tradeking007yahoo futures Journal

Discussion in 'Journals' started by tradeking007yahoo, Nov 27, 2020.

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  1. 1. it is not help if no one asked for your help
    2. what benefit does anyone derive from being in the top 5 of a free forum?
    3. this thread of mine actually was doing just fine without any negative assistance from you.
    4. eventually ill just shut it down or move somewhere else with the same name so I can continue in a positive direction.
     
    #321     Jan 14, 2021
  2. a long time ago i thought it was a metric to look at but no. I look at what the company does in a broad sense and think who or why is this relevant and who would buy it if they started stealing market share and what else do they do that gives them value besides the actual business.
    Root for example. the app follows every move every driving habit. it will connect the dots between angry driving or happy driving and how and when and where you spend your time based on your emotions.

    this custom tailor of your emotions will be incredibly forward thinking and they will get you to buy from the people they sell your real time data to. data is great when latent but way more actionable when real time.

    root may be an auto insurance company buy the real money for them is in the data.

    I did sell half of my position today for a 68% gain in 3 weeks. i will rebuy if we dip back below 20. If it continues into the 30s. I will buy more if it dips back to 25.

    Root will be a major take over target rather quickly as it builds up data which also helps for the insurance risk. etc. wothin 2 years it bought by geico. who will use its data and systems to give other drivers cheaper rates by spying on their every move.
     
    #322     Jan 14, 2021
    caroy likes this.
  3. BKR88

    BKR88

    I used to use P/E for long-term investments but now mostly trade ETFs so no P/E used.
     
    #323     Jan 14, 2021
  4. your etf should have an averge pe of the constituents
     
    #324     Jan 14, 2021
  5. buying more root today
    baba performing
    im looking for wrap spike soon with biden and kamala

    taking it easy today. slow day
     
    #325     Jan 14, 2021
  6. .sigma

    .sigma

    Bruh! As soon as I saw ROOT I thought of your thread. Dude I know it’s not good to look at money left on the table, but so far 2021 I’ve left sooooo much! Jezuz!!!
     
    #326     Jan 16, 2021
  7. you can always get back in or only sell half and let the rest run. i had no idea root was going to 25 for sure. im back in again though around 19.90 amd i sold half at 25 picked up 10 a share. again i had an educated guess..thats all..u never really know.
     
    #327     Jan 17, 2021
  8. .sigma

    .sigma

    “Always get back in” is the problem. I have a problem buying in once momentum has built up, which sounds weird. I feel much better buying the low, which sounds riskier but it’s not in my experience! “Catch the falling knife” is what I’m good at
     
    #328     Jan 17, 2021
  9. Overnight

    Overnight

    I think what @destriero is trying to tell you is that if you do not post an honest accounting of your PNL, nobody will take you seriously, and neither will you. You have to be honest with YOURSELF. Winning percentages mean NOTHING.

    This? https://www.elitetrader.com/et/attachments/screenhunter-16998-jpg.249026/

    That tells us nothing. It is just percentages. It does not show PNL.
     
    #329     Jan 18, 2021
  10. LOL. i don't think anyone needs to ell me what to do period and i have nothign toprove on this site especially since it is not really the place for open discussion
     
    #330     Jan 20, 2021
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