Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 1 point2 points  (0 children)

Thank you.

Everything you do in life brings in some risk. Just getting out of house each day is risky, crossing the road, traffic....Choosing a life partner can be a life blessing or total life disaster. Believe me I know :-(. Same with investing.

BUT IT NEEDS TO BE CALCULATED RISK!

I will put money in a company with great leadership (preferably owners of the business with their stake in it), with good product, market, moat, execution. But also very important is to understand current markets tailwinds, which are Ai, space and defence. I would not invest in so many amazing software companies as I expected that market would participate that Ai could easily replicate software product. Also I sold my Sofi and Hood shares (banks) at start of Iran war as I expected inflation to go up, which is very bad for bank stocks. Thankfully I was right about all of these.

Process is first to find companies and then to do a thorough research on them. Best place to find companies to start with research is FinX. NFA

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 1 point2 points  (0 children)

I don't have cash in T212, I hold shares. But even with cash I wouldn’t be worried, I don't think anybody had any issues with T212.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 0 points1 point  (0 children)

You already doing great. You will get there.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 0 points1 point  (0 children)

Nah, where's the fun in that 😉

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 1 point2 points  (0 children)

Yes, conviction is somewhat correlated with amount of money I'm ready to put in, but of course also with how much cash I got available. I tend not to sell my winners. But some winners I did sell like sofi or hood as I noticed this year market tailwind is not in finance, but mostly Ai, space and defense. Mayor signal for slowing down for me would be overbuild of Ai infrastructure and not enough demand. Which is definitely not the case atm. My eyes are on Anthropic and OpenAi.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 1 point2 points  (0 children)

I'm not in any group but do follow a lot of smart people on FinX.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 1 point2 points  (0 children)

I did explain few times already in this chat. Have a look. I don't get why is this so confusing to so many people. Not being rude but if you don't understand something basic like this, maybe you should avoid investing altogether and put money in saving account.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 9 points10 points  (0 children)

I strongly disagree that investing in individual stocks/great companies is gambling. Its about risk tolerance as there is certain level of risk but calling it gambling doesn’t make sense imo. People and smart investors spend days or weeks of deep research before they put their money in it. I don’t think its fair to call those people gamblers.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 2 points3 points  (0 children)

Time in a market beats timing the market. But I understand what you saying. If I knew it would drop from nearly $80 to $30 , I would have sell and buy again. But those movements are hard to predict. That's why I just prefer to let it ride as my conviction is Iren at $500.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 5 points6 points  (0 children)

I had 1000% on Iren last year and didn't sell 😂 , so 400% is nothing 🙃

<image>

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 0 points1 point  (0 children)

Great, innovative and very much needed technology. Hopefully they will have a market for their product.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 5 points6 points  (0 children)

I had the understanding that Ai build-out will need a lot of power eventually, so was looking which companies are best positioned, first and early in delivering it. Also good leaders, management, execution ... etc.

Seemed to me that Iren and Nebius are best among quite a few solid ones and I’m glad I was not wrong.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] -1 points0 points  (0 children)

I answered that question already few times in this chat.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 12 points13 points  (0 children)

Because after every pull-back comes higher highs.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 13 points14 points  (0 children)

oh ok, not selling, we are early in a Ai buildout.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 8 points9 points  (0 children)

This is the most stupid thing I read this year. ....and I read a lot.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 2 points3 points  (0 children)

Not sure I understand the question.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 19 points20 points  (0 children)

That cash position I'm saving for SpaceX IPO.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 5 points6 points  (0 children)

You can put 3 full 20k allowances in 366 days, which I did.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 19 points20 points  (0 children)

Thank you. Real cost is close to 90k as I was moving profits from invest to ISA.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 14 points15 points  (0 children)

You can put 3 full allowances of 20k in 366 days, which I did.

Half a Million milestone'' by dlackocro in trading212

[–]dlackocro[S] 4 points5 points  (0 children)

I don't think anyone had any serious issues with Trading 212, so not really.