So I lost just over 11% on my portfolio over January, how did everyone else fair?
What are peoples opinions on purchasing new stocks in order to bring average cost prices down this month or waiting out for commodity prices and other stuff to settle down.
Im in Australia trading mainly on ASX if that helps.
Up 60% from shorting oil, the canadian dollar, the australian stock index, and longing gold and the JPY.
I was actually up 90% before russia started talking about meeting up with the saudis on oil which made me take a 30% loss or so from holding on too long to a Canadian dollar short.
If your portfolio has gone down, why not invest in stock you already own?
Either you chose them well and the market is just doing its thing - in which case invest in existing stock.
Or else, you chose poorly and you should sell your position in the bad ones.
How does that sound?
>heavily invested in disney
I'm doing real bad man
s-surely they will rebound soon
Did fairly ok, I guess. Only been investing since November, so I'm interested in seeing if I can keep this outperformance up.
>tfw missed the bull friday
only down 5% for the year though\
just in case people don't know, 5% loss and even 10% loss in this current market is pretty fucking good.
They have the US government in their pocket, I didn't predict them dipping like that at all. That being said, they STILL have the govt in their pocket, so we'll see how that goes.
Well if nothing has changed and you did your research right then stick with it. But probably go recheck that research.
You'd think owning Lucasfilm would help, right? I dunno shit about Disney, but Star Wars man, they're gonna squeeze every last drop out of that.
In fact, they own so much intellectual property, buying them for that alone is worthwhile. In fact, you're really just buying a managed fund that specialises in media related intellectual property, and just happens to have integrated into it a studio.
You say their market value is down? I'm gonna take a fucking look at them cause it's a beautiful Sunday morning.
>In fact, you're really just buying a managed fund that specialises in media related intellectual property, and just happens to have integrated into it a studio.
this is why I invested in them
They've managed to make congress pass quite a few acts for copyright protection JUST for their own IP, so they're super powerful.
I was almost fully in cash on January first. I started buying the dip, and now i have almost my whole portfolio in BAC at a cost average of $14.96 ($60k).
Diversification is for pussies.
Down 2.2%.. I like to think I saw the correction coming pretty well since I moved most of my funds to bonds. Bought equities at the beginning of last week & those went up with the rally.
Did pretty well comparatively I think but still lost money. Feels bad man
Down 2,750 for the year or 6.0%
Over all down 3,595, or 7.9%
Was way worse, but the rally on Thursday and Friday helped out a lot.
Shorted MDLZ when Trump banned Oreos. earnings are on Feb 3rd so far lost 65%
Shorted S&P500 for June 30, down 20%
Bought VXX down 10%
Bull Friday was more like that big gay bull at a shady bar that raped me.
I could lose all my money. Money is just money. I have no reason to be alive with $70k. I have no reason to be alive with $0.
Wont Phase me.
>not scalping forex