What Did You Buy Today?

[ken-do-nim]

(02-25-2021, 10:25 AM)fenders53 Wrote:

(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?

I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts. 

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(03-31-2021, 06:08 PM)fenders53 Wrote:

(03-31-2021, 08:03 AM)ken-do-nim Wrote: I'll start a thread in off-topic for drawdown criteria, as well as a rule about cashing out some when it crosses a new threshold.  If I only ever sell when a drawdown kicks in, I won't ever profit from the highs, as was the case with LABU.

Yes sir.  That's good thinking.  I'll participate in your new thread.  And I really will just shut up if you wish.  The hair on the back of my neck stood up when you suggested you were going to hold a bunch of triple leveraged ETFs because I am absolutely certain how that ends with no conditional rules.

http://dividendgrowthforum.com/showthread.php?tid=1971

I'm quite pleased with what I came up with.  I still think I did the right thing on the March meltdown of last year to buy leveraged funds at rock bottom prices, but as LABU showed, not knowing when to sell spoils the fun.