stock market crash

[scooterscot]

Poopers got strategy - don’t sell at a loss, which is why he says it’s a marathon

btw Pooper - the original marathon runner died after delivering the message

News for you, we're all gonna die.

Die running or die trying or watching Netflix, which are you?

[DealorNoDeal]

136%
etc

Did you really mean 136% ie. £1000 became £2360

Or did you mean +36% ie. £1000 became £1360

[AtW]

News for you, we're all gonna die.

Die running or die trying or watching Netflix, which are you?

Take a note people - he is not denying that he just does not sell at a loss...

[Old Greg]

Don't have any yet. Don't sell losses, makes no sense. Why do people sell at a loss? That's capitulation... I only do win.

They have a value. If the value is less that you paid, then they're a loss.

[AtW]

They have a value. If the value is less that you paid, then they're a loss.

Scootie ain’t no user of them elitist mark to market thingies

[Old Greg]

Scootie ain’t no user of them elitist mark to market thingies

If you own 5000 quids' worth of Centrica shares, the fact that you paid 10,000 for them is irrelevant. Pooper is just over-emotional and can't accept he's lost money. He's probably got a back garden full of old bangers that he can't bear to sell at a loss.

[scooterscot]

Did you really mean 136% ie. £1000 became £2360

Or did you mean +36% ie. £1000 became £1360

For me 130% on a $100k trade is $130k on sale.

[scooterscot]

They have a value. If the value is less that you paid, then they're a loss.

Exactly.

[DealorNoDeal]

For me 130% on a $100k trade is $130k on sale.

In which case, if compounded, the 29 trades you listed would...

...turn £1000 into £78m.

[AtW]

If you own 5000 quids' worth of Centrica shares, the fact that you paid 10,000 for them is irrelevant. Pooper is just over-emotional and can't accept he's lost money. He's probably got a back garden full of old bangers that he can't bear to sell at a loss.

It’s only fiat anyway