Every single financial show and news page mentions the short day...
Safest thing right now would be etfs that center something like this:
25% nasdaq/s&p, 20% dow, 15% energy, 15% bio, 10% Russell 2000, 15% treasury bonds, 10% precious metals,
Redeploy if the market shifts and sell any after anything more than an 8-10% drawdown.
MOST in this sub must be totally broke. 4-5% interest accounts??
I have a little over 3m and I trade it every day. Though, if I'd gotten all my gains by buying one stock, I guess I, too, would think, "This is the only way."
I think most people see a massive correction on the horizon. Is it four months as you posit? Could be 2, could 8, and or it could be far less severe...or not.
Either way. Be ready with the stops and do not average down.
The thing to remember is that there is always another setup...thousands and thousands. Play the long game and cut.
On a 3 million dollar portfolio, I currently have 7% in vaneck. So my nvdia exposure is light. When I was making 300% gains on nvda, I didn't give a shit. Also, at any one time I only hold 4 to 6 positions. Heavy for me is 25%. But, yeah, in the last year, I made most of my money on nvdia, smci, msft and several financial stocks. Over 20+ years, I've certainly not been as heavy into AI, but we all should have been in this relatively new sector the last 2 years. Unless you dislike easy-market mode. I still hold 22% msft. Have owned it for 20 years at different levels.
Now....the markets gonna get much trickier and people will get their assessment handed to them if not cutting losses sooner. My .02.
It'll be right back down there in 2 or 3 days, tops. It's a daytraders stock now. Fundamentals don't matter until they get crushed by the next earnings.
First of all. DO NOT take any strat advice here. Instead, head over to Trader Lion and watch 20 videos of different traders and then decide which approach most resonates with you. Those guys interview legit traders with proven records. Anything you get here is likely self-interest. Look at CANSLIM, Stage Analysis and Price Action for topics.
No, Vanek was 15%, and I've since trimmed it to 7. I've bought and sold nvdia 5 times since 2018. I BUY an ETF if I want broad exposure to a sector.
Honestly. If you learn to read trends, get good at a couple of setups and religiously apply good sell rules based on your win rate... everyone can win. It's the stuff between the ears that gets ya.
Sitting down with my popcorn...
I like IBD, but that feels like a real money grab. Stupid price for "chart school."
I got 82%. WINNERS: NVDA, MSFT, SMCI, NRG, KKR Lost on a few others or I'd be up 100% No options.
20 years ago, I started with 5k. Over 3 million today in the accounts and bought two houses, now worth well over a million each, lots of toys, all out of previous profits. Additional contributions of 245k over the years.
I've only owned one ETF, two years ago, Vanek Semi. You can win. You just can't FOMO. If you learn how to read the market trend, pick industry leaders, sell the losers with a plan, and do what Jesse Livermore did..."I never made money trading, I made my money by sitting." You can come out way ahead.
Don't muck options except to hedge. Also, I am always learning...I love this stuff.
Same....and smci...but that thing has turned crazy volatile.
I am well over that $#, among 4 tradable accounts with margin, options etc. Fidelity Pro, Schwaab, IKBR and a little bit in Ninja.
Lol...the only guy to have made money in the market. I've been trading for 25 years and could have dropped into dividends and retired from trading 10 years ago. Doesn't always make you right. A dose of humility goes a long way. But have fun in Italy, make sure your turn on apple roaming!
I don't even think of it as a real company. The valuation and stock price is so dumb. It will eventually be a penny stock and then gone. As soon as Trump is allowed to sell, forget about it. He absolutely does not care about the little man and anyone who thinks he does isn't paying attention. No reason to think he won't GAMESTOP all of us little retail people. I think a long-term short here is the safest play ever.
If the loss is minimal and your bias was wrong, tale another swing!
Forget the dump it in advice. We are in a thin, extended bull market. If it drops 15 or 20% post election, you'll hate that you dumped it in an etf. Someone said 12 Mos dca, not a bad idea. That way if the bulk market ends, you'll get shares on both sides. You've waited this long be smart about deployment.
No, stocks split, nee companies go public and you cam buy fractional shares. It's nothing like a hard asset in real estate.
100% in the market is fine...now. In a bear market, cash is a real position that will not grind down your account.
Hedge with Futures. Or...gamble.
Oh man.
Daytrading