7 ms·

How you hold this stock is a mystery to me. With it bouncing between $10 and $15 constantly last year it just seems far to volatile. I'd be panic buying / selli

How you hold this stock is a mystery to me. With it bouncing between $10 and $15 constantly last year it just seems far to volatile. I'd be panic buying / selling every day to adjust which seems stressful... Maybe why its a favorite of /r/wallstreetbets

InTheArena 9y ago
I bought a ton at 9 before the Ryzen announcement. The oscillation in the stock drove me up the wall, and I came to the conclusion that it’s just stupid to track single stocks, even when you know they have a great product, because the market is so irrational.
kongbtc 9y ago
try trading crypto
- swarnie_ 9y ago
  Ill stick to blue chips and paper trading. The NHS can only hand out so much heart medication...
Havoc 9y ago
>/r/wallstreetbets Guilty as charged. >I'd be panic buying / selling every day to adjust which seems stressful... Just treat it as numbers on a screen rather than money. Keeps the emotions at bay.
- deleted 9y ago
  [deleted]
meddlepal 9y ago
You're doing it wrong if you're day trading stocks... dollar cost averaging is your friend when it comes to volatility and well if you're investing you're doing so because of long term belief in the company so it should be easy to hold and not worry about it.
- betterunix2 9y ago
  "dollar cost averaging is your friend" Research suggests otherwise: https://personal.vanguard.com/pdf/ISGDCA.pdf https://personal.vanguard.com/pdf/ISGDCA.pdf Diversification is a more effective strategy for dealing with volatility.
  - nimnio 9y ago
    I only read page one of that link (thanks for sharing), but it appears to limit its scope to a specific scenario: given a lump sump of money (a windfall), it is it better to invest all at once or dollar cost average over a period of time? It is not recommending against dollar cost averaging in general; it is recommending against it for windfalls. Diversification is also not mentioned in the article.
    - BuckRogers 9y ago
      I read that Vanguard study when it came out, yes it's correct statistically but I disagree with using that data to do lump sum investments. For one, the CEO in their 2018 outlook webcast said to DCA. Even if you keep a short timespan on your DCA (I do 26 weeks), it's a good idea for your mental health if you happen to dump it all right before a collapse. Sometimes it's wiser to take into account human psychology, even if academics are out there with data to convince us otherwise. I'm personally with the CEO of Vanguard on this one. A short entrance into the market, especially in today's situation is probably the way to go. People can do whatever they want, and if they put their money where their mouth is and go in with a lump sum, then I'll respect it. Otherwise, as someone who is bringing a lot of money myself onto the market now, I'm DCAing.
python-guy-vt 9y ago
>I'd be panic buying / selling every day to adjust which seems stressful... If you can train yourself to do the opposite you could make a lot off this stock. Buy fear, sell greed. Never panic. Losses are never realized if you don't sell, and just wait it out until it is back near 15 again.
eganist 9y ago
My current position's aggregate cost basis is around 2.35/share, so that's why I'm holding.
betterunix2 9y ago
"I'd be panic buying / selling every day to adjust which seems stressful..." Wrong way to invest. Don't buy an individual company's stock unless you are ready to (1) hold for the long-term and (2) ignore (short-term) unrealized losses. Especially in the first year after investing in an individual stock it is typical to see an unrealized loss, because gains require time to accumulate. The stock market is not a slot machine. Investing requires patience and discipline.
- astrange 9y ago
  There's no particular reason any random company's stock should have gains over time, aside from inflation. Especially if it doesn't give dividends, you may never gain anything.
  - betterunix2 9y ago
    Nothing is certain, but you can sort companies into "likely to gain" and "unlikely to gain." The P/E and P/CF ratios are commonly used for this, along with other valuation metrics. The basic theory of value investing is to find companies that are likely to give you a return. Also, historically the stock market as a whole has outpaced inflation, so even just investing in randomly chosen companies should have gains over time (there is even evidence that a portfolio of randomly chosen companies performs about the same as a portfolio of companies chosen by analysts and advisers).
invalidusernam3 9y ago
Laughs in Bitcoin

