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Just curious... anybody dabble in the stock market?

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Just curious... anybody dabble in the stock market?

Old 07-27-2018, 12:09 AM
  #41  
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This is a view of a cynical middle-aged man, but I have a problem with tech stocks of companies that don't produce anything and just peddle your personal info to third parties so that they can peddle garbage to you. They said $120B of value was wiped out, to which i say who gives a **** about a company that doesn't produce anything? This is not General Atomics, Caterpillar, Intel, Apple, Microsoft...What's worse - Facebook has NOTHING to follow up with onto success of its social media platform (unlike Google, Amazon, Netflix and a few others). They do have an awful lot of cash and people willing to give them money.
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Old 07-27-2018, 02:48 AM
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Part of the reason it dropped so hard was in the meeting they said the coming quarters was going to see revenue drop off even more quickly.

Unless you think you can make money on a put option, I don't think I'd take any of that gamble.
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Old 07-27-2018, 10:38 AM
  #43  
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Originally Posted by Joe Perez View Post
I can't help but think that this seems like a "buy" signal:



I've got about $100k sitting in cash in a broker account right now. Seriously tempted.
Only way I'd invest in FB right now is for extremely short term single digit % gains. I smell some serious resistance at 180.



btw, do any of you ever use trading view to overwhelm yourself with data and shower in your own ignorance of how to use it?

https://www.tradingview.com/chart/?symbol=NASDAQ:FB



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Old 07-31-2018, 11:17 AM
  #44  
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Originally Posted by samnavy View Post
It has it's place, but I'm still on the fence for a number of reasons, not the least of which is lack of browser support.
Licensed broker here in the industry. I'll throw in my $.02 here. There isn't inherently anything wrong with Robinhood for a beginner trader. Robinhood did a killer job of negotiating things with various market makers to make their $$$ on the order flow they feed, which is why they can offer free commissions. Most brokers are moving to similar models. What I've seen though in my experience with them is that the order fills tend to not be the greatest with working with conditional orders (limits, stops, bracketed orders, etc). My hunch is that their order execution logic is probably hunting around their pool of market makers to send the order to the maker most beneficial to the firm from a order flow payment perspective instead of going direct to the exchange's book to be filled. For most traders, this doesn't really matter much, but it can be an issue for individuals who trade larger lot sizes or trade more actively.

Otherwise, the common thing i hear when them is awful client support, which tends to be the norm for the deep discount brokerage houses out there. Depending on the trader, it can make sense to actually pay commissions to get a certain level of support on things. I know i've been in positions where i needed to call a brokers trade desk to close out when my platform ***** the bed or some other act of god. Just something to consider as well.

Just a few thoughts. Going back to the n00b cave now.

Disclaimer because rules n' stuff - This post is not intended to make a recommendation.Trading is risky.

Last edited by sometorque; 07-31-2018 at 11:27 AM.
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Old 07-31-2018, 11:26 AM
  #45  
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Originally Posted by Joe Perez View Post
I'm still about $110k long in my discretionary account. While I admit that I have a poor track record of predicting trends, my gut feeling is that this situation we're in right now is going to last a while, and will get worse before it gets better.

Wrestling with whether to stay in, or to step aside for a while and get ready to maybe pull the trigger on something like RYVTX.
Most of us are going to have a hard time predicting trends. 99% of people out there who claim they can time the market are full of it. It's almost impossible to do because once you've done all your technical/fundamental analysis, you're still going to get a large swath of traders who trade purely on emotion without any strategy, often contradictory to what the technicals would lend one to do.

Disclaimer because rules n' stuff - This post is not intended to make a recommendation.Trading is risky.
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Old 07-31-2018, 01:26 PM
  #46  
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**** it.

I'm back in at $100k long. Just bought 592 of IVW at 168.7814.

Tired of sitting on the sidelines.

And TDAmeritrade PWNS Vanguard when it comes to execution time on ETFs. 5 seconds vs. 24 hours.
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Old 08-03-2018, 04:36 PM
  #47  
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Originally Posted by Joe Perez View Post
**** it.

I'm back in at $100k long. Just bought 592 of IVW at 168.7814.

Tired of sitting on the sidelines.

And TDAmeritrade PWNS Vanguard when it comes to execution time on ETFs. 5 seconds vs. 24 hours.
Out of curiosity, was this your own experience with Vanguard? Most executions on the order are going to hit in milliseconds. The actual fill however can take time, but 24 hours is insane unless the trader is trading using limit orders (order will only FILL if the price if at X> if buying or >X is selling) or if they're using certain other conditional orders/time duration (I.E a FOK Fill or Kill orders come to mind). On something like an ETF that reasonably liquid, you'd usually see order execution and then the fill within a second or two if going in at market.

Disclaimer because rules n' stuff - This post is not intended to make a recommendation.Trading is risky.
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Old 08-08-2018, 11:04 AM
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Originally Posted by Joe Perez View Post
**** it.

I'm back in at $100k long. Just bought 592 of IVW at 168.7814.

Tired of sitting on the sidelines.

