Originally posted by scooterscot
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Originally posted by fullyautomatix View PostYou sound like one of the boiler room kids
#JustSaying
Not sure anyone should be investing in a stock that’s gone up over 80% since the start of October.Comment
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Originally posted by scooterscot View PostThat'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?
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 meI am what I drink, and I'm a bitter manComment
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Originally posted by BABABlackSheep View PostHe does you’re right.
Not sure anyone should be investing in a stock that’s gone up over 80% since the start of October.Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.Comment
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Originally posted by DealorNoDeal View PostScoots,
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."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by BABABlackSheep View PostPearson 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.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostBack of the fag packet calculation, around 22,000% gain from original capital.Comment
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Originally posted by TheGreenBastard View PostAnd what was your starting capital?
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!I am what I drink, and I'm a bitter manComment
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Originally posted by TheGreenBastard View PostAnd what was your starting capital?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostA five figured sum.Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.Comment
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