The Rokslide Stock Traders Thread

[BBob]

What it the trigger point you use to decide when to sell?

I am considering selling my small position in PR since it is over 100% total return.

My trigger is a combo of many things. I'm a chartist so I lean heavily there. I ask what is the current volatility like? How much profit have I made at this point? I got out of GTE at a point where I made good $$$ and it gained after I sold but the point was reached where it dumped. I made $$$ while others were left holding for a long time. I've held the bag on things too so I'm not immune. It just comes down to personal risk factor.

 

[MThoundhunter]

Does anyone here use AI to invest and have an app they recommend?

I use Grok, it's been a game changer for research. Was worth upgrading to "super grok" for me personally, $30 a month.

 

[GunnarS]

I use Grok, it's been a game changer for research. Was worth upgrading to "super grok" for me personally, $30 a month.

What kind of prompts have you had success with?

 

[MThoundhunter]

What kind of prompts have you had success with?

I wouldn't say I use specific prompts but what works for me is just talk to it like a person. The reasoning and ability to understand makes it pretty simple to use, start asking questions and it's endless information.

 

[GunnarS]

I wouldn't say I use specific prompts but what works for me is just talk to it like a person. The reasoning and ability to understand makes it pretty simple to use, start asking questions and it's endless information.

I am just getting into trying to invest on my own, sounds like AI could be a good resource to learn the ropes.

 

[bozeman]

I am just getting into trying to invest on my own, sounds like AI could be a good resource to learn the ropes.

Proceed cautiously.....AI sounds good, but isnt the end all/be all. It can and does 'err'. Due diligence is still req'd.

 

[Fowl Play]

Proceed cautiously.....AI sounds good, but isnt the end all/be all. It can and does 'err'. Due diligence is still req'd.

Agreed, AI can be a useful tool in the right (educated) hands but it is not a crystal ball. It can help calculate company values via different equations, quickly read charts/reports, etc. but nothing that 100’s of management firms haven’t been doing for years already via in house formulas and calculations. And even they get it wrong many times and many of them have degrees in this stuff. If you don’t know enough to be able to spot check an answer AI gives you, then it is even more dangerous. If you don’t know how to do the calculations or analyze the stock yourself, first learn. Do not blindly let AI spit out an answer and take it at face value. I frequently have AI give me “almost perfect” answers but there will be a critical error cause it scraped some information wrong.

 

[LFC911]

I guess i should have clarified my question, does anyone use an AI app where you send in $20/wk and it does all the TA, buying and selling for you? If so, how does it do compared to the S&P or other indexes? For example, i did a google search for the best AI investing app an Finelo is popping up in my ads.

 

[Beendare]

I guess i should have clarified my question, does anyone use an AI app where you send in $20/wk and it does all the TA, buying and selling for you? If so, how does it do compared to the S&P or other indexes? For example, i did a google search for the best AI investing app an Finelo is popping up in my ads.

You do know there are quality investment research orgs you can use, Right?

Morningstar is excellent. Open a Schwab account and you get 3-4 of these quality research outfits free. Another good one is Kiplinger's, I think their website is free. These have proven out over the decades as quality advice.

ETF's are a good way to spread your risk- these are baskets of hundreds of companies (or more)
It's been said here many times, S&P index ETF's are a very good way to go, they are primed to succeed. The index dumps a couple non performing then and add a couple performers every year.
The Dividend ETF's are solid but slower growers. Some of the specific sector ETF's can be volatile- oil, Tech, etc.

its all about risk vs reward. The tech stock holdings section of my portfolio is off about 10% in the last 2 weeks or so. The Dividend ETF's like SCHD are only off a fraction. The difference is my Tech stuff was up over 30% last year while SCHD was up 12%. More risk = more reward- sometimes but not always- grin

The risk chart goes something like this on Stocks/equities from low to high;
Dividend ETF's -low
Broad based ETF's- low
S&P ETF's- medium
Sector ETF's- medium to high
Individual Stocks- high
Small company stocks- very high

Risk is not only about the asset itself...but also your time frame. If you have a very long time frame, that reduces your market risk. Then add that Dollar cost averaging into the markets reduces you risk. Buy stuff now during this Iran conflict and in a year you will think you are a stock market expert- grin.

 

[bozeman]

Warren Buffett- the bad thing is no one wants to get wealthy slowly.......

 

[BBob]

Thanks for this @BBob

Almost certainly more risky that just going to Vegas and taking your chances at the craps table.

Eddie

$12 was a personal entry point I came up with awhile back. I'm committed into other stocks currently so no position but Nuscale is still my pick for smr's.

Here we go. Currently down to a price where I wanted to see it. Watching closely.

 

[MountainTracker]

I believe at some point, probably when the market goes tokenized 24/7, Ai agents will be used exclusively to make 1000s of trades a second, and they will be used exclusively. There will come a time when the “day trader” is no longer a thing and Ai agents do it for you.


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[2531usmc]

I believe at some point, probably when the market goes tokenized 24/7, Ai agents will be used exclusively to make 1000s of trades a second, and they will be used exclusively. There will come a time when the “day trader” is no longer a thing and Ai agents do it for you.


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I would think the big investment firms are there already

 

[MountainTracker]

I would think the big investment firms are there already

I would agree


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[BBob]

SPY not looking good. Day 6 closing below the 200 MA's. Will it recover or not? Not a good sign if it doesn't.


ES in a similar situation.