InTheArena 9y ago

I bought a ton at 9 before the Ryzen announcement. The oscillation in the stock drove me up the wall, and I came to the conclusion that it’s just stupid to track single stocks, even when you know they have a great product, because the market is so irrational.

kongbtc 9y ago

try trading crypto

swarnie_ 9y ago
Ill stick to blue chips and paper trading. The NHS can only hand out so much heart medication...

Havoc 9y ago

>/r/wallstreetbets Guilty as charged. >I'd be panic buying / selling every day to adjust which seems stressful... Just treat it as numbers on a screen rather than money. Keeps the emotions at bay.

deleted 9y ago
[deleted]

meddlepal 9y ago

You're doing it wrong if you're day trading stocks... dollar cost averaging is your friend when it comes to volatility and well if you're investing you're doing so because of long term belief in the company so it should be easy to hold and not worry about it.

betterunix2 9y ago
"dollar cost averaging is your friend" Research suggests otherwise: https://personal.vanguard.com/pdf/ISGDCA.pdf https://personal.vanguard.com/pdf/ISGDCA.pdf Diversification is a more effective strategy for dealing with volatility.
- nimnio 9y ago
  I only read page one of that link (thanks for sharing), but it appears to limit its scope to a specific scenario: given a lump sump of money (a windfall), it is it better to invest all at once or dollar cost average over a period of time? It is not recommending against dollar cost averaging in general; it is recommending against it for windfalls. Diversification is also not mentioned in the article.
  - BuckRogers 9y ago
    I read that Vanguard study when it came out, yes it's correct statistically but I disagree with using that data to do lump sum investments. For one, the CEO in their 2018 outlook webcast said to DCA. Even if you keep a short timespan on your DCA (I do 26 weeks), it's a good idea for your mental health if you happen to dump it all right before a collapse. Sometimes it's wiser to take into account human psychology, even if academics are out there with data to convince us otherwise. I'm personally with the CEO of Vanguard on this one. A short entrance into the market, especially in today's situation is probably the way to go. People can do whatever they want, and if they put their money where their mouth is and go in with a lump sum, then I'll respect it. Otherwise, as someone who is bringing a lot of money myself onto the market now, I'm DCAing.

python-guy-vt 9y ago

>I'd be panic buying / selling every day to adjust which seems stressful... If you can train yourself to do the opposite you could make a lot off this stock. Buy fear, sell greed. Never panic. Losses are never realized if you don't sell, and just wait it out until it is back near 15 again.

eganist 9y ago

My current position's aggregate cost basis is around 2.35/share, so that's why I'm holding.

betterunix2 9y ago

"I'd be panic buying / selling every day to adjust which seems stressful..." Wrong way to invest. Don't buy an individual company's stock unless you are ready to (1) hold for the long-term and (2) ignore (short-term) unrealized losses. Especially in the first year after investing in an individual stock it is typical to see an unrealized loss, because gains require time to accumulate. The stock market is not a slot machine. Investing requires patience and discipline.

astrange 9y ago
There's no particular reason any random company's stock should have gains over time, aside from inflation. Especially if it doesn't give dividends, you may never gain anything.
- betterunix2 9y ago
  Nothing is certain, but you can sort companies into "likely to gain" and "unlikely to gain." The P/E and P/CF ratios are commonly used for this, along with other valuation metrics. The basic theory of value investing is to find companies that are likely to give you a return. Also, historically the stock market as a whole has outpaced inflation, so even just investing in randomly chosen companies should have gains over time (there is even evidence that a portfolio of randomly chosen companies performs about the same as a portfolio of companies chosen by analysts and advisers).

invalidusernam3 9y ago

Laughs in Bitcoin