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Old 03-09-2021, 01:22 PM   #11301
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I got in at $330 from the first round. Still waiting :/
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Old 03-09-2021, 02:58 PM   #11302
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Not me, fun to watch but geez I donít have the stomach for that gamble
Likewise. I don't have the guts to pull a trigger on something so turbulent.

Bitcoin and Ethereum gives me enough stress already.
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Old 03-09-2021, 04:10 PM   #11303
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It is stressful holding these, but I'm glad it's going higher and higher each day. Holding 6 at 211
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Old 03-09-2021, 05:02 PM   #11304
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It is stressful holding these, but I'm glad it's going higher and higher each day. Holding 6 at 211
Did you buy last time or on the rise this week?

FWIW, one friend has half his portfolio in GME and he's not worried.
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Old 03-09-2021, 11:27 PM   #11305
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I didn't think it was wise of me to buy more GME. Ended up getting more of nio instead.
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Old 03-10-2021, 12:05 AM   #11306
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Averaged down at 60, when i held a few at 300.
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Old 03-10-2021, 09:38 AM   #11307
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not in GME anymore but wtf happened just now lol
shit like that makes me happy i didnt fomo and buy back into it
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Old 03-10-2021, 10:22 AM   #11308
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Sold my GME and broke even at 330 lol
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Old 03-10-2021, 11:24 AM   #11309
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How can they keep getting away from pausing the market like this...
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Old 03-10-2021, 02:39 PM   #11310
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It needs to be fair ilovebacon

For the massive corporations.
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Old 03-10-2021, 10:14 PM   #11311
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Bought 10 averaged $134. Was going to buy lots at $38.50 a few weeks ago. Didn’t. I think this has a lot left to go.
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Old 03-15-2021, 07:09 AM   #11312
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Rogers buying Shaw announced this morning. No surprise, Shaw bolted out of the gates this morning.
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Old 03-15-2021, 11:48 AM   #11313
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Rogers buying Shaw announced this morning. No surprise, Shaw bolted out of the gates this morning.
Interesting though that they are still trading 15% or more below the takeover price. I suppose that reflects a strong belief that the deal might not go through - potentially on anti-trust concerns.

-Mark
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Old 03-16-2021, 03:33 AM   #11314
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Warren Buffet also publicly states over and over that he does not believe in timing the market and has held many of the same positions for decades. Cherrypicking one Buffet quote out of context does not lend any more credibility to your approach.

For what it's worth, nobody has ever gone broke taking profits, and you are of course entitled to your risk tolerance about when to take cash off the table.

However, I believe strongly that research is clear that one of the most important factors in overall return is time in market and generally speaking, people who go to cash between their tactical moves perform worse than those who just stay fully invested. This is intuitive if you believe that the market always move upwards over a long enough time horizon.

-Mark
Thatís warren buffetís style. The point was the typical diversifying is only for the ignorant.

Time held is irrelevant, it all depends on what time length your naturally tuned perceptual awareness to certain market information is.

I forgot who said it, but it went something like: people will always deny, doubt, and put down, what they, themselves do not have the ability to do.

Warren Buffet obviously does not have the ability to day trade or do anything in the short term. His edge is his way of filtering stocks, and time held.

Yes, you are right, most traders lose money going in and out of securities rather than holding long term. But you also forget MOST ďtradersĒ are also really shitty traders that lose money overall, and could be hardly considered ďtradersĒ. More like people with full time jobs and trading... gambling, as a side hobby.

Mark Douglas once begged the question of whether the difference between consistent winners and everyone else boiled down to intelligence... or if they worked harder... or if theyíre better analysts... or better trading systems? They all sound possible except when you consider that most of the trading industries failures are also societies brightest and most accomplished people.

The largest group of consistent losers is made up of primarily doctors, lawyers, engineers, CEOís, wealthy retirees and entrepreneurs. On top of that the industryís best market analysts are the worst traders imaginable.

You just have to find your edge and keep at it.

MOST people lose money going in and out of the market, but some donít. Itís your duty to find out if youíve got the stuff other traders wished they had.

Look at traders like Jesse Livermore, Richard Dennis & the Turtles, & Paul Tudor Jones. There are hundreds of thousands of others similar to them that fly by unseen. None of them trade like Warren Buffet.

Like I said above, people doubt what they are inept at.

You donít have to know what happens next, to make money in the markets. You just have to be consistent in managing your entries and exits after you enter.

All the research in the world doesnít matter if most of the traders out there donít read about, or are oblivious to that information. At the end of the day itís the traders that move the markets, not some mathematical economics theory. And traders repeatedly do stupid irrational things all the time, which these fundamental information do not account for.
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Old 03-19-2021, 04:23 AM   #11315
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pretty funny and relevant.
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Old 03-21-2021, 10:21 PM   #11316
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See a jump in Canadian Pacific Railway tomorrow? Or the company that gets bought out, their stock shoots up? Kansas City Southern? Or, both?
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Old 03-21-2021, 10:34 PM   #11317
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Iím guessing Tesla will pump Monday morn after Cathie Woods new price target. Might sell and buy back in Tuesday when it dips again, lol. I never have the balls to swing trade this stuff.
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Old 03-21-2021, 11:01 PM   #11318
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Cathie Woods just trying to save her own hide. Arkk has lost >10% recently and Tesla makes up a big part of the ETF.
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Old 03-24-2021, 05:40 AM   #11319
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XBC.TSE
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Old 03-24-2021, 09:34 AM   #11320
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The End of Tesla’s Dominance May Be Closer Than It Appears: Elon Musk’s upstart still rules, but traditional automakers are catching up fast.

https://www.bloomberg.com/news/artic...r-businessweek

How rustled are Teslaphiles' jimmies gonna get?
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Old 03-24-2021, 04:06 PM   #11321
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XBC.TSE
what PT you are looking at? $10?
entered @ 4.45, holding till Friday
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Old 03-24-2021, 09:28 PM   #11322
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what PT you are looking at? $10?
entered @ 4.45, holding till Friday
This will be one of my few super long term holds.

The plan is hopefully that it goes up enough that they start paying dividends.

Bought it in my TFSA and will just leave it

I used 1/6th of the total amount I’m willing to invest and had orders at 4.54 which filled.

I also have orders at 3.75, 3.01, 2.51, 2.01, and 1.50.

I expect it to hit 30-40-50+ within 6-10 years.

Of course if it shoots up to 15-20 really fast I can always take profits and run

I need to see how low it goes before I can accurate gauge how high it’ll go in the near term.

I think it’ll go down more maybe. Lol. Hence why I didn’t go all in yet.

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Old 03-24-2021, 09:34 PM   #11323
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put down some more into suncor as it dipped yesterday. might look into moving it over to RSP later if i decide to just hold
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Old 03-25-2021, 11:56 AM   #11324
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bought suncor last year when it was in the $15 range.

holding it till $30-40 range.
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Old 03-26-2021, 03:55 AM   #11325
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yeah suncor is on my scope for long term too.

im still weary of the markets. the inner bear is coming out. weary.

I figure after arguing with you guys, thought about it... I figure I can do both strategies. I'll just do the long term shit in my TFSA, and all my day and swing trades in my normal account. since none of my strategies work in TFSA... I can't sell puts or day trade lol. And I'm definitely not gonna buy options in my TFSA lol.

In fact I was so lazy I thought about just buying the sp500 instead, and averaging it out over time lol. but... nah. well maybe, I can start a 3rd "long term" trade and just do that, lol let u guys know in 20 years which strategy came out top haha.
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