Advertisement

Author Topic: Is 5k dollars a lot to you? I'm a small stake guy when it comes to stocks.  (Read 785 times)

0 Members and 1 Guest are viewing this topic.

Offline one-tai

  • Jr. Poster
  • ***
  • Posts: 1078
  • Respect: +37
    • View Profile
I have close to 1k shares of individual stocks. These were gifted. It went up from 11'ish dollars to 16'ish dollars last week. I thought about selling it once it hit 16 dollars but didn't. Now, in theory, I'm down 5k roughly because it's back to 11'ish dollars. And yes, 5K is a lot of money.


« Last Edit: February 01, 2021, 03:23:55 PM by one-tai »

Like this post: 0

Adverstisement

Offline one-tai

  • Jr. Poster
  • ***
  • Posts: 1078
  • Respect: +37
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy with it comes to stocks.
« Reply #1 on: February 01, 2021, 02:25:37 PM »
In theory, it would have been so cool had I sold it for 16 dollars per share and rebought those shares the following day @ 11 dollars per share. I'm beginning to under stocks a little more.



Like this post: 0

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 36121
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy with it comes to stocks.
« Reply #2 on: February 01, 2021, 02:39:30 PM »
In theory, it would have been so cool had I sold it for 16 dollars per share and rebought those shares the following day @ 11 dollars per share. I'm beginning to under stocks a little more.


Buy low
Sell high


that's pretty much it
stock move up and down through the day/week/months
buy when it low during the day
and sell when it goes back up


rinse and repeat the next day

you can swing weekly/monthly
whatever float your boat



Like this post: 0
God did not created man...man created god

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 36121
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy with it comes to stocks.
« Reply #3 on: February 01, 2021, 02:42:30 PM »
I have close to 1k shares of individual stocks. These were gifted. It went up from 11'ish dollars to 16'ish dollars last week. I thought about selling it once it hit 16 dollars but didn't. Now, in theory, I'm down 5k roughly because it's back to 11'ish dollars. And yes, 5K is a lot of money.

yeah man

$5k is a lot of money...
that's at least two good angus cow


no worry
it's just paper loss/gain
until you sell it
 O0 ;D



Like this post: 0
God did not created man...man created god

Offline DuMa

  • Elite Poster
  • *****
  • Posts: 17907
  • Gender: Male
  • -(>^_^<)- 052806
  • Respect: +742
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy with it comes to stocks.
« Reply #4 on: February 01, 2021, 02:48:13 PM »
Two players

A.  Bought at 11 and holding the bag never sold till it rides up to 30 and sell

B.  Bought at 11 and went to 16 and sold.. went down to 11, buys all in and rides up to 30 and sell

Player B makes more money

so if you understand this example, you can ride it till a million. 




Like this post: 0
X_____________ ______________ ______________ ___

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 36121
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy with it comes to stocks.
« Reply #5 on: February 01, 2021, 02:54:43 PM »
Two players

A.  Bought at 11 and holding the bag never sold till it rides up to 30 and sell

B.  Bought at 11 and went to 16 and sold.. went down to 11, buys all in and rides up to 30 and sell

Player B makes more money

so if you understand this example, you can ride it till a million.


yeah man
that's where it is at

that's why your boy ROCK play the game everyday



Like this post: 0
God did not created man...man created god

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 36121
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy with it comes to stocks.
« Reply #6 on: February 01, 2021, 02:59:02 PM »
depend on your styles
you can do daily, weekly, monthly







Like this post: 0
God did not created man...man created god

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 36121
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy with it comes to stocks.
« Reply #7 on: February 01, 2021, 03:00:41 PM »
i would avoid the single stock
they moved too fast for me

my reaction is just too slow

stick to ETF... they move super slow



Like this post: 0
God did not created man...man created god

Offline one-tai

  • Jr. Poster
  • ***
  • Posts: 1078
  • Respect: +37
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy when it comes to stocks.
« Reply #8 on: February 01, 2021, 03:26:56 PM »
Thanks for the advice fellas. Until you get your hands dirty, you aren't going to understand or know. I'm learning like those who want to self improve.



Like this post: 0

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 36121
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy when it comes to stocks.
« Reply #9 on: February 01, 2021, 03:34:50 PM »
Thanks for the advice fellas. Until you get your hands dirty, you aren't going to understand or know. I'm learning like those who want to self improve.

Welcome to the white mans game

If you look at the stock that was gift to you
It probably move up and down the whole day
While in downward or upward trend


If you buying
Someone is selling

Vice verse




Like this post: 0
God did not created man...man created god

Offline theking

  • Elite Poster
  • *****
  • Posts: 59288
  • Respect: +1322
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy with it comes to stocks.
« Reply #10 on: February 01, 2021, 04:09:36 PM »

that's pretty much it
stock move up and down through the day/week/months

You see why I pointed out your "Apple always go up" WRONG claim...

and even provided visual aide to help you see but you couldn't..



...PH sucks ...

 :idiot2: ;D ;D ;D



Like this post: 0

Offline hmgROCK

  • Elite Poster
  • *****
  • Posts: 36121
  • The Hmong Nostradamus
  • Respect: +217
    • View Profile
Re: Is 5k dollars a lot to you? I'm a small stake guy when it comes to stocks.
« Reply #11 on: February 02, 2021, 06:52:46 PM »
$5k

Thats two good size bull angus cattle
Just talking about it
Makes my mouth water

 ;D O0

Cash out
Use that money to do a cow party for your old man
They will be happy and proud of you



Like this post: 0
God did not created man...man created god

 

Advertisements