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Forum » Stock Market Up, dumped all my holdings and took my profits
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Thread: Stock Market Up, dumped all my holdings and took my profits

post 1693412883 11-15-2023, 10:50 AM
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Stock Market Up, dumped all my holdings and took my profits

I take my profits whenever they reach a certain point.

Only a fool would stay heavily invested when there's so much uncertainty in the world. And with an election year approaching and the democrats desperate for another mail-in-ballots scheme, I simply don't see a wise reason to stay in the markets too long.

And now the process of slowly buying back in begins yet again. rinse and repeat.
Everything I post is satire.
Tricknology Grand Master.
post 1693412933 11-15-2023, 10:51 AM
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Just LOL if you’re not constantly averaging down.
post 1693412973 11-15-2023, 10:52 AM
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Originally Posted By AdvancedDreamer⏩
Just LOL if you’re not constantly averaging down.
Average all the way down to $0, boyo. Please be my guest while I take my profits and hit the massage parlor.
Everything I post is satire.
Tricknology Grand Master.
post 1693413003 11-15-2023, 10:53 AM
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#4
  1. SoutheastBeast1
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How many of these holdings did you have longer than a year?
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
post 1693413013 11-15-2023, 10:54 AM
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#5
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Could've just put a trailing stop limit op.
post 1693413103 11-15-2023, 10:56 AM
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#6
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Originally Posted By SoutheastBeast1⏩
How many of these holdings did you have longer than a year?
Let me guess "enjoy your taxes"...???... No sh/t, the difference between LT capital gains and ST capital gains isn't exactly secret knowledge, this ain't 1995.

Better to pay taxes and lock in the gains now.
Everything I post is satire.
Tricknology Grand Master.
post 1693413273 11-15-2023, 10:58 AM
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#7
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Originally Posted By N0stradamus⏩
Let me guess "enjoy your taxes"...???... No sh/t, the difference between LT capital gains and ST capital gains isn't exactly secret knowledge, this ain't 1995.
I'm not even trying to throw shade at you, you f*cking condescending ass hole. I'm genuinely curious and what profit point you choose to pull things out at. Why make this thread if you don't want to discuss it?

Honestly, I wasn't coming in here with any malicious intent toward your choice in any way but now I'm negging you and hope you get ass raped with the market continuing to expand while you pay taxes on any gains, short or long term, and the next time you buy in is higher than the current price point you sold.

Get f*cked ass hole
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
post 1693413313 11-15-2023, 10:59 AM
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#8
  1. DanteEdmond
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Just buy and ignore it for several years
post 1693413403 11-15-2023, 11:00 AM
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#9
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Originally Posted By ****inator⏩
Could've just put a trailing stop limit op.
No need to complicate things. See a profit that you like, lock it in. Then slowly re-buy, rinse and repeat.

Been doing this for years and cruising just comfortably with no worries.
Everything I post is satire.
Tricknology Grand Master.
post 1693413413 11-15-2023, 11:00 AM
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#10
  1. Robmnrd
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Originally Posted By SoutheastBeast1⏩
I'm not even trying to throw shade at you, you f*cking condescending ass hole. I'm genuinely curious and what profit point you choose to pull things out at. Why make this thread if you don't want to discuss it?

Honestly, I wasn't coming in here with any malicious intent toward your choice in any way but now I'm negging you and hope you get ass raped with the market continuing to expand while you pay taxes on any gains, short or long term, and the next time you buy in is higher than the current price point you sold.

Get f*cked ass hole
Brb 0-100 lol


Also strong username to market prediction ratio on OP's part.
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post 1693413423 11-15-2023, 11:01 AM
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What is the certain point which makes you dump everything? Is it specific statistics, or based on feeling?
post 1693413613 11-15-2023, 11:05 AM
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#12
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Originally Posted By turdburglar9021⏩
What is the certain point which makes you dump everything? Is it specific statistics, or based on feeling?
No statistics, no calculations... I sell whenever I feel comfortable with the profit level and then start slowly rebuying back in.
Everything I post is satire.
Tricknology Grand Master.
post 1693414033 11-15-2023, 11:13 AM
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#13
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OP outing himself as a timing the market peasant. Imagine being so shook. Dump money in the market constantly and forget about it.



Unless you're poor, which you are. Srs, vry srs.
post 1693414123 11-15-2023, 11:15 AM
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#14
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Just lol at selling in this Biden economy.
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post 1693414373 11-15-2023, 11:19 AM
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Lol how much you trading brah, hope you factor in the short and long term capital gains taxes you have to pay uncle joe...
This fool's running a Honda 2000
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post 1693414753 11-15-2023, 11:25 AM
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Originally Posted By Jms89⏩
Lol how much you trading brah, hope you factor in the short and long term capital gains taxes you have to pay uncle joe...
Miscers, once again, parroting everything they hear without a single unique thought in their head. See post above.


Everything I post is satire.
Tricknology Grand Master.
post 1693415123 11-15-2023, 11:34 AM
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Originally Posted By tripod29⏩
OP outing himself as a timing the market peasant. Imagine being so shook. Dump money in the market constantly and forget about it.



Unless you're poor, which you are. Srs, vry srs.
But he’s a guru. Sells high and buys higher!

Only thing you should be selling short term are options. Take the theta gains and move onto the next.
xTUNAx
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post 1693415163 11-15-2023, 11:35 AM
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Every move you make in the stock market introduces new opportunity for error and it all goes swimmingly until suddenly it doesn’t

Haven’t made a move in over two years myself, still up bout $350k
post 1693415593 11-15-2023, 11:45 AM
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The calculations for this have already been done. DCA'ing won out every time. Even against a hypothetical "perfect timer" over the course of the same amount of years
post 1693416543 11-15-2023, 12:07 PM
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#20
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Originally Posted By N0stradamus⏩
Average all the way down to $0, boyo. Please be my guest while I take my profits and hit the massage parlor.
If the S&P goes all the way to $0 were probably all going to be dead anyway.
per ardua ad astra
post 1693417353 11-15-2023, 12:27 PM
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Originally Posted By N0stradamus⏩
No need to complicate things. See a profit that you like, lock it in. Then slowly re-buy, rinse and repeat.

Been doing this for years and cruising just comfortably with no worries.
And still waiting for that 60% drop in house prices

How many bedrooms is your share portfolio lol

Do your dividends cover your rent?





post 1693417403 11-15-2023, 12:29 PM
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Is this like your prediction of a 30% real estate crash back in March of '22?

Edit: Wizard'd
post 1693417483 11-15-2023, 12:32 PM
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Originally Posted By SaltyDog920⏩
Is this like your prediction of a 30% real estate crash back in March of '22?

Edit: Wizard'd
^^^ he predicted 60% crash

OP Will be rentcucking for life
post 1693417613 11-15-2023, 12:36 PM
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Originally Posted By r32gojirra⏩
And still waiting for that 60% drop in house prices

How many bedrooms is your share portfolio lol

Do your dividends cover your rent?





Brutal. On spread. Srs, vry srs.
post 1693418963 11-15-2023, 01:02 PM
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#25
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bump.
Everything I post is satire.
Tricknology Grand Master.
post 1693419783 11-15-2023, 01:17 PM
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#26
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gotta wait a bit for capital gains reasons
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post 1693421433 11-15-2023, 01:45 PM
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I read that Goldman Sachs predicted today that the S&P 500 could reach 4700 by the end of the year. As awful as GS all to often is with their predictions probably a good move that you sold and took your profits.
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