stock market crash

[BABABlackSheep]

Never chase. Limit order still stands.

Pearson is an investment. Don't watch day to day, watch the quarters - it'll do very well.

Pearson made a 23m loss in the H1 2020 due to covid. I wouldn’t be expecting H2 to be much better. Sure it might be a recovery play when the virus has gone away, but to recommend it now makes no sense when there are companies who are making a fortune because of the lockdowns.

[BABABlackSheep]

You sound like one of the boiler room kids

#JustSaying

He does you’re right.

Not sure anyone should be investing in a stock that’s gone up over 80% since the start of October.

[Whorty]

That's okay - I have rules. Must wait for a higher low. Nothing goes up in a straight line. Apart from Tesla.

Did you take a position?

You mean, did I listen to your investment advice? Go on fella, have a guess?

As I've said before, I don't trade in individual shares - I hold my money long term, under the ISA wrapper, and only in tracker type funds.

I don't need to earn an income from this gambling game - slow and steady is fine for me

[Zigenare]

He does you’re right.

Not sure anyone should be investing in a stock that’s gone up over 80% since the start of October.

What percentage in the past 12 months?

[scooterscot]

Scoots,

You say you started 2 years ago.

By what % has your total capital grown (or shrunk) in that time?

At the end of the day, individual wins like CNL, even home runs, don't matter; the only thing that counts is your overall net P&L.

You may find it much harder than you think, over the long term, to beat a passive diversified (multi-asset) portfolio.

Absolutely; you're not wrong. Overall, excellent. Have not taken a new contract in nearly 2 years, and don't see a need to going forward. Hope it stays that way, have gotten used to the life this way.

If we're talking starting points, really 2016/7 is the starting point since getting involved with crypto and more recently stocks. Back of the fag packet calculation, around 22,000% gain from original capital.

10% off gains usually goes into cash and stays that way. The rest gets re-invested.

[scooterscot]

Pearson made a 23m loss in the H1 2020 due to covid. I wouldn’t be expecting H2 to be much better. Sure it might be a recovery play when the virus has gone away, but to recommend it now makes no sense when there are companies who are making a fortune because of the lockdowns.

I hear you... from a TA point of view, it is the bomb. The last quarterly candle closed with huge momentum from under. You don't ignore those signals.

From a fundamental, it looks like they're moving in a big way from paper to digital content to facilitate remote learning. Or even a move away from paper.

[TheGreenBastard]

Back of the fag packet calculation, around 22,000% gain from original capital.

And what was your starting capital?

[Whorty]

And what was your starting capital?

£1

22,000% over that 2 years just happens to be the same as Job Seekers Allowance*









* I made that number up and can't be bothered to see how must JSA is per year!

[scooterscot]

And what was your starting capital?

A five figured sum.

[Zigenare]

A five figured sum.

INKSPE!