@Rush51 Yessir, we have all had that sort of thing happen. I have a large position in SMH and think it is positioned to continue up. In another account I have a nice position in SOXL. It is a 3X leveraged BULL Semis ETF. I have a lot of confidence in this market and all of the AI stuff going forward. I have several of the smaller and various AI related stocks.
Good for you Raiders... but please,... don't remind me of what I'm missing ! JK.
It would take a significant drop for me to back in, and I just don't see it. .. but who knows.
0
Quote Originally Posted by Raiders22:
@Rush51 Yessir, we have all had that sort of thing happen. I have a large position in SMH and think it is positioned to continue up. In another account I have a nice position in SOXL. It is a 3X leveraged BULL Semis ETF. I have a lot of confidence in this market and all of the AI stuff going forward. I have several of the smaller and various AI related stocks.
Good for you Raiders... but please,... don't remind me of what I'm missing ! JK.
It would take a significant drop for me to back in, and I just don't see it. .. but who knows.
Thanks, Rush51 win some lose some. Had some great opportunities like when GE after split had 6000 shares almost bought 5 Sares BRK.A it was around 35000 to 38000 a share. But not complaining did well over all. Made most of my money in real estate 19 - 20 years old owned house & brand new duplex. Late 1970's Delaware Cash Fund was paying 18 to 19%. another home run. Enough about me, funeral director wants me to write book about our Neiborhood. Talk later hope you & Raiders22 much success & happy holidays, BLESSED ONES !!!
Good stuff, artdb.. this business is full of missed opportunities, but it sounds like the 3 of us can focus on the more that we've gotten right.
I'm a big believer in index fund investing and the "buy and hold " mantra, but for the 10% I like to invest in stocks/ETFs, they have also done well.
Merry Christmas to you !
1
Quote Originally Posted by artdb:
Thanks, Rush51 win some lose some. Had some great opportunities like when GE after split had 6000 shares almost bought 5 Sares BRK.A it was around 35000 to 38000 a share. But not complaining did well over all. Made most of my money in real estate 19 - 20 years old owned house & brand new duplex. Late 1970's Delaware Cash Fund was paying 18 to 19%. another home run. Enough about me, funeral director wants me to write book about our Neiborhood. Talk later hope you & Raiders22 much success & happy holidays, BLESSED ONES !!!
Good stuff, artdb.. this business is full of missed opportunities, but it sounds like the 3 of us can focus on the more that we've gotten right.
I'm a big believer in index fund investing and the "buy and hold " mantra, but for the 10% I like to invest in stocks/ETFs, they have also done well.
I think it is still the plan. Nothing has changed for you.
"Plan the trade and then trade the plan."
I am thinking there will be a drop at some point in NVDA . So, maybe AVGO does as well. But in the meantime you had a great JUMP in AVGO and it might still make a move back to 250 or even 280ish range. So, there is a good chance your plan is still correct and NVDA may bottom out between now and sometime in JAN.
But if you are worried about 'losing' some of those great profits you just made, just put a trailing stop in place and lock them in.
Another thing, depending on your tax situation, at least you will not have to worry about those profits this tax year.
You cannot regret every 'missed' play or 'mis-timed' play.
0
@artdb
I think it is still the plan. Nothing has changed for you.
"Plan the trade and then trade the plan."
I am thinking there will be a drop at some point in NVDA . So, maybe AVGO does as well. But in the meantime you had a great JUMP in AVGO and it might still make a move back to 250 or even 280ish range. So, there is a good chance your plan is still correct and NVDA may bottom out between now and sometime in JAN.
But if you are worried about 'losing' some of those great profits you just made, just put a trailing stop in place and lock them in.
Another thing, depending on your tax situation, at least you will not have to worry about those profits this tax year.
You cannot regret every 'missed' play or 'mis-timed' play.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on
this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide
any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in
your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner
of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.