The Rokslide Stock Traders Thread

grfox92

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VGT hold ~15% of its fund in NVDA.

I would say why sell a total tech etf, that holds a good percentage of NVDA, to put all you eggs in the basket of NVDA?

Spread your risk.
Well you see, I read somewhere speculating that NVDA could be at $1000 a share by 2026 and got all dumb and excited. So I came here to be talked out of doing something stupid on impulse .

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CorbLand

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Well you see, I read somewhere speculating that NVDA could be at $1000 a share by 2026 and got all dumb and excited. So I came here to be talked out of doing something stupid on impulse .

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It may not be a bad play. I dont think that NVDA is going to go to zero anytime soon. Nor is VGT.

Is this in an account that you regularly put money into? If so, option would be not selling VGT and just buying NVDA with your contributions. You could also sell your initial investment amount into VGT, and use that to buy NVDA. Let VGT roll on house money.

I hold Google, Phillips 66 and Apple as single stocks. I bought them back in the Covid downturn and I have been thinking about selling them to buy more ETFs. I like ETFs and think they are the answer for the average, everyday person.

Most of my single stock play are ones I think will turn quicker returns, that I then sell and use to fund my ETF purchases.

But dont let me talk you out of a goodtime. Just my opinions.
 

Beendare

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I'm a big VGT fan long term...but I'm not buying more here as it's overbought and highly concentrated. Just look at how Apple took it on the chin yesterday. There are other Tech ETF's that give you a more diversified approach with less concentration.

You Palantier guys like that over Palo Alto networks?

I bought some Palo Alto recently but It hasn't done anything.
 

BBob

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AAPL is sitting in an area of some fairly solid support right now. We could see a further dip but I'm not so sure myself. I've been buying the sale this week. It could go the other way but if it maintains this level or slightly higher it could be good. Daily and Weekly charts.
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grfox92

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It may not be a bad play. I dont think that NVDA is going to go to zero anytime soon. Nor is VGT.

Is this in an account that you regularly put money into? If so, option would be not selling VGT and just buying NVDA with your contributions. You could also sell your initial investment amount into VGT, and use that to buy NVDA. Let VGT roll on house money.

I hold Google, Phillips 66 and Apple as single stocks. I bought them back in the Covid downturn and I have been thinking about selling them to buy more ETFs. I like ETFs and think they are the answer for the average, everyday person.

Most of my single stock play are ones I think will turn quicker returns, that I then sell and use to fund my ETF purchases.

But dont let me talk you out of a goodtime. Just my opinions.
I haven't contributed to it in many years. I need to start though.

That's a good idea, about selling my initial investment in VGT. I'm going to do that.

I sold my Apple today. I have this idea of not day trading but more every couple day or weekly trading a few stocks, one of them being KULR. Based on my research you could make a couple hundred bucks a week doing this with minimal investment in lower price stocks.

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CorbLand

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I haven't contributed to it in many years. I need to start though.

That's a good idea, about selling my initial investment in VGT. I'm going to do that.

I sold my Apple today. I have this idea of not day trading but more every couple day or weekly trading a few stocks, one of them being KULR. Based on my research you could make a couple hundred bucks a week doing this with minimal investment in lower price stocks.

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If it was that easy, many would be retired. Its possible but not easy.

When I say quicker returns, some return in a couple weeks (KULR) some have taken 3-5 years. Sometimes I sell them at 10% increases. Its not large amounts of money but in the 4 years I have done it, I own about 2-3 shares of VOO that all came from small gains. I am 30 plus years from retirement.
 
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GEV has turned out to be a good buy a couple months ago. I'm still looking at different SMR companies, but thinking GEV and OKLO might be the ones I ride. I have no doubt that nuclear is going to have to be our future to catch/keep up with electrical demand.
 

grfox92

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If it was that easy, many would be retired. Its possible but not easy.

When I say quicker returns, some return in a couple weeks (KULR) some have taken 3-5 years. Sometimes I sell them at 10% increases. Its not large amounts of money but in the 4 years I have done it, I own about 2-3 shares of VOO that all came from small gains. I am 30 plus years from retirement.
I'm about to learn. I've done the patterning on half a dozen stocks in the last 2 weeks and it all did work on paper.

Then day one of trying it, the stock did exactly what it wasn't supposed to do and dropped. I had to wait a week to get it where I wanted to sell it. I still made money just not as quickly as I was hoping.


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Beendare

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GEV has turned out to be a good buy a couple months ago. I'm still looking at different SMR companies, but thinking GEV and OKLO might be the ones I ride. I have no doubt that nuclear is going to have to be our future to catch/keep up with electrical demand.
I looked at OKLO, they are working with Idaho nat lab and don't expect to have a working prototype for a couple years....so I passed.
 
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I looked at OKLO, they are working with Idaho nat lab and don't expect to have a working prototype for a couple years....so I passed.
Yeah, SMR tech is more hype than actual results right now, but in a couple years, I fully expect many to be online. I work for a large utility and we have turned away many large companies from our state because we can not produce enough electricity to serve them. It's a great problem for the utility to have. I suspect multiple utilities are facing similar issues.
 

Clarktar

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Yeah, SMR tech is more hype than actual results right now, but in a couple years, I fully expect many to be online. I work for a large utility and we have turned away many large companies from our state because we can not produce enough electricity to serve them. It's a great problem for the utility to have. I suspect multiple utilities are facing similar issues.
I bought GEV also. Wish I had bought more! Going to watch OKLO and monitor for some dip buys. Long term play for me.
 
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playing devil's advocate here... assume it does take 2-3 years. Don't you think it's worth buying now because when that does come around do you think the stock is only gonna be at $2.50?
 
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XRP is not a stock it’s a crypto.

For me it’s a big no to both. Here’s why, for me.

XRP hit its all time high on Jan 7, 2018 at $3.36. Its current price is $2.51, it is still 25% away from hitting a new all time high, over 6 years.

In November 2024, xrp unlocked 1 billion tokens to dump onto the market and existing holders. At the time that was a 18% inflation rate. To just stay flat xrp would have required $5 billion in buying pressure to just stay flat. XRP regularly has massive token unlocks.

I prefer to invest in btc or low inflation crypto. Sure you can make some money on short term holds, but you better be watching the market closely.


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I don’t think you quite understand XRP. what it’s been through and where it’s at, considering the circumstances.


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XRP is not a stock it’s a crypto.

For me it’s a big no to both. Here’s why, for me.

XRP hit its all time high on Jan 7, 2018 at $3.36. Its current price is $2.51, it is still 25% away from hitting a new all time high, over 6 years.

In November 2024, xrp unlocked 1 billion tokens to dump onto the market and existing holders. At the time that was a 18% inflation rate. To just stay flat xrp would have required $5 billion in buying pressure to just stay flat. XRP regularly has massive token unlocks.

I prefer to invest in btc or low inflation crypto. Sure you can make some money on short term holds, but you better be watching the market closely.


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I don’t think you quite understand XRP. what it’s been through and where it’s at, considering the circumstances.


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