Anyone into a Stocks & Shares ISA?

[Stevieboy]

Ouch! If only... 🤪 Still one of the best investment returns reported here.

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What do you mean "ouch"? I've made £2500....
How many did you buy?

[Simon Bolivar]

None, but when you actually make a killing like that, don't you wish you'd bought more, & had a life changing sum or is that just the way I think? Perhaps that's just being too emotional about investments?



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[ShaazK]

None, but when you actually make a killing like that, don't you wish you'd bought more, & had a life changing sum or is that just the way I think? Perhaps that's just being too emotional about investments?



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Totally. This is human nature. As much as you’ve put in or made, you always think “what if I put more…”


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[Simon Bolivar]

Indeed, still I can only hope to one day to have a big win, where I might wish I had invested more!


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[ShaazK]

Indeed, still I can only hope to one day to have a big win, where I might wish I had invested more!


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Retrospective greed is a powerful emotion

I’m generally a long/medium term (2-5 year, semi-passive) investor, I’d make significant changes and drop everything to cash if I see a crunch or liquidity event on the horizon, but other than that only look at long/medium holds. It helps if there are mega trends to spot (e-commerce, EV/lithium indices, crypto etc) to latch onto.

If anyone feels like they’ve missed the crypto boat - my view is that it’s just at the very beginning to it’s not too late to explore. It’s like saying you missed the internet boom because of the .com bubble - that was just the catalyst for “real” internet companies to get started


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[ha_banos]

Indeed, still I can only hope to one day to have a big win, where I might wish I had invested more!


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So you're a purely speculative investor then? Good luck!

Hope, wish, might.

Someone once said “In my view, for most people, the best thing is to do is owning the S&P 500 index fund. ...”

[ha_banos]

https://decrypt.co/83521/sec-proshares-bitcoin-futures-etf-start-trading

This will kick off the next crypto bull run I reckon.

[ShaazK]

https://decrypt.co/83521/sec-proshar...-start-trading

This will kick off the next crypto bull run I reckon.

It’s already happening bro


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[Romeo Allones]

None, but when you actually make a killing like that, don't you wish you'd bought more, & had a life changing sum or is that just the way I think? Perhaps that's just being too emotional about investments?



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I had this type of sum briefly when I was just out of Uni, and I had already been buying shares for a few years so I knew what I was doing and had a nice bank when the DotCom boom suddenly came and I made a killing in 6 months... I gave back almost a third of it when the inevitable crash came in March, but unlike all my novice friends who lost everything as they went back in to buy more when prices looked so cheap, they were not, I cashed up the lot knowing this was all false hype, and for a guy in his early twenties I was pretty damn rich for a while.

[Drewster]

I just don't understand how it all works so have never dabbled in the world of stocks maybe I'm afraid it doesn't work for me

[Romeo Allones]

I just don't understand how it all works so have never dabbled in the world of stocks maybe I'm afraid it doesn't work for me

You know you can actually make consistent good money from a random dartboard approach to picking shares, you just need a buying policy and selling policy, ie run your profits or say fix selling at a 20% profit and cut your losses when they are 10%. Nearly everyone knows this but having the actual emotional discipline to do this