Re:A terminal stock watcher and stock position tracker
by TheLegace on Saturday February 06, 2021 @05:07AM
(#26045534)
You can split up your buying and skimming profits over time so your building a position over many months to years and periodically taking profits near the tops and rebuying and increasing position every couple weeks when the market corrects.
Also another great thing to try is get SPX/USD on 500:1 leverage so on a good day when S&P goes up 2% with the leverage multiplier can significantly increase return.
Re:A terminal stock watcher and stock position tracker
by pavlov on Wednesday February 03, 2021 @01:23PM
(#26017115)
Owning stocks is a good idea. But if you just buy the S&P every month, you probably don't need a "terminal stock watcher and stock position tracker", which is the program being discussed here. It seems like a symptom of a short-term exuberance that may not end well for most participants.
You'll still lose money, compared to just buying and holding.