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A comment on Investors double down on stocks, pushing margin debt to record. Parent comment

Re:Investors double down on stocks, pushing margin debt to r... by paulpauper on Sunday December 27, 2020 @12:48PM (#25552738)
someone could have used that logic to avoid TSLA when it was at $50 Not that he is wrong, but heeding aphorisms is not that useful in terms of making money.
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Re:Investors double down on stocks, pushing margin debt to r... by blantonl on Sunday December 27, 2020 @04:42PM (#25554515)
Yup, exactly. There is such thing as momentum trading.

Most of my positions were already closed out last month. So all the above thesis’ that said I was doing the wrong thing were.... wrong.

I also have significant positions that are DCA boring stuff, angel investments, real estate, all across the board. As well as I do a lot of selling premium in the options markets (theta gang).

It’s funny how folks are quick to lecture... :)

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