Bad day for me. I lost 3.5% of my ETrade account today.
. I did better. Down around 1.8%. Due to probably more cash/bonds than you have.
Don't worry guys.
As Mr Martingale would say. . . Just Average Down.
I think bottom line is that you can't look at where your account was and where it is today as a "loss." Just consider how well it has done in the past year, etc. And keep plugging away with the trades.
Or flip that... After a profitable day/session...
You can't look at where your account was and where it is today as a "profit." Just consider how badly it has done in the past year, etc. And...
I got a partial on the 500, which made sense as it barely touched 674, but then on the second pass it hit above 675 and still my order notification stayed open for half an hour, and by then it had dumped back to 661 or so!
Anyway, I couldn't get through on the phone or secure message, finally on chat they told me that the entire 1000 had filled.
It's crazy out there today, delayed notifications of fills, all that!
Still, my clue that I had a fill for all shares was that when it hit 675 and change I tried to cancel the sell order (to try to sell the second lot at higher than 674) and it would not let me....
P.S. I noticed TSLA hit 706 so, for at least a moment anyway, you were in the green on your TSLA @ 705 from yesterday.
See, that's what I mean about how I know what I'm doing here and my original intuition and intended sales price, even before averaging in, is usually right. I bot at 685 intending to sell a 686 for a quick sale. I could have done that today.
But by averaging in, I merely...hedged my bet (increased the probability of a fill today) and lowered the price TSLA needed to hit for me to make my bones. Which I ended up booking a grand anyway instead of five hunny.
No, we're okay now. Not at the highs but definitely far off the lows.
Aw cheers. Drive up the value of my lovely coins.Quote: Ace2
The GBP might still be a buy. I bought around 1.25 and will sell at 1.50. Closed at 1.39 today
It was not so long ago that the $/£ rate was 1.20 Your currency has slid rather a lot in recent years against both the GBP and the Euro.
Presumably that will manifest as inflation for you guys, especially on imports.