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| rick103054 |
 Posted: Thu Apr 12, 2007 9:48 am Post subject: |
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Investing Sr. Associate
Joined: 08 Mar 2007
Posts: 123
This Month: 0
126.77 e$
Net worth: 15,483.37
Portfolio Value: 15,356.60
Monthly Return: 14.63%
Trades this month: 0
Churn Rate: 0.00%Items
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| i constantly go in the red during the month. please offer me some advice |
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| Im Not Warren Buffett |
| Posted: Thu Apr 12, 2007 11:14 am Post subject: |
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CFO
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| What stocks are you holding, and why are you holding them? The most important part of the process is buying the right things, and there is no specific set of rules... but we can work on that. |
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| rick103054 |
| Posted: Fri Apr 27, 2007 9:00 am Post subject: |
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Investing Sr. Associate
Joined: 08 Mar 2007
Posts: 123
This Month: 0
126.77 e$
Net worth: 15,483.37
Portfolio Value: 15,356.60
Monthly Return: 14.63%
Trades this month: 0
Churn Rate: 0.00%Items
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| ME TOO I GET IN BLACK ONCE IN A WHILE BUT SEEM TO END UP SLIGHTLY IN THE RED ESPECIALLY TOWARDS THE MONTH END |
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| rick103054 |
| Posted: Mon Apr 30, 2007 3:22 am Post subject: |
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Investing Sr. Associate
Joined: 08 Mar 2007
Posts: 123
This Month: 0
126.77 e$
Net worth: 15,483.37
Portfolio Value: 15,356.60
Monthly Return: 14.63%
Trades this month: 0
Churn Rate: 0.00%Items
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| i'm with u there. i'm still in the red. what should i do |
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| lostsoul01 |
| Posted: Mon Apr 30, 2007 3:44 am Post subject: |
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Investing Sr. Associate
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| Is that correct? Do you really have 59 trades this month? That's $590 in commission in a porfolio of $6000... 10% of it. I'd stop trading so much to stay out of the red. |
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| zerolikedis |
| Posted: Mon Apr 30, 2007 6:08 am Post subject: |
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Investing Manager
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| exactly. and make sure you are buying at least 500 shares at a time |
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| Im Not Warren Buffett |
| Posted: Mon Apr 30, 2007 6:26 am Post subject: |
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CFO
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| zerolikedis wrote: | | exactly. and make sure you are buying at least 500 shares at a time |
I would change that to say $500 dollars at a time - otherwise, you really are going to get killed with commissions. A caveat on the $500 rule: if you are trading it - as you appear to be doing, given that you have 61 trades so far - you are going to need to apply alot more money to each trade, because the moves you are trying to catch are going to be much smaller, so commissions will play a larger part.
My general advice would actually be to stop trading so much and just hold a few things... it brings to mind the old joke that "there was no trading on the New York Stock Exchange today, as everyone decided they were happy with what they had." |
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| lostsoul01 |
| Posted: Mon Apr 30, 2007 7:32 am Post subject: |
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Investing Sr. Associate
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| I'd set up a minimum you are comfortable with. If you buy your stocks in $500 amounts, a buy and a sell means you have to make 4% just to break even here. In the real world, fees can range from free or just a few bucks, to $20 or more. Base your purchase amount minimum on that fee , or if you want to trade a lot, find a way to minimize that fee. Personally, I prefer under 2% including buy and sell both. |
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| Colli |
| Posted: Thu Nov 22, 2007 3:05 am Post subject: |
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Investing Sr. Associate
Joined: 18 Nov 2007
Posts: 57
This Month: 0
126.68 e$
Net worth: 12,135.48
Portfolio Value: 12,008.80
Monthly Return: 2.68%
Trades this month: 0
Churn Rate: 0.00%Items
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| Without knowing which stocks you hold, it would be difficult to give any meaningful advice. Evaluate the reasons you bought the stock (hopefully you have good sound reasons). If they still hold true, your stock may just be going through a small adjustment. |
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