The Rokslide Stock Traders Thread

Beendare

WKR
Joined
May 6, 2014
Messages
9,156
Location
Corripe cervisiam
FWIW, What do you think about UMC? [Semi Fab]

I picked up some this week. It's bumping down along its yearly low. They are finishing a facility in Singapore that will expand production and moving into smaller architecture. They are small and It seems they have had some misses...while competitor TSM [I also own] increased sales by 35%.

My thought is with a couple good contracts, this $6 stock could be a double or more in a couple years. OR it could be just a commodity business that slogs along.
Thoughts?
 

Marshfly

WKR
Joined
Sep 18, 2022
Messages
1,379
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Missoula, Montana
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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You need to have a stop loss set BEFORE entering the trade. Based on the chart decide at what point the trade failed. How much loss is that per share? Divide your total budgeted risk by that amount and that's your sizing. Anything else is gambling.

People that make money long term as traders learn to cut losers fast. You make money by learning how to lose well. Not by trying to win every trade.
 

grfox92

WKR
Joined
Mar 14, 2017
Messages
2,835
Location
NW WY
You need to have a stop loss set BEFORE entering the trade. Based on the chart decide at what point the trade failed. How much loss is that per share? Divide your total budgeted risk by that amount and that's your sizing. Anything else is gambling.

People that make money long term as traders learn to cut losers fast. You make money by learning how to lose well. Not by trying to win every trade.
Good info, thanks.

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Joined
Mar 8, 2014
Messages
1,022
Sounds like Trump pulled us out of the Paris Accord and the World Health Organization. Careful if you have $ in those industries

And anything related to wind energy.

He signed an executive order related to more production of natural gas in AK.


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Joined
Jan 23, 2014
Messages
900
Location
Wisconsin
My little bit of XOM jumped 6.6% yesterday. Settled down today. I am going to put more into oil, gas, and nuclear. The Green Energy only makes some on small scale to me.

I need to figure out the short game. I always seem to be late to the game to reap the high returns.
 

stevewes2004

Lil-Rokslider
Joined
Jan 1, 2020
Messages
281
Location
Central NC
Any MSTY bulls in here?

Just a little
ca4e972731d39e5554247df66e76f421.jpg



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fmyth

WKR
Joined
Mar 14, 2019
Messages
1,785
Location
Arizona
Just a little
ca4e972731d39e5554247df66e76f421.jpg



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That's bold! I've been holding MSTR for a couple years in my IRA. I just made my first big MSTY buy in my non tax deferred account. I'm hoping to live off the dividend payments for 2 1/2 years until I can start making withdraws from my IRA. The tax liability on the dividend payments is not ideal but won't be too bad as it will be my only taxable income. I also maxed my Roth contribution for 25 and bought MSTY w it.
 
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