Results 271 to 285 of 427
Thread: Investing in Precious Metals
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8 March 2021, 11:40 #271
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8 March 2021, 12:00 #272
STCG tax does suck... Your welcome on the tip, I still have 20K shares and hope she keeps rising. Lost my daytime job last week, I was wanting to get into day trading anyways. So I have to take profits off the table and protect my cost basis. 32 years of back breaking construction, I am done with that... Feels good to use my brain for work instead of beating the hell out of my body. Free's me up for time out on the land this year!! No more bosses and no more time clocks How is the house coming along? Should be dried in and then some by now???
Last edited by Stone; 8 March 2021 at 12:06.
The best way to survive a violent encounter is to be the one inflicting the most violence.
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8 March 2021, 12:16 #273
I did a little better than that. More than doubled my money in one account. .11 per share sold at like .26 and another account .17 per share sold also at .26
I don’t know the smartest way to figure the math. I figure either way with those gains I can go back in when things calm down for twice as many shares or so. Hopefully.-One Nation, Under God
-"The bad news is time flies. The good news is you're the pilot." ~ Michael Althsuler
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8 March 2021, 12:44 #274
You just need two numbers to figure out the percentage of gain or loss. Example: I bought 1K shares of XYZ at $10 a share = $10,000 , then I sold all 1K shares at $15 a share= $15,000
Formula: Ending number minus starting number, divide by starting number then multiply by 100
15,000
-10,000 = 5,000 divided 10,000=.5x100= 50% gain.The best way to survive a violent encounter is to be the one inflicting the most violence.
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8 March 2021, 12:53 #275
I guess what I meant was I don’t know the best way to figure when exactly I need to sell or how much.
What I interpreted was that things are going to drop, that and with another individual telling me to sell everything I decided maybe that was best. Maybe I was mistaken. I’m hoping it drops back into the teens again or even lower.
Idk. What’s your crystal ball tell you? Y’all got me half wondering if I screwed up.-One Nation, Under God
-"The bad news is time flies. The good news is you're the pilot." ~ Michael Althsuler
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8 March 2021, 12:59 #276
What was your percentage gain??? Just a guess but:
13500
-8500= 5000 divided by 8500=.58x100= 58% How did I do??The best way to survive a violent encounter is to be the one inflicting the most violence.
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8 March 2021, 13:04 #277
Sold 15K at $0.30 for a 90% gain. If it dips, I'm back in.
NRA Benefactor Member
NRA Certified Instructor
"I won't be wronged, I won't be insulted, and I won't be laid a hand on."
John Wayne - "The Shootist"
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8 March 2021, 13:06 #278
Nice job Jerry!!
The best way to survive a violent encounter is to be the one inflicting the most violence.
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8 March 2021, 13:29 #279
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8 March 2021, 13:34 #280
One account, 26,750 shares bought at .11, sold at .267
Came up with 2,942 = 7,142
2,942 / 7,142 = .411 x 100 = 41.19
So 41.19%
The other account:
3,944 = 6,032
3944 / 6032 = .6538 x 100 = 65.38
65.38%
Seeing that stock now at .30 is killing me. Kinda wish I hadn’t gotten on WEVO today.-One Nation, Under God
-"The bad news is time flies. The good news is you're the pilot." ~ Michael Althsuler
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8 March 2021, 13:37 #281
@ UW Thats where identifying support and resistance levels is crucial.
"Why is that everytime I buy a stock it goes down"
The best way to survive a violent encounter is to be the one inflicting the most violence.
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8 March 2021, 13:42 #282
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8 March 2021, 13:45 #283
How you come up with 91%?
And thanks! Still hope it goes below .26 (hopefully FAR below) so I can buy back in.-One Nation, Under God
-"The bad news is time flies. The good news is you're the pilot." ~ Michael Althsuler
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8 March 2021, 13:47 #284
Get it all together into 2 numbers, its alot easier.
Ending number minus starting, then divide by the starting number then times 100. I think you swapped the starting with the ending in your calculations.
Dont chase the stock at this point, thats where people loose their a$$... Thats where FOMO kicks in, 91% gains is rock star status...Last edited by Stone; 8 March 2021 at 13:53.
The best way to survive a violent encounter is to be the one inflicting the most violence.
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8 March 2021, 13:50 #285
Maybe this is easier:
What you sold it for, minus what you bought it for, divided by what you BOUGHT it for, then times 100The best way to survive a violent encounter is to be the one inflicting the most violence.