The Rokslide Stock Traders Thread

There’s certainly a lot of money moving away from the market at this moment in time. We’re sitting near or at the 200 day moving averages on the DIA, SPY, and the QQQ’s including a lot of the common momentum stocks.

Someone mentioned Mutual Funds, which I would recommend a ETF of size and quality that has volume that has a low expense ratio as a much better investment! Way better, why would you pay a commission for something that is free to buy!?!

Even companies that have no trade tariff issues are taking it on the chin at the moment. Keep your risk to a minimum.

Here’s something to consider, a stock like Reddit was less than a month ago, 02/10/25 at $230.00. It suffered it’s worst day yesterday and fell almost 29% to $105.00 Yes it was up today to $123 from yesterday close but it would have to double to get your money back if you bought it above $200.00!

So basically the $100 stock falls 50% to $50 it’ll have to double in value to make your money back. Sure you could double down, maybe even double down again, but if you’re doing that with the wrong company. Think of Kodak in its heyday, it’s gone into obscurity and is gone forever!

Fads come and go, so does momentum. Which is actually the reason why a stock goes up, more buyers than sellers. Same thing happens on the downside only way faster!

Buy what you know, and what you can easily explain…. If you’re investing in something that you don’t know what they’re doing and how, it might be better to invest in something else.

Hey, I’ll take something that made the Lab Radar go down hill faster than you can say Gamin Ltd. Which ate its lunch so to speak and why the company is doing so well. That said, there is way a great product, opportunity, can turn against you in a heartbeat when another company steps into your domain to crush you…. I like companies that have high huddles to get into for that reason. Why Starbucks still exists is beyond me, the stock, with so much competition everywhere. Yes decades ago it was great, but I could say that about a lot of companies.

Figure out where the money wants to go and then you’ll have a front row seat to making the big bucks!
 
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