03-18-2020, 02:59 PM
(03-18-2020, 02:41 PM)vbin Wrote:We all make plenty of mistakes. I got scorched enough on oil too. I kept most of it far too long Selling at a loss is not a good habit to get into, but it's been clear for a few weeks this isn't getting better soon. I would have been OK until the dividend was in danger. Why the hell would I buy it otherwise because they haven't grown for 20 years. I am going to try to keep all my commodity trading small. There are just too many things beyond the scope of any research you can possibly do Flushing $1000 trying to roll a 7 is one thing. 500+ shares is just too much for me to gamble.(03-18-2020, 02:38 PM)kblake Wrote:I have made the mistake to go too heavy on XOM even when @fenders53 warned me , lol. Thinking oil is too cheap anything can happen. In a hindsight I should have followed the rules of diversification and played by the book.(03-18-2020, 02:32 PM)vbin Wrote:(03-18-2020, 02:30 PM)kblake Wrote: I'm so bummed. I put in to buy 100 O at $42 and it executed 1000 shares. Just my luck. Well no more cash to spend now. Yikes what a mistake lolU can still exit that. U will make that up somewhere else or take a chance and wait for tomoorow. There will be bounce back for sure
I was playing with my 6 year old son and on my etrade app. Thought I put in 100 and it executed at 1000
I'm down big as I bought lots more yesterday at $51. But hey at least my monthly dividend will go up lol