seems best. Thats done on current value because presumably you have a mortgage to pay off long term or other places to put the capital. An aggressive trailing stop loss is ideal to sell as its rising, be aware of earnings and other events out of hours. Or another thing would be to sell the plain stock and take a managed investment fund that holds this stock and watch it like a hawk for you I guess, like Scottish Mortgage have TSLA I think.



    All shorts being non viable is helped by excessively easy monetary policy so pretty sure this is another sign volatility is a bull market and thats the ongoing theme with every surprising move
     
    Last edited: 27 Jan 2021
  12. mid_gen

    Capodecina

    Joined: 20 Dec 2004

    Posts: 11,109

    It's getting pushed on WSB....nothing to do with the business itself!
     
  13. Apex

    Capodecina

    Joined: 12 Feb 2006

    Posts: 12,538

    Location: Surrey

    Anyone else having trouble with accessing reddit right now?
     
  14. Russinating

    Capodecina

    Joined: 27 Dec 2005

    Posts: 16,430

    Location: Bristol

    Thanks. I, as I'm sure like many other regulars here, hugely value your contributions which fall on the more informed/educated/sensible side of the spectrum...

    Sorry, I mean boring ;)
     
  15. Casdawer

    Mobster

    Joined: 14 May 2009

    Posts: 3,887

    Location: Hampshire

    Chucked £500 at AMC around 17:30 and already up £170 so not bad going for an hour and a half!

    Tempted by BB but doubt it (and AMC) will ever hit GME numbers.
     
  16. booyaka

    Capodecina

    Joined: 19 Jan 2006

    Posts: 13,627

    fine for me.

    Still just says buy - BB/NOK/GME :D
     
  17. englishpremier

    Sgarrista

    Joined: 15 Feb 2003

    Posts: 8,068

    Location: Europe

    I'm aware, but ignoring WSB the business itself has some medium term future.
     
  18. Spleen Sauce

    Wise Guy

    Joined: 16 Jan 2005

    Posts: 1,347

    Location: UK

    Completely let down by T212 today, yet again. I know they need to protect themselves and what-not but they failed miserably and won’t admit any fault or offer anything to those who lost out because they couldn’t cope with demand, on what they knew was one of the busiest trading days of the year.
     
  19. booyaka

    Capodecina

    Joined: 19 Jan 2006

    Posts: 13,627

    I'm letting GME ride over night - see what happens
     
  20. Dr House

    Capodecina

    Joined: 17 Oct 2002

    Posts: 13,223

    Location: London / Prague

    Same here maybe until Friday.