- First Name
- Scott
- Joined
- Oct 3, 2020
- Threads
- 1
- Messages
- 110
- Reaction score
- 279
- Location
- Rosendale ny
- Vehicle(s)
- Vw gti, Nissan frontier
- Your Bronco Model
- Base
i get all my financial advice from automotive forums.
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I've been in the market a good while, but I never pass up an opportunity to learn from others. And yes, I trust people on here more than news articles and YouTube. Feel free to see yourself out, or I can call you a cab...i get all my financial advice from automotive forums.
In Canada too. Possibly more so.Not certain but probable. The political will in the US is currently to destroy the economy.
No thanks, I can drive myself. Can i interest you in a bridge?I've been in the market a good while, but I never pass up an opportunity to learn from others. And yes, I trust people on here more than news articles and YouTube. Feel free to see yourself out, or I can call you a cab...
Balance your portfolio with safe haven equities (NEE, etc), growth and income. Place stop losses as appropriate to protect the downside, then adjust them upward as long as we remain in a bull market. Don't be afraid to take small profits, then reinvest. The market will continue to bounce around with all the uncertainty in multiple sectors, but a balanced portfolio will help mitigate large swings. Remember, pigs get fat, hogs get slaughtered.Is Wells Fargo a sign? Do you think we're going to see a crash soon? What indicators would you look for? I've been on the market quite a while, but I know there's some seasoned folks on here. Just curious to hear what others think.
That is 100% true. If we could foresee every market move in advance, we would all be Gates-level wealthy. Thus, just take gains as they come and evaluate your risk tolerance to decide how far to stick your neck out.Side track ... But aftermarket trading is the problem with the market.
You close your day up and wake up in the morning to find out your stock dropped significantly overnight.
Normal stop losses don't work after hours and you can be left holding the bag from shenanigan's that the market manipulators did while bypassing all your safeguards.
I agree, but it would just be nice if I could put a stop loss knowing that I may not win but I can actually control my losses. But then to find out that that safety net actually is fake-ish sucks.That is 100% true. If we could foresee every market move in advance, we would all be Gates-level wealthy. Thus, just take gains as they come and evaluate your risk tolerance to decide how far to stick your neck out.
AmenI agree, but it would just be nice if I could put a stop loss knowing that I may not win but I can actually control my losses. But then to find out that that safety net actually is fake-ish sucks.
I've learned you have to make sure to tie your stop loss to a limit, but still you could be left holding the bag because the stock drops and now you're stuck with it hoping it will go back up or taking the hit.
Just for me personally it's aggravating to wake up in the morning and notice at 4:00 a.m. that my stock is down two or three percent and now I'm too low to sell.