Tell us a little bit about yourself and or your trading experience

[loczkins]

Hi,
kind of new here, joined a couple of months ago. I am in early 40ies, work in quite a big FMCG company to have some $ for trading:). My investing experience is really low, actually just starting even though I've been following financial markets for a couple of years. Used to trade FX over a decade ago, after dumping my account within a year or so i gave up but still for some reasons I feel sentiment for that crazy mkt:)

happy to be here with you and learn from you!

[SOL]

Simple suggestions

focus on the trend
Don't let fear into the equation
buy when the masses panic
understand the basic principles of mass psychology and incorporate them not only when it comes to trading but in your daily routine and you will be surprised with the results

Finally, welcome to this very interesting forum

[jlhooter]

Simple suggestions

focus on the trend
Don't let fear into the equation
buy when the masses panic
understand the basic principles of mass psychology and incorporate them not only when it comes to trading but in your daily routine and you will be surprised with the results

Finally, welcome to this very interesting forum

57 year old engineer dude who join TI Jan 2021.

I only have a 401k and some IRAs and really need to be self sufficient when I retire.
My investment (other than 401k, buy and hold) was Mar-Apr 2020 with the "COVID-crash" . I researched Buffet's holdings and picked some with little cash including AAPL. I had a feeling that it was the best time to buy and being with TI, I know it was right. Most of my holdings increased nicely, but I realized, NOW WHAT?
I was looking high and low how to learn (mainly newsletters) and stumbling on Stockgumshoe.com I read about TI and within minutes of reading a few reviews, I dove into TI with a yearly subscription; best thing I did. I almost fell for that Fool crap and glad I found TI. Without giving it another thought, I got AI as well.
In the past 2 months I learned
- Don't chase stocks
- Be patient
- Make a plan (I know Excel very well and have a nice first draft plan using formulas and such to track everything)
- My favorite: Buy Low and Sell High - sounds easy, but I have once in a while ran with the herd even though I always tell my wife "Just because 95% of the people do something, doesn't mean it is the right thing to do."
- When others are excited, be fearful; when others are fearful, grab my wallet and go shopping (not for shoes mind you)
- Observe with fresh eyes (which comes naturally to me and is why I am a career Quality Engineer)

I so much want to learn from all of you, and thank you for allowing me to be part of this.

[bpcw]

Simple suggestions

focus on the trend
Don't let fear into the equation
buy when the masses panic
understand the basic principles of mass psychology and incorporate them not only when it comes to trading but in your daily routine and you will be surprised with the results

Finally, welcome to this very interesting forum

57 year old engineer dude who join TI Jan 2021.

I only have a 401k and some IRAs and really need to be self sufficient when I retire.
My investment (other than 401k, buy and hold) was Mar-Apr 2020 with the "COVID-crash" . I researched Buffet's holdings and picked some with little cash including AAPL. I had a feeling that it was the best time to buy and being with TI, I know it was right. Most of my holdings increased nicely, but I realized, NOW WHAT?
I was looking high and low how to learn (mainly newsletters) and stumbling on Stockgumshoe.com I read about TI and within minutes of reading a few reviews, I dove into TI with a yearly subscription; best thing I did. I almost fell for that Fool crap and glad I found TI. Without giving it another thought, I got AI as well.
In the past 2 months I learned
- Don't chase stocks
- Be patient
- Make a plan (I know Excel very well and have a nice first draft plan using formulas and such to track everything)
- My favorite: Buy Low and Sell High - sounds easy, but I have once in a while ran with the herd even though I always tell my wife "Just because 95% of the people do something, doesn't mean it is the right thing to do."
- When others are excited, be fearful; when others are fearful, grab my wallet and go shopping (not for shoes mind you)
- Observe with fresh eyes (which comes naturally to me and is why I am a career Quality Engineer)

I so much want to learn from all of you, and thank you for allowing me to be part of this.

Well you're showing a lot of humility and a desire to learn, two excellent traits, and now you've found this excellent service, you should do well!

[SOL]

I only have a 401k and some IRAs and really need to be self sufficient when I retire.
My investment (other than 401k, buy and hold) was Mar-Apr 2020 with the "COVID-crash" . I researched Buffet's holdings and picked some with little cash including AAPL. I had a feeling that it was the best time to buy and being with TI, I know it was right. Most of my holdings increased nicely, but I realized, NOW WHAT?
I was looking high and low how to learn (mainly newsletters) and stumbling on Stockgumshoe.com I read about TI and within minutes of reading a few reviews, I dove into TI with a yearly subscription; best thing I did. I almost fell for that Fool crap and glad I found TI. Without giving it another thought, I got AI as well.
In the past 2 months I learned
- Don't chase stocks
- Be patient
- Make a plan (I know Excel very well and have a nice first draft plan using formulas and such to track everything)
- My favorite: Buy Low and Sell High - sounds easy, but I have once in a while ran with the herd even though I always tell my wife "Just because 95% of the people do something, doesn't mean it is the right thing to do."
- When others are excited, be fearful; when others are fearful, grab my wallet and go shopping (not for shoes mind you)
- Observe with fresh eyes (which comes naturally to me and is why I am a career Quality Engineer)

I so much want to learn from all of you, and thank you for allowing me to be part of this.

