I love these old threads. I just re-read the first page and a lot of comments are just comical two years later. Sometimes less than six months later lol.
When I buy or sell shares I can scroll down and see my trades on the same ticker from a few years ago. Last spring is traumatic. I was flipping MCD and TXRH and many other famous names, knocking down 25%+ profits in a week or a month. It looked so brilliant at the time. Little did I know I had purchased ten great stocks at the absolute COVID bottom. Almost all of them doubled from the price I sold at profitably only about a year ago. I did hold a few of them, but I dumped some great companies I am nibbling back at far higher prices.
In my defense I was pretty shell shocked at the time and just trying to recover some of my port value back and the market seemed very dangerous. I owned many stocks COVID was sure to devastate and the FEDs free money for all programs had not yet started.
When I buy or sell shares I can scroll down and see my trades on the same ticker from a few years ago. Last spring is traumatic. I was flipping MCD and TXRH and many other famous names, knocking down 25%+ profits in a week or a month. It looked so brilliant at the time. Little did I know I had purchased ten great stocks at the absolute COVID bottom. Almost all of them doubled from the price I sold at profitably only about a year ago. I did hold a few of them, but I dumped some great companies I am nibbling back at far higher prices.
In my defense I was pretty shell shocked at the time and just trying to recover some of my port value back and the market seemed very dangerous. I owned many stocks COVID was sure to devastate and the FEDs free money for all programs had not yet started.