>Started investing 8 months ago with 20k i had to spare
>Made 5k on RAD when Walgreens bought it out
>Lost 8k on SUNE when it crashed a few months ago
>Lost 9k on OREX when it crashed the other week
Am I retarded or unlucky? How do I not suck at this? I'm really trying to learn and would appreciate any book recs or general advice on how not to suck.
>>1138256
do you know what a stoploss is?
>>1138257
but how do i know at what point it's going down to the depths of hell instead of just normal market fluctuations? is there a rule of thumb for stoplosses?
pity self bump
>>1138261
>is there a rule of thumb for stoplosses?
start with not risking 40% of your equity on a single trade LOL
>>1138282
but money
(repost: just updated the chart)
Good luck & intuition or information,,
I just had a feeling that I should sell my VJET at 5,70
generally don't trust any Consensus Recommendation like they have in nasdaq.com.
90% of those idiots are in red, just try to anticipate the markets,,
and this:
>>1138282
>>1138282
This. What you're doing is gambling, might as well just take your 20k to the casino. Start diversifying and spreading out your risk... This shits taught in any intro to investment book.
>>1138256
do you go into your trades with a profit target or do you just hope for the moon each time?
you're never going to get out at the tippity top unless you're really lucky or you hold enough shares to decide where the top is. you need be happy with making 5-10% per trade. not every trade will be the anomaly 100%+ gainer that you can brag about on /biz/
>>1138256
Use your fucking stop! and only invest 30% of your capital or you're going to lose it all in no time.
>>1138256
What did you pay for sune?
It's jumped a bit recently.
>>1138256
Kelly criterion. Look it up.
>>1138256
now's a shitty time to get in. if you're starting out you should do mutual funds and etfs, then learn how to read prospecti and annual reports, fundamentals about the companies. takes awhile to learn how to pick stocks