There is NO MORE RISK in the stock market...!

[Nobert]

She flat out told me... and I quote.... "you just don't understand how the stock markets work".

I smiled, (rolled my eyes), grabbed my cheap ass blanket and their bs pillow... and settled in for a nap.
I'll never forget it.

Because of situations like this, by your age, maybe i will master it -

Related to this, been there few times. Best one was when a random guy in hotel, told me that the least amount of any shares that you can buy is 1000.
And the deal has to be no less than $50 000.

 

[Nine_Ender]

Isn't that a good feeling?!

Just buy a Winmau dartboard... and instant cash ! Hooray!

(PIGS actually DO NOT get slaughtered in crazy-ass USA. Its a new paradigm!)

From August 19, 2020 :

All minimal good news is bought and all bad news is ignored. Nothing is factored in or discounted like the past 100+ years.

WHAT?!

Who are the nutjobs or geniuses buying nasdaq at this level? I must have learned nothing in the past 20 years after witnessing the nasdaq bubble pop in 2000-2001.

You've been clueless for quite a while now it seems.

 

[RedDuke]

From August 19, 2020 :



You've been clueless for quite a while now it seems.

It is really hard to time the top. And for many capital preservation is more important. Those of us who lived through .com and 2008 busts try to be cautious

 

[iceman1]

From August 19, 2020 :



You've been clueless for quite a while now it seems.

So true!

Good thing I made a LOT of money and retired in 1997 from law practice (I returned many years later) .

 

[Nine_Ender]

It is really hard to time the top. And for many capital preservation is more important. Those of us who lived through .com and 2008 busts try to be cautious

Which is all the more reason not to try to time the top. Most have major clues not long after the corrections start. What I've learned is it's often much easier to recognize and buy the floors ( indexes, stocks, sectors ). Far easier then calling tops. If things get dicey, I pull positions knowing there will be some easy buy decisions at some point. Takes discipline but I've gotten much better at hitting the sell button when things don't feel right.

 

[deaddog]

It is really hard to time the top. And for many capital preservation is more important. Those of us who lived through .com and 2008 busts try to be cautious

I don't like subjects this!!

When the crowd starts with "This time is different" it's time to start tightening your stops. I much prefer " It can't possibly go any higher"

 

[KCalhoun]

It can't possibly go any higher. Crash coming after Friday's jobs report. My 3rd top call. Or not....

 

[Overnight]

It can't possibly go any higher. Crash coming after Friday's jobs report. My 3rd top call. Or not....

You are forgetting seasonality, and a dovish fed.


FALSE!

 

[KCalhoun]

Yeah I've been wrong before, but dangit the market will drop someday.

 

[maxinger]

Isn't that a good feeling?!

Just buy a Winmau dartboard... and instant cash ! Hooray!

(PIGS actually DO NOT get slaughtered in crazy-ass USA. Its a new paradigm!)

You must have lost lots of money.
How much have you lost?