I agree with his sentiment. Lost Opportunity is as great of a sin as losing money.
More people lost money waiting for correction
- Thread starter qlai
- Start date
I agree with his sentiment. Lost Opportunity is as great of a sin as losing money.
Sara Eisen of CNBC makes $700,000 a year, what a jig if you can land it. Of course, it helps she is good looking. Have caught her more than one time on her falsehoods and called her out on it but, she never replied when I was on Twitter (have already deactivated my account). I guess it is easier to ignore someone than, answer a difficult question.
I'd rather lose opportunity than lose money. You can't spend woulda coulda shoulda.
Funny with math. You can shows all kinds of outcomes.
Sell short at 200, goes to 100. Make a 100% gain.
On the other hand buy at 200, and it goes to 100, a 50% loss. No biggie you say just hold on until ..... you get a 100% move
back to breakeven. Drops happen a lot faster than rises, even with Fed Free Money Daze.Guessing right, whichever happens to be right at that time, and diligent use of stops determine outcome, not rigged math.
%%Corrections are against not with trend.
That is why they are called ... corrections.
Good correction on correction\defined .
IBD founder made a fortune off BUY HIgHS/it is hard to do /even harder with TQQQ.................................So buy some @ higher highs + rest some orders on a good corrrection/pullbacks against main UP trend
,
Funny with math. You can shows all kinds of outcomes.
Sell short at 200, goes to 100. Make a 100% gain.
On the other hand buy at 200, and it goes to 100, a 50% loss. No biggie you say just hold on until ..... you get a 100% move
Guessing right, whichever happens to be right at that time, and diligent use of stops determine outcome, not rigged math.
Not really. Your math is wrong. Short at 200 cover at 100 is a 50% gain. You cover at 0 that's a 100% gain.
You are outing yourself as a gay bear.
Hey murray,
correct me if im wrong, but in his book, or based on it, he was only adding to those(buying the dips), while the core block (say 50%-60%), was already build prior the stock took off.
We don't know (at least i don't), what was the initial block size in % tho & and how much in % he would add until positions was fully build.
P.s., honestly, his net worth is quite low - $110M, a paranoid side whispers to me, that the majority of it could have been build via books/IBD and not investing.
Noneless, his book ,,How To Make Money in Stocks'', is always the first one i recommend to anyone.
%%
NO tellin' what he got for selling his mutual fund + computer info to institutions .
After buying on new highs, he did buy some on 50dma pullback..............................[Speculation based on his charts..........................................................]
Looking back a year and seeing where equities have traded and you would think it's absolutely insane to buy a stock at 178 a share that was 38 bucks. I mean even looking back just a few months and some stocks are up 50 to 100% . There will come a point where stocks are just so over extended that the even a 30% fall back would look like nothing even happened on a 1 year chart.
Every asset class is in a bubble, there isn't a worry in the world and only people predicting higher highs. Eventually the music stops and asset classes collapse. It always happens.
Here specifically opportunity is being long the market vs waiting for a down swing to enter at a lower price. it doesn’t apply to speculation.
if you like an investment buy it now instead of waiting for a time that the price might drop. NYC real estate is down a lot - it’s still higher from when my wife and I considered a second home there in 2014