And learn you will; if one has the desire to learn something nothing and no one can stop them. Having said that you are already demonstrating traits of an individual that thinks out of the BOX. You jumped into the markets during the COVID crash on your initiative; no one told you to do that. You just felt it was the right time to jump in and buy.

One of the keys to mastering something new is to keep things simple and the only way to keep things is simple is not to expect too much too fast and secondly one should not be over-anxious when it comes to mastering a new concept. Hey life is meant to be fun and investing should be too, so enjoy every day like it's your last and then fear suddenly vanishes

[bpcw]

I only have a 401k and some IRAs and really need to be self sufficient when I retire.
My investment (other than 401k, buy and hold) was Mar-Apr 2020 with the "COVID-crash" . I researched Buffet's holdings and picked some with little cash including AAPL. I had a feeling that it was the best time to buy and being with TI, I know it was right. Most of my holdings increased nicely, but I realized, NOW WHAT?
I was looking high and low how to learn (mainly newsletters) and stumbling on Stockgumshoe.com I read about TI and within minutes of reading a few reviews, I dove into TI with a yearly subscription; best thing I did. I almost fell for that Fool crap and glad I found TI. Without giving it another thought, I got AI as well.
In the past 2 months I learned
- Don't chase stocks
- Be patient
- Make a plan (I know Excel very well and have a nice first draft plan using formulas and such to track everything)
- My favorite: Buy Low and Sell High - sounds easy, but I have once in a while ran with the herd even though I always tell my wife "Just because 95% of the people do something, doesn't mean it is the right thing to do."
- When others are excited, be fearful; when others are fearful, grab my wallet and go shopping (not for shoes mind you)
- Observe with fresh eyes (which comes naturally to me and is why I am a career Quality Engineer)

I so much want to learn from all of you, and thank you for allowing me to be part of this.

And learn you will; if one has the desire to learn something nothing and no one can stop them. Having said that you are already demonstrating traits of an individual that thinks out of the BOX. You jumped into the markets during the COVID crash on your initiative; no one told you to do that. You just felt it was the right time to jump in and buy.

One of the keys to mastering something new is to keep things simple and the only way to keep things is simple is not to expect too much too fast and secondly one should not be over-anxious when it comes to mastering a new concept. Hey life is meant to be fun and investing should be too, so enjoy every day like it's your last and then fear suddenly vanishes

Sol, you wrote this as if it was from me, it was from jlhooter!

[SOL]

Sol, you wrote this as if it was from me, it was from jlhooter!

Fixed the issue

[blogbuilder]

Hi all,

So glad to be here. From the UK and semi retired. I build websites for small businesses - been doing that for the past 12 years now. Before that 30 years in IT in the corporate world.

I've always dabbled in shares. Started off 40 years ago saving a small amount each month in funds. And over the years have subscribed to numerous 'share advice' schemes. And, overall, have done 'ok'. Perhaps 5 - 15% increase each year.

I have a ISA (UK tax free savings account) where I can buy almost any share from qround the world. Plus a pension account. Unfortunately my pension account only allows me to buy UK funds/shares. I've never been able to find an advice service like this for UK shares. If you know of one please let me know.

Last year, after March I decided to take things much more seriously and did subscribe to a couple of recommended 'advice' schemes. Last year I made 40% overall, increase. Great for me but I do know of individuals who more than doubled their money.

Currently down 5% this year after being 20% up at end of Feb. That's fine. I wouldn't be doing what we do if I got too emotional!

I don't perform any research myself. If Sol says buy at this price...I buy. I feel that's the benefit to me of this service.

I do want to do some research but I find all the different graphs, etc confusing. If someone could say: if the graph fits these situations, then it's a good time to buy...I'd be happy. I know it's not as simple as that but that's what I want! lol!

And I've never got into options. I need to !

Thanks for reading and happy investing!

Andrew

[SOL]

Andrew

When it comes to the charts focus on the indicators when they are in the oversold ranges, it is generally a good time to buy. That is the most important thing you need to know.

As for options tread slowly, maybe paper trade a bit and try to use only profits from other plays to start off.

The more you look at a chart the higher the probability of you seeing a pattern that appeals to you.

[blogbuilder]

Andrew

When it comes to the charts focus on the indicators when they are in the oversold ranges, it is generally a good time to buy. That is the most important thing you need to know.

As for options tread slowly, maybe paper trade a bit and try to use only profits from other plays to start off.

The more you look at a chart the higher the probability of you seeing a pattern that appeals to you.

Thanks. Sol, for replying - much appreciated.

Andrew

[SOL]

One other thing to remember if you want to be served well then remember to serve those that want a good service/product well otherwise you get what you push out. There is never an exception. In the sands of time, human lifespan is a joke, businesses die and new one's are born, yet 99% forget this important lesson. if you want to survive do as you want others to do to you.

