The "I picked a winner!" gloating thread

[trainspotter]

GLOAT ... oh sorry ... I thought you meant GOAT ??

 

[fureien]

I'm not gloating. I just want to tell my investment and trading patterns. Here are my picks especially during the downtimes some for investing and some for trading:


GMG-.285 will sell at $1

fat chance thats gunna happen anytime soon. you will be holding for a year lol....if not u can come back here and brag about how i was wrong

I tried other stocks but some are dogs to me.

Gurus will say time in the market not timing the market. Rubbish.Tell that to the retirees!!! It's all about timing, topping up and selling when your happy with the profits. I buy most especially when the market is down. Oh and I don't sell when markets are down. I HOLD. Why? Because it always goes back to the price that I bought it. I will not make my broker rich just because I'm scared.

well said. ive wasted so much brokerage money before i realised this

 

[prawn_86]

Oh and I don't sell when markets are down. I HOLD. Why? Because it always goes back to the price that I bought it. I will not make my broker rich just because I'm scared.

Just like Allco, BNB, Bear Stearns, ABC Learning etc etc hey? Always go back up...

The market index may always go up (which is debatable in itself) but that does not mean every stock will. The market is an index which is constantly changing, hence it experiences survivorship bias, as performing stocks stay in and stocks that dont perform go broke and are removed from various indexes

 

[sidious]

BTW I forgot to add, I don't buy and forget. I buy and watch like a hawk. Learned that from Marcus Padley.

 

[fureien]

BTW I forgot to add, I don't buy and forget. I buy and watch like a hawk. Learned that from Marcus Padley.

yeh i was just about to point that out. u buy and hold but only for companies you noe are just feeling macroeconomic or overall market effects