And TDAmeritrade PWNS Vanguard when it comes to execution time on ETFs. 5 seconds vs. 24 hours.
24 hours? Something is wrong there. If you placed a market order and the volume is there - the execution should be almost immediate.
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Old 08-08-2018, 11:13 AM
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Originally Posted by mreakus View Post
24 hours? Something is wrong there. If you placed a market order and the volume is there - the execution should be almost immediate.
The execution is almost immediate (most brokers have a latency in the 50ms range or so). The full however depends on the order type being used. I'd wager that he probably used some limit or bracketed order that had a target entry that simply wasn't hit or perhaps had an FOK or IOC duration set. I've been guilty of this myself without realizing until calling up the broker. Happens to the best of us from time to time.

Disclaimer because rules n' stuff - This post is not intended to make a recommendation.Trading is risky.
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Old 08-08-2018, 11:14 AM
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Originally Posted by sometorque View Post
Out of curiosity, was this your own experience with Vanguard?
Originally Posted by mreakus View Post
24 hours? Something is wrong there. If you placed a market order and the volume is there - the execution should be almost immediate.
Personal experience, been a while since I traded with them.

My recollection is that Vanguard-brand funds executed immediately, but third-party ETFs took forever. I kind of secretly suspected that this was something which they did deliberately. No limits, these were straight market orders.
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Old 12-10-2018, 04:52 PM
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Bump. VIX has been up over 20 the last few days and my retirement account has taken some hits. How's everyone out there looking?
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Old 12-20-2018, 06:36 PM
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Well, I seem to be good at picking the top of a market, that's for sure. Problem is that I seem to do the wrong thing.

After '08, I told myself that the next time the market started panicking, I'd follow the herd rather than stubbornly riding the bear. I'm having a difficult time convincing myself that that is truly the best idea right now.
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Old 12-20-2018, 06:55 PM
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pretty sure I actually lost money this year, as opposed to making 3-10% in the past 10 years
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Old 12-20-2018, 06:56 PM
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Originally Posted by Joe Perez View Post
Well, I seem to be good at picking the top of a market, that's for sure. Problem is that I seem to do the wrong thing.

After '08, I told myself that the next time the market started panicking, I'd follow the herd rather than stubbornly riding the bear. I'm having a difficult time convincing myself that that is truly the best idea right now.
If youíre still wondering what to do then itís likely best to do nothing at this point. You were somewhat diversified before the turn right?
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Old 12-20-2018, 06:59 PM
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Originally Posted by bahurd View Post


If you’re still wondering what to do then it’s likely best to do nothing at this point. You were somewhat diversified before the turn right?




My non-401k exposure is just straight S&P 500 index.

What gives me pause is that right now, I'd only be out 12.2% if I decided to exit.

In '07, at this point, I was thinking "Nah, the fundamentals haven't changed, it'd be stupid to take a loss." And then, of course, the market as a whole proceeded to lose an additional 40% or so. By the time I finally decided to get out (which turned out to be a dumb idea, hence my present hesitation), I'd have been better off buying a new Porsche 911 from the dealership, driving it exactly once, and then setting it on fire.

What's even scarier is that I've been eyeballing double-inverse ETFs...
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Old 12-20-2018, 07:33 PM
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Originally Posted by Joe Perez View Post
My non-401k exposure is just straight S&P 500 index.

What gives me pause is that right now, I'd only be out 12.2% if I decided to exit.

In '07, at this point, I was thinking "Nah, the fundamentals haven't changed, it'd be stupid to take a loss." And then, of course, the market as a whole proceeded to lose an additional 40% or so. By the time I finally decided to get out (which turned out to be a dumb idea, hence my present hesitation), I'd have been better off buying a new Porsche 911 from the dealership, driving it exactly once, and then setting it on fire.

What's even scarier is that I've been eyeballing double-inverse ETFs...
My Tax deferred account is index funds: equities and bonds

My taxable accounts are all specific stocks & typically dividend paying stuff. Iíve sold some things this year; GE & J&J (recently, 1/2 the position) but otherwise theyíve done well. Iíve used the profits to increase our cash position.

I did make a mistake by buying back into GE near itís low which went lower so technically iím down on that.
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Old 12-20-2018, 11:06 PM
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I never follow the 500. The small caps have more room to grow in their respective markets and a small cap index is a broader spread than 500 or any other large cap arrangement.
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Old 12-21-2018, 08:59 AM
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Originally Posted by sixshooter View Post
I never follow the 500. The small caps have more room to grow in their respective markets and a small cap index is a broader spread than 500 or any other large cap arrangement.
I tend to look at the various sectors. Not all sectors are on the same business cycles. Putting all your money into one index/stock/sector is a recipe for losing. IMHO
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Old 12-21-2018, 10:14 AM
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Originally Posted by bahurd View Post


I tend to look at the various sectors. Not all sectors are on the same business cycles. Putting all your money into one index/stock/sector is a recipe for losing. IMHO
Exactly. That's why having a fund with 1400-ish different small cap companies in wildly diverse fields is a good, safe spread and it outperforms the S&P500.

Take a look at this diversity: https://investor.vanguard.com/mutual...folio-holdings

And the performance is nice, too.



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Old 12-21-2018, 10:22 AM
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I'm puzzled by the second chart- it shows the opposite of the first one.
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