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Hey Nerds: Blockchain

Sometimes you can't help but print money; other times everything sucks.

The first part of the year was unsustainable -- we all knew that. LT folio was about 50% YTD by late February. That's not supposed to happen -- I took some off, but when things slide you're gonna feel it. LT folio is now up 40% - which is still ridiculous but I have more cash right now.

On the trading account, today was a small loss....but I just enjoyed 7 straight winning days in a row, where almost everything worked.
 
In late February, your LT portfolio was up 50% from January 1? Or from February 2020? Because the first one would be insane.
 
LeafOfFaith said:
In late February, your LT portfolio was up 50% from January 1? Or from February 2020? Because the first one would be insane.
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The insane one...remember pot stocks went to the moon after Georgia.

And stuff like ROKU went up like $130 in 6 weeks.

Those were insane times..it's why I started selling...but unless I sold everything, I was bound to take a hit.
 
I really wish I'd been keeping track of how mine has moved. I think a few weeks ago, it was at its highest ever, but then precipitously fell hard, shaved 35% from the number that I can remember seeing, and now has added back so maybe I'm off ATH by about 15%.

From the standpoint of all the dollars I've put in over the years, regardless of when (some just a week ago), I know I'm over 100%, maybe 120%, I don't even know because again the account doesn't track that properly. Dividends mixed in, realized gains not included, etc.
 
Just to provide a little context MSOS went on a > 50% run from Jan 1 to Feb 11th

MSOS is now up 31% YTD. That's my benchmark.
 
CH1 said:
The insane one...remember pot stocks went to the moon after Georgia.

And stuff like ROKU went up like $130 in 6 weeks.

Those were insane times..it's why I started selling...but unless I sold everything, I was bound to take a hit.
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Yeah, that's amazing. My shit was flying too. A few names are way off their highs right now, which is actually encouraging because that means they should find their way back there eventually. I've actually had a few of the lesser performers step up while the big boys faltered, and so this is the way things go - if those former laggards keep their gains, and the current laggards retake their old highs, then the portfolio goes up that much more past the highest point I remember. If someone created some animated graph app that you could customize to show exactly what you want, that would be so cool. I'd love to plug in certain data in certain ways and see what it looks like in a chart.
 
LeafOfFaith said:
I really wish I'd been keeping track of how mine has moved. I think a few weeks ago, it was at its highest ever, but then precipitously fell hard, shaved 35% from the number that I can remember seeing, and now has added back so maybe I'm off ATH by about 15%.

From the standpoint of all the dollars I've put in over the years, regardless of when (some just a week ago), I know I'm over 100%, maybe 120%, I don't even know because again the account doesn't track that properly. Dividends mixed in, realized gains not included, etc.
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my RBC (LT folio) sucks at that too...I literally write down my total balance every Friday afternoon.
 
CH1 said:
Just to provide a little context MSOS went on a > 50% run from Jan 1 to Feb 11th

MSOS is now up 31% YTD. That's my benchmark.
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I was so focused on other things, and still dealing with so much shit at home, that I'm not getting to everything I want to get to, but I did have brief thoughts of buying more MSOS at $40 or so when it dropped, but I dropped that ball.

ZM is also making me hold back on things in case I jump in.
 
CH1 said:
Sometimes you can't help but print money; other times everything sucks.

The first part of the year was unsustainable -- we all knew that. LT folio was about 50% YTD by late February. That's not supposed to happen -- I took some off, but when things slide you're gonna feel it. LT folio is now up 40% - which is still ridiculous but I have more cash right now.

On the trading account, today was a small loss....but I just enjoyed 7 straight winning days in a row, where almost everything worked.
Click to expand...
Yeah so when shit was flying I sat back and watched the show. Now I'm managing risk and grossly outperforming MSOS to the point where I'm probably thinking it's mostly luck or just an unsustainable hot streak. I swear, despite the lack of gains (compared to the last twelve months as a whole) I've never felt more in the zone than I have these past few weeks.
 
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MSOS is up 31% this year, so if grossly outperforming even means 50% YTD, that's the insane kind of return you and I were just discussing.
 
LeafOfFaith said:
MSOS is up 31% this year, so if grossly outperforming even means 50% YTD, that's the insane kind of return you and I were just discussing.
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I'm guessing he's not using YTD time frame...but maybe something like the last month (where MSOS is down 15-20%)
 
But fuck, I swear, when the screen is mostly green, it's so damn fun. Not so much when mostly red. And for me, scoping out new targets when I find them is so entertaining, and yet also so stressful. Overall, it's like the greatest game in the world, even though it is not a game at all!

I was thinking earlier, if I had started more than 4 years ago - even say 6 years ago instead - assuming I would've gone after more or less the same names, I would be soooooo much further ahead. Like maybe 2 or 3 times, if not even more. What a massive, massive mistake it was to have been so risk averse and just sitting out investing like it wasn't literally an absolute necessity.
 
Yeah I'm almost at ATH in an all MSO folio is my point. I find that harder than simply holding during the euphoric bumblasting times. But I realize a giant portion is luck.
 
meh...you need a little luck in all walks of life....trading just requires more of it
 
Point is it's an outlier stretch and not gonna continue. I've been fooled by these stretches before, gotten over confident and it never ends well. Just trying to remind myself that I'm still a psychotic troll on a hockey message board, not warren buffet.
 
Preston said:
Point is it's an outlier stretch and not gonna continue. I've been fooled by these stretches before, gotten over confident and it never ends well. Just trying to remind myself that I'm still a psychotic troll on a hockey message board, not warren buffet.
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You can't know for sure that our new friend MSOS isn't actually Buffett, so don't sell yourself short.
 
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