Wiff007's Account Talk

[OBXTrader]

I got stopped out after buying into today's bounce using an S&P ETF expecting some more upside. Small loss, but still, this was supposed to be turn around Tuesday. Should just sit on my hands like I am doing on my TSP account.

Too funny Dow back over 300 points now, like its trying to rally. Would be good to push back up during this last hour.

Rally to the close!

 

[Wiff007]

Yeah so much for the rally seems like we might end flat. See what the overnight brings tomorrow.

 

[BamaAF]

Heading down in a hurry - a flat finish would by a win in my book

Yeah so much for the rally seems like we might end flat. See what the overnight brings tomorrow.

 

[OBXTrader]

My piddly $300 loss would have been $1350 loss if I hadn't used a stop. Had a bad feeling and put one in place. Never been so happy to lose $300.

I got stopped out after buying into today's bounce using an S&P ETF expecting some more upside. Small loss, but still, this was supposed to be turn around Tuesday. Should just sit on my hands like I am doing on my TSP account.

 

[Wiff007]

I think tomorrow is my last day in if it continues down hill. I'll visit the land of g fund lol.

 

[nnuut]

OOPPPS!!!!

 

[Wiff007]

Lol.

 

[Wiff007]

Yeah higher opening it seems to start the day, but will that hold

 

[Wiff007]

Okay I have a question. People tell me all the time even if you lost 3,5,10K you still have your shares? However I know the more shares the better but if the market keeps falling if I didn't stay in the market and went to G fund I technically would have more than someone who has more shares because of hey stay in and the value of those shares lost 25,50k then it would take longer time to recoup? Basically I am leary of this buy and hold strategy because seeing the money go down really irks me lol. Any advice?

 

[Whipsaw]

Okay I have a question. People tell me all the time even if you lost 3,5,10K you still have your shares? However I know the more shares the better but if the market keeps falling if I didn't stay in the market and went to G fund I technically would have more than someone who has more shares because of hey stay in and the value of those shares lost 25,50k then it would take longer time to recoup? Basically I am leary of this buy and hold strategy because seeing the money go down really irks me lol. Any advice?

Buy and hold works from the standpoint that over a long period of time the market, on average, goes up. If the market is in decline and one can sell their shares (move to G) and buy back at a lower share price, the number of shares they have will be greater so when the share prices increase so will the overall value of the account when the shares return to the price where the person sold. If the market declines and shares aren't sold, the account value will return to what it was, at some point, when the share prices return to the prices before the decline.

 

[Wiff007]

Okay so if I go to G fund cob today, what can I use to judge when to go back into the market to catch the rising price of these shares? What is a good indicator I can use?

 

[burrocrat]

Okay so if I go to G fund cob today, what can I use to judge when to go back into the market to catch the rising price of these shares? What is a good indicator I can use?

lots of people use lots of different indicators to judge when is a good time to get in or out of the market. the best indicator to use is the one that was right, but unfortunately you never can tell which one was best until after the fact. otherwise everybody would always make money and be winners.

 

[userque]

Okay so if I go to G fund cob today, what can I use to judge when to go back into the market to catch the rising price of these shares? What is a good indicator I can use?

:smile: It depends.

After moving to G, might I suggest you first use a proper premium service offered on this site; or a proper financial advisor; or something similar. Done. But...if your intent is to learn how to manage your own money: then, read and study several published and popular books on investing/trading. IMO, there are no shortcuts if you want to actually learn how to trade rather than leaving the heavy lifting to someone else. :smile:

 

[Wiff007]

If I've always done the buy low sell high stuff, but now might reevaluate lol.

 

[userque]

If I've always done the buy low sell high stuff, but now might reevaluate lol.

LOL. That's a good strategy. Knowing which low you should buy and which high you should sell is the heavy lifting.:smile:

 

[Wiff007]

Well I have one IFT transfer left maybe market goes up today and builds towards tomorrow? Might go 50-C and 40-S and 10-I

 

[Wiff007]

Okay second IFT. 60-G, 20-C, 20-S. Going to see how tomorrow is, might go completely G if market does bad just want to stay in a little bit if it does go up I will be a bit invested.

Let's see if the afternoon goes down again . I hope not.

Gonna do some research on the TSPtalk premium member stuff too, question on that did the TSP premium section predict what has occurred? Like did it warn members to go g fund?

 

[Wiff007]

Alright! 600+ today. Awesome hopefully we roll again tomorrow and not retract the amounts.

 

[Wiff007]

Stayin as is again. Are a lot of you thinking of goin more in once Sept hits? Or are more of you thinking of sitting on the sides until the rate situation resolves?

Also where can one see futures for overseas information? Is it too early yet to see what tomorrow could bring ?

 

[PessOptimist]

Foreign indexes Stock Market & Financial Markets Overview - Bloomberg. Futures about 1/3 down TSPTalk main page on the right.