Root i kept buying it as it dropped ! it paid off i do this in all stocks that i am going to buy and hold!
I will say the account is down and I am in a situaton with the SAC now that I am waitig for a day taht i thikn will be big up or down to go for it to get this account moving again. I became a victim of over tradign in this account trying to get the money i lost back and threw out risk controls due to the small size when in reality I should have increased risk controls due to the small size of the account. I treated it like it didnt matter and once teh drawdowns started over and over after my big winning days i never stopped to take a look at what was going on which is against everythign i believe. I also got very cocky with and lazy with this account. I will update soon.
I have a couple trades to throw out there for you for this year and they are in my favorite order. 1. BUY INTEL (INTC) this is a buy and hold. get on it quickly!! buy buy buy buy buy 2. BUY BABA 3. BUY BIDU 4. MEXICO ETF 5. BRAZIL ETF 6. Sell 1 share fo TESLA and buy 14 shares of XPEV (this should be down this week the 1st week of january) I am looking for a short rally spike and then a strong sell mid month and then an end of the month rally after biden takes power then a more normal market of gains and losses. Big risks right now: fake war with IRAN china virus strains vax side effects TRUMP fallouts GEORGIA ELECTION TAX INCREASES UNEMPLOYMENT and REMPLOYMENT
INTC would be my favorite pick of 2021. it is at roughly 49 and change right now. buy buy buy this stock and just hold it!! they will be much bigger as VR gets rolled out and laptops become hubs when camping or at the local park or a friends house.
why don't you know about buying this stock? is teh balaance sheet just too strong. is the market share just too large it dwarfs amd with sales I really am wodnering why anyone wouldnt just do a set it and forget it with INTC. again it is my best pick for 2021 from a risk bs reward. the damage will be limited in this dog of the nasdaq! I would truly say the greatest trade would be to sell nvidia and buy intc