Re:Trading halted as U.S. stocks plummet
by gameswithgo on Monday March 09, 2020 @01:47PM
(#22527660)
as usual, the financial advice is "who knows what to do good luck"
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Re:Trading halted as U.S. stocks plummet
by asdfman123 on Monday March 09, 2020 @02:18PM
(#22528002)
There's no good active trading solution here because no one knows what's going on. People occasionally make the right calls, but they also occasionally make the right calls on coin flips, too.
There's a reason for that: the only good solution is a passive one. Ignore the panic, hold, stay the course, and put more money into the stock market when it's down. The large majority of active traders do worse than the market average because of panic selling in situations just like this one.
Re:Trading halted as U.S. stocks plummet
by throwaway34241 on Monday March 09, 2020 @05:01PM
(#22529743)
Plus if you follow a textbook approach with some % stocks / bonds you'll end up buying when the market dips and selling when it goes up (since if stocks go up you'll have to sell a little to bring the percent back down and vice versa). So if the market swings up and down a lot you get a little extra.
I think he’s saying, invest for the long term without concern for the present market movements, and if in the meantime you want to gamble, good luck.
Re:Trading halted as U.S. stocks plummet
by themagician on Monday March 09, 2020 @02:44PM
(#22528357)
YOLO options.
This is the way.
Back to wsb with you! There are no tendies to be had here.
Re:Trading halted as U.S. stocks plummet
by themagician on Wednesday March 11, 2020 @02:03PM
(#22548418)
Tendies are everywhere friend.