Just curious... anybody dabble in the stock market? - Page 5 - Miata Turbo Forum - Boost cars, acquire cats.

Go Back  Miata Turbo Forum - Boost cars, acquire cats. > General Discussion > Insert BS here
Reload this Page >

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

Insert BS here A place to discuss anything you want

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

Old 12-26-2018, 05:19 PM
  #81  
Moderator
iTrader: (12)
 
sixshooter's Avatar
 
Join Date: Nov 2008
Location: Tampa, Florida
Posts: 18,143
Total Cats: 2,163
Default

Originally Posted by sixshooter View Post
Now that the price is down it is a great time to buy, not sell.
Ahem.
sixshooter is offline  
Old 12-26-2018, 05:23 PM
  #82  
Boost Pope
iTrader: (8)
 
Joe Perez's Avatar
 
Join Date: Sep 2005
Location: Chicago. (The non-murder part.)
Posts: 28,343
Total Cats: 2,598
Default

Originally Posted by bahurd View Post
Thought I'd leave this...
Yeah, I'm now re-thinking my previous position...
Joe Perez is offline  
Old 12-26-2018, 09:55 PM
  #83  
Elite Member
iTrader: (3)
 
Join Date: Mar 2008
Location: Granbury, TX
Posts: 6,143
Total Cats: 648
Default

Here's a good rule . . . whatever I do, do the opposite. I've now discovered that I am the sole market catalyst.
hornetball is offline  
Old 12-27-2018, 06:19 PM
  #84  
Junior Member
 
Join Date: Jul 2018
Location: Boca Raton
Posts: 90
Total Cats: 34
Default

Originally Posted by Ryan_G View Post
In theory. Studies show people, especially non-professionals, are pretty bad at this timing and end up underperforming the market even when they are investing almost entirely in indexes. Pick an asset class that fits your risk tolerance and stick with it. Rebalance quarterly. If your stomach turns from short term volatility you are either overestimating your risk tolerance or you need a Xanax.
Originally Posted by Full_Tilt_Boogie View Post
Its sucks, but Im just going to roll through it like always.

Also, professionals are pretty bad at timing markets too. Building a market portfolio is always the answer unless you know how to cheat (like building an infrared laser computer network all over wall street).
I'm a registered broker in the industry for the last almost 5 years, been trading for the better part of 10 years and even I can't time the market lol. Anyone that says they have the secret sauce is full of ****. You can however make somewhat educated "guesses" based on the technicals/fundamentals of a position, execute and hope for the best.

Keep in mind, most traders are emotional and instead of sticking to rules and a system, trade on feelings, which makes the market akin to a hormonal teeanger who's parents dont get them. Even when disciplined traders stay the course with their strategy, they're still fighting against an often illogical market that in many respects is driven off emotion.
sometorque is offline  
Old 12-27-2018, 06:43 PM
  #85  
Boost Pope
iTrader: (8)
 
Joe Perez's Avatar
 
Join Date: Sep 2005
Location: Chicago. (The non-murder part.)
Posts: 28,343
Total Cats: 2,598
Default

Originally Posted by sometorque View Post
Keep in mind, most traders are emotional and instead of sticking to rules and a system, trade on feelings, which makes the market akin to a hormonal teeanger who's parents dont get them. Even when disciplined traders stay the course with their strategy, they're still fighting against an often illogical market that in many respects is driven off emotion.
See, this is my problem.

Fighting against an illogical market is what me got me into trouble in '07. So I swore that the next time the herd panicked, I'd go along with the flow.

That's not worked well the past two days.
Joe Perez is offline  
Old 12-27-2018, 07:01 PM
  #86  
Elite Member
iTrader: (1)
 
Join Date: May 2009
Location: Jacksonville, FL
Posts: 4,861
Total Cats: 278
Default

This probably wont help anybody with their stock portfolio, but its an interesting read:

Amazon Amazon
Full_Tilt_Boogie is offline  


Thread Tools
Search this Thread

Archive Advertising Cookie Policy Privacy Statement Terms of Service

© 2018 MH Sub I, LLC dba Internet Brands

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.