[purgolder83]

Hi, All, I thought I should finally make my intro after being here for a while.

Mid-50s solo dad to two young men, living in northern Virginia. I have been an investor since I was a pre-teen, and bought my first stock, Savin (the copy machine maker) by walking in to a stock broker's office in my hometown of Madison, Wisconsin, accompanied by my mom. Savin was not a great investment, but in the years since I have made mostly smart decisions. In 2020 I made a renewed commitment to active investments, mainly through my Roth account. Did well that year, using Motley Fool for guidance. In the past few months I have been consolidating my moves almost entirely through TI's various services. I finally felt knowledgeable enough to do options, and joined Trend Blazer.

The past year has been such a learning experience, both in terms of investments and in the place money holds in my life. Like Sol, I place huge energy in building my health, as that truly is the most important thing I can manage. Very glad to be here!--JC

[bpcw]

Sounds like you have your head screwed on JC, and you're in the best possible hands in my opinion so I'm sure you'll do well!

[RMSLSP]

Hello to all! I'm new to tactical investor (2 months only) but I’m really glad I joined so decided to do my 1st post.

I'm a female, 27 years old, from Portugal, Europe.

My path until the stock market was really unexpected. I’m a law graduate, I quit my tax law internship to be a mother and to try to follow my dream of teaching Yoga which is what I really wanted for my life (although I liked tax law very much I didn´t want the life that most lawyers have), and to try to get my independence (I manage to create a small company with a friend and be my own boss). I do have that company still running and it goes okay, but as a mother of 2 who moved to the countryside the yoga teaching was left behind. After my 2nd child I started to make plans of opening my own retreat center in the most magical location in Portugal, I found a very special site, completely forgotten where time didn’t seem to have pass by, with an incredible landscape and with such a good energy I knew it was the place I was looking for! I had to do the building from scratch, well basically everything from scratch. My husband could buy the land but not much else, it would need to be a proper business and pay for itself and all the work. So I started checking bank loans and all the government monetary support for rural areas, ecological tourism etc etc (it’s common in the european union especially in Portugal as our economy is a bit miserable) apparently there are tons of it for very low density rural areas, with so many laws detailing how it works, so much bureaucracy involved but I studied it all, spent hours reading and designing my project to fit some monetary help from the government, when I went to the 1st meeting with the entity responsible for assigning those government “aids”, with my older brother (to help me as he is way more experienced than me in business) I went with lots of certainties I would get it and I basically left with the smallest hope I could any day get any king of help, it was basic just bulshit, almost making fun of people, basically just made for very big companies who have all the resources already or in some cases in reality they do not have the money available, at least not as much as it looks in the letter of the law!

So I was in the car with my brother coming back home, he got my profound sadness and despair and he said “look, I never in my live studied as much as you did studied all this stupid laws for any of my companies, maybe if I did I was rich already! If you can do that, use your time to do something that can really bring you money so you can fulfil your project with no need to ask money from anyone”. So he basically convinced me to start reading about the stock market, I never had thought I could do it. Actually my favourite newspaper was the financial times (I despise my country national newspapers - now im already questioning too much even the FT), but until then I almost never read the financial parts! In my country there isn’t this culture of investing in the stock market like in the US, it's still an extremely specific thing to do, just for the “pros”!

So my husband supported this new crazy idea, he had a lot of saved money and suddenly he was left with almost no monthly incomes, he is older and has no energy to start over again, all he likes is agriculture basically, but he wanted some kind of extra monthly/anual income to keep things balanced, so I had already started to do some real estate investments to rent and some remodellings to make some money, so with his support here I am now! All this was september last year, from november to february I did some nice (and extremely easy) money trading stocks, now after the march fall I feel its the real part where I need to learn and act wisely to make this something stable and profitable! Some "old" positions I have I’m loosing more than 40% as I was too optimistic and inexperienced, but I still have a small amount invested until I’m sure I know what I’m doing (which I know I don’t still), and I’m trying to learn every week. So my crazy idea is to try to make trading for a living (or at least a considerable extra income), as I know it’s usually done for retirement, right? When I found Sol through stock gum shoe I was really delighted by this different approach and all the mindset involved, and also very well impressed with this forum, so now maybe not so weird a spiritual yoga teacher trading at the same time...?

I’m also having some lessons on forex trading from the father of my best friend (and business partner), as he lives from forex/index daytrading only (for himself, doesn´t work for anyone), with 20 years experience, he is helping me but I’m still not getting his expertise right, I’ve been practicing that on a demo account since November last year.

Well, sorry for the long text, this is it!

Rita from Portugal

[MarkD]

Welcome Rita!

My wife and I have visited your wonderful country and hope to do so again soon. There is a lot to learn, but the first thing is patience. Just follow Sol's guidelines and do not worry. The forex effort is secondary but as you are living in Euroland I understand how that may impact your needs, much like the many Canadians following this service.

Continued good luck and health!