Sanrith Descartes
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Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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Its funny, you can watch the short sale on SPIR in play. Each day the SSR is activated (short sale restriction from opening 10% down from previous day) the stock moves up solidly. As soon as the SSR is lifted... boom shorted right back down.
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Sanrith Descartes
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I set a couple of alerts in Fidelity to fire off emails at 360 and 352. We'll see how it goes
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Sanrith Descartes
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Sanrith Descartes
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I will let you know. I have every intention of jumping back in it.I set a couple of alerts in Fidelity to fire off emails at 360 and 352. We'll see how it goes
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Oh, and for disclosure/ridicule purposes: bought some MSFT (I didn't have any, have FTEC though) @ 309.89. Not the best price today, but it's close enough to the 100D (and it's only a few shares, I'm a small fish) that I hope it doesn't make much difference.
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Sanrith Descartes
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Just ignore it for the next 20 or 30 years and let it do its thing.
Sanrith Descartes
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Oh my son, if you only knew what I had to eat at the end of Dec to tax loss harvest...
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Tmac
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But I'm down 8%
My ROTH and SEP are both +15 and +13 respectively. I think I might be an index investor!
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Fogel
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But I'm down 8%
My ROTH and SEP are both +15 and +13 respectively. I think I might be an index investor!
How long have you been actively trading? It's a learning process. That's why its important to start small while the bulk of your stuff is in indexes
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Tmac
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Like June of 2021, lol. And I'm not an active trader. I'd rather eat a loss and wait 20 years to see a return than have to pay taxes.
Fogel
Mr. Poopybutthole
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Ok, active investor. Well if thats the case, you just need more time and data. Keep in mind that even though the indexes are okay, they're only propped up by the big boys. Something like 50% of the nasdaq is trading at 52 week lows
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Sanrith Descartes
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Sanrith Descartes
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Put it this way, I ended the year canceling out all my gains from the first few months of 2021 and being down 10k or so after that. Why did I continue to take the loss after canceling out all my short (and long) term 2021 gains? Because I read you can apply 3k a year to your regular (work) income too and carry it forward.
I think I was down something like 11 percent for the year, while the S/P was up what? 22 percent? Horrible, and its because I miscalculated travel plays and (because of early year success) kept chasing reddit meme stocks.
Oh, and I was heavy into margin so did not have the luxury to just keep waiting forever.
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