Outsmarting the Market

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  • antioch6
    Senior Member
    • Apr 2013
    • 411

    #31
    So SD lost its 2% gain from when I posted. Why should stocks go higher. It's too early for lower rates and sending people money. There is no growth, and the movement is sideways, which means next is either up or down. I'm betting down. Because why would it go up? People aren't worried. They were extremely scared a couple weeks ago. Maybe prices will fall back to the lows.

    So tomorrow I'll sell SD and buy SKF, SQQQ, and DUST.

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    • billyjoe
      Senior Member
      • Nov 2003
      • 9014

      #32
      Antioch6, If you're selling SD is it because you think energy has peaked? I say not. This frequent trading will destroy your portfolio.

      ----------------billy

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      • antioch6
        Senior Member
        • Apr 2013
        • 411

        #33
        I love SD. It's oil, natural gas, and natural gas liquids. I think I'm just scared of missing out on the market dropping. The best thing to do would be just hold my SD and wait. If the market drops I'm scared SD will also, not based on any thing besides people selling. I'm also scared of SD going up without me.

        In the long run, short term trading should destroy my portfolio. I just wish there was a way I could hold SD and short something too. Maybe I'm being greedy. I'm up 44.64% in 3 weeks from shorting the market and buying SD. Maybe I'm just scared. It looks like a good idea to short here, but it also looks like a good idea to hold SD. I was thinking it could drop 10% if the market goes back to the lows. My plan was to watch SD while the market drops, and buy it back when the was over. That's how I've always done it. The last time I tried selling SD and shorting the market, I lost 3%. So I'm not sure what to do.

        Maybe Billy you are right and I just to wait. Time for a vacation.
        Last edited by antioch6; 06-06-2022, 10:42 PM.

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        • antioch6
          Senior Member
          • Apr 2013
          • 411

          #34
          Might of missed the sell. Things look stable unless people scare again. It's very tempting to sell something. It feels weird being a buy and hold investor again.

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