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Went Off The Beaten Path And Up 100k

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    Went Off The Beaten Path And Up 100k

    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

    #2
    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.
    james.c.hendrickson@gmail.com
    202.468.6043

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      #3
      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.

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        #4
        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.
        Brian

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          #5
          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.

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            #6
            Second time today reading about Robinhood accounts. What is that all about?
            Gailete
            http://www.MoonwishesSewingandCrafts.com

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              #7
              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.

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                #8
                Thank you, I never heard of it before.
                Gailete
                http://www.MoonwishesSewingandCrafts.com

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