Originally posted by jamesbrown
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stock market crash
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Originally posted by Paralytic View Post
But hey, even I'm not right 100% of the timeI am what I drink, and I'm a bitter manComment
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Originally posted by Old Greg View PostOnly if denominated in pretend crypto from a demo trading account.Comment
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Originally posted by jamesbrown View PostAt the pretend university of scootie, that's the first thing they placate you with.Comment
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Originally posted by scooterscot View PostCompetition time. Centrica was my Spring bet, kept a cool head (you all help really you do keep it coming) and took the profits. Now I'm looking for the next thing. After a period of study I've a FTSE Autumn bet that I believe has a high probability of a good return.
Anyone else got a FTSE pick they believe will do well in the months ahead?
My current portfolio I have just 4 IT’s, massively tech heavy, so I watch the Nasdaq as much as the FTSE.
In the past year:
SMT.L is up 94.65%
SSON.L is up 21.85%
BGS.L is up 29.77%
EWI.L is up 55.91%
I’ve held the top 3 for at least a year.
So if it has to be a FTSE 100 Share I’ll go for SMT.L to continue to Shine..its 978.26.
..else I’ll go with BGS.L, its gone up 26.94% in 3 months already. Today at 241.50, up 1.36%Comment
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I hope Scoots is more resilient than I was because, if not, he's putting himself on the slippery slope.
Psychological Coping Strategies for Handling Losses
"In the event of particularly severe losses, and even possibly with those that do not threaten one's financial survival, there are cases in which people suffer from depression or even despair. As such, they may resort to those negative coping strategies discussed above, or worse."Last edited by DealorNoDeal; 29 September 2020, 12:31.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View PostI hope Scoots is more resilient than I was because, if not, he's putting himself on the slippery slope.
Psychological Coping Strategies for Handling Losses
"In the event of particularly severe losses, and even possibly with those that do not threaten one's financial survival, there are cases in which people suffer from depression or even despair. As such, they may resort to those negative coping strategies discussed above, or worse."Comment
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Originally posted by Old Greg View PostDenial is pooper's strategy. The sad thing is that it costs him economically, as he'll hold an asset worth less than he paid, rather than bail out early.
The Art of Cutting Your LossesFirst Law of Contracting: Only the strong surviveComment
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Originally posted by scooterscot View PostDon'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.Originally posted by _V_ View PostHe doesn't understand that the markets change continuously, future events happen that change the trajectory of an asset, nor does he understand opportunity loss.
The Art of Cutting Your LossesComment
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With some things, you can hold on in the hope that they recover. (Even the tulip I bought 7 years ago may one day get back to break even.)
However, that's not an option with options. You don't have the option to keep holding forever.
Although, I suppose if the first $250k put expires worthless, you could just buy another one. (Please don't!)Last edited by DealorNoDeal; 29 September 2020, 13:15.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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