Search results

What depends on what stock you're buying?

depends on how you define capital In my mind capital is money Stocks are assets. Your money is lost when you buy a stock ----> Your assets increase when you buy a stock

I consider trading a business. I buy assets and hope to sell them at a higher price than I paid for them. {Any asset be it equities, futures, options or currency. I currently trade equities)) I have a ledger so to speak. On one side is my money and on the other is my assets. Add them together...

Or a Lambo, I hear they are a pretty good store of value. :)

Your losers might recover or might not, in the mean time your capital is tied up and not available to take advantage of any oportunities that might present themselves.

My point is that to think you haven't lost money till you sell is fooling yourself. You just haven't realized the loss you have.

If you start with a 100k portfolio and at the end of the year it's worth 80k you would have trouble convincing me that you didn't have a loss. I’m going to offer you an investment that is guaranteed not to lose money. It is based on the premise that if I don’t sell I haven’t lost any money...

True I guess. Back in the day I have traded stock certificates for other assets. I haven't actually been issued a stock certificate for years. You can use assets as collateral but you now run the risk of a margin call. Using excess margin is one of the causes of a bubble bursting. Try and...

I didn't expect that fromyou. :)

To those who claim it's not a loss until you sell, consider that once you buy a stock your money is gone. You now own an asset not a currency. You can't spend a stock. If you want to buy something you have to convert the stock back into money. You won't necessarily be able to sell it for what...

Ah I see. Not sure if it's a dividend or a return of capital but good luck.

I know I said I wouldn't bother you but what does that mean? How much BITO did you pick up?

Reminds me of the story of the kid practising his sax causing the dog to howl. His father trying to watch TV finally had enough, went to the kids room, knocked on the door and hollered, "can you try and play something the dog doesn't know".

OK I'll buy that.

How so?

Yup you post your plan but it's usually pretty vague. I have yet to see a trade confirmation. You claim you are ahead of the game yet you are out of capital. You have a credibilty problem. But you are right, it's none of my business. I've paid enough attention to your trading to know that...

All after the fact. You know how to take a screen shot right? Extraordinary claims require extraordinary evidence. I made 16k could easily be accompanied with a couple trade advises.

It's probably because you go to great lengths to tell us we are doing every thing wrong, yet even with calling your trades after the fact (with no documentation) you seem to be underwater and out of capital. Extraordinary claims require extraordinary evidence!!

It makes sense to me to protect my capital. Sooner or later you run the risk of having a position not work out. Next downturn you'll find me in cash. And althought it's a worst case scenario it's the one you put out there. I just used your numbers to show that using stop losses gave you better...

I don't have a problem walking away from losses. If another opportunity shows up I'll trade it. I have no control over the market. I can only control what I do. Small losses protect my capital. One way I manage to do that is to not hold any losers in my portfolio. I don't believe it's the same...