Went Off The Beaten Path And Up 100k

[Singuy]

After creating my robinhood account and started investing into individual stocks(mostly tech), I have beaten the S&P after one year. Of course from the massive negative 1600 dow drops and NK's missile launches, I had to sit through a lot of crap stomaching crazy losses along the way. But I guess you never lose if you don't sell, and always ended up buying the dip instead.


Total invested: 270k throughout the year.
Total asset from said investment: 370k

Winners (up > 100%): Amazon, SHOP, BZUN, Match
Did well(up > 30%): AMD
Lame ducks (flat or down): Chipotle, JD.com

Missed opportunies(sold early. lost money even, but stock multibagged after selling): AXON, Twitter

[james.hendrickson]

Any stock picking methods you like better than others?

I've heard of IBD - their CANSLIM approach seems good go me.

I also like motley fool stock adviser, supposedly their forums and picks are pretty decent.

[Singuy]

Can't really say if I follow a strategy picking stocks since I'm long. I have learned that even if a company is making massive amounts of money and can potentially change everything...you still have to sit through all the hit pieces and manipulations.

I listen to a lot of Motely Fool's Rule breakers and basically just follow that strategy. Make sure the company brings lot of value to the world and buy the dips while holding long.

I also beat myself up since I'm really good at buying high and selling low type deal. To counter buying high, I have been buying a little amounts of shares daily to dollar cost average since robinhood doesn't charge a commission. However I do end up getting really excited and afraid of missing out and sometimes buy way too much just to bag hold and then average down.

[bjl584]

Are you going to realize your $100K gain, or are you staying invested?

Might be a good opportunity to roll it into a different investment.

[Singuy]

I realized some of the gains, hoping to get back in from a dip. Honestly I am long on these stock picks since none of them has a div or any kind of decent P/E. They are all ultra growth stocks.

I think I'm good with my current individual stock pick limits. All future savings will go most likely toward index funds. They are indeed way less stressful.

[Gailete]

Second time today reading about Robinhood accounts. What is that all about?

[Singuy]

It's an app based trading account with zero commission. The limitations include needing to wait a few days to have the account cleared with your money when you deposit and after you sell a stock.

If you upgrade it to the 10 dollars/month version, then you will no longer have to wait for money to clear if you sell a stock(but same limitation still applies to deposits, but you get 2k to use immediately).

The best thing about robin hood is that I can buy a very small amount of shares to average up or down. I can buy 10 shares @ 10 dollars a share every 5 mins if I want to. Using vanguard, I usually dump a bunch into a stock just to make commission worth it.

[Gailete]

Thank you, I never heard of it before.