I got in at $330 from the first round. Still waiting :/

Likewise. I don't have the guts to pull a trigger on something so turbulent.

Bitcoin and Ethereum gives me enough stress already.

It is stressful holding these, but I'm glad it's going higher and higher each day. Holding 6 at 211

Did you buy last time or on the rise this week?

FWIW, one friend has half his portfolio in GME and he's not worried.

I didn't think it was wise of me to buy more GME. Ended up getting more of nio instead.

Averaged down at 60, when i held a few at 300.

not in GME anymore but wtf happened just now lol
shit like that makes me happy i didnt fomo and buy back into it

Sold my GME and broke even at 330 lol

How can they keep getting away from pausing the market like this...

It needs to be fair ilovebacon

For the massive corporations.

Bought 10 averaged $134. Was going to buy lots at $38.50 a few weeks ago. Didn’t. I think this has a lot left to go.

Rogers buying Shaw announced this morning. No surprise, Shaw bolted out of the gates this morning.

Interesting though that they are still trading 15% or more below the takeover price. I suppose that reflects a strong belief that the deal might not go through - potentially on anti-trust concerns.

-Mark

That’s warren buffet’s style. The point was the typical diversifying is only for the ignorant.

Time held is irrelevant, it all depends on what time length your naturally tuned perceptual awareness to certain market information is.

I forgot who said it, but it went something like: people will always deny, doubt, and put down, what they, themselves do not have the ability to do.

Warren Buffet obviously does not have the ability to day trade or do anything in the short term. His edge is his way of filtering stocks, and time held.

Yes, you are right, most traders lose money going in and out of securities rather than holding long term. But you also forget MOST “traders” are also really shitty traders that lose money overall, and could be hardly considered “traders”. More like people with full time jobs and trading... gambling, as a side hobby.

Mark Douglas once begged the question of whether the difference between consistent winners and everyone else boiled down to intelligence... or if they worked harder... or if they’re better analysts... or better trading systems? They all sound possible except when you consider that most of the trading industries failures are also societies brightest and most accomplished people.

The largest group of consistent losers is made up of primarily doctors, lawyers, engineers, CEO’s, wealthy retirees and entrepreneurs. On top of that the industry’s best market analysts are the worst traders imaginable.

You just have to find your edge and keep at it.

MOST people lose money going in and out of the market, but some don’t. It’s your duty to find out if you’ve got the stuff other traders wished they had.

Look at traders like Jesse Livermore, Richard Dennis & the Turtles, & Paul Tudor Jones. There are hundreds of thousands of others similar to them that fly by unseen. None of them trade like Warren Buffet.

Like I said above, people doubt what they are inept at.

You don’t have to know what happens next, to make money in the markets. You just have to be consistent in managing your entries and exits after you enter.

All the research in the world doesn’t matter if most of the traders out there don’t read about, or are oblivious to that information. At the end of the day it’s the traders that move the markets, not some mathematical economics theory. And traders repeatedly do stupid irrational things all the time, which these fundamental information do not account for.

pretty funny and relevant.

See a jump in Canadian Pacific Railway tomorrow? Or the company that gets bought out, their stock shoots up? Kansas City Southern? Or, both?

I’m guessing Tesla will pump Monday morn after Cathie Woods new price target. Might sell and buy back in Tuesday when it dips again, lol. I never have the balls to swing trade this stuff.

Cathie Woods just trying to save her own hide. Arkk has lost >10% recently and Tesla makes up a big part of the ETF.

XBC.TSE

The End of Tesla’s Dominance May Be Closer Than It Appears: Elon Musk’s upstart still rules, but traditional automakers are catching up fast.

https://www.bloomberg.com/news/artic...r-businessweek

How rustled are Teslaphiles' jimmies gonna get? :Popcorn

what PT you are looking at? $10?
entered @ 4.45, holding till Friday

This will be one of my few super long term holds.

The plan is hopefully that it goes up enough that they start paying dividends.

Bought it in my TFSA and will just leave it

I used 1/6th of the total amount I’m willing to invest and had orders at 4.54 which filled.

I also have orders at 3.75, 3.01, 2.51, 2.01, and 1.50.

I expect it to hit 30-40-50+ within 6-10 years.

Of course if it shoots up to 15-20 really fast I can always take profits and run

I need to see how low it goes before I can accurate gauge how high it’ll go in the near term.

I think it’ll go down more maybe. Lol. Hence why I didn’t go all in yet.

put down some more into suncor as it dipped yesterday. might look into moving it over to RSP later if i decide to just hold

bought suncor last year when it was in the $15 range.

holding it till $30-40 range.

yeah suncor is on my scope for long term too.

im still weary of the markets. the inner bear is coming out. weary.

I figure after arguing with you guys, thought about it... I figure I can do both strategies. I'll just do the long term shit in my TFSA, and all my day and swing trades in my normal account. since none of my strategies work in TFSA... I can't sell puts or day trade lol. And I'm definitely not gonna buy options in my TFSA lol.

In fact I was so lazy I thought about just buying the sp500 instead, and averaging it out over time lol. but... nah. well maybe, I can start a 3rd "long term" trade and just do that, lol let u guys know in 20 years which strategy came out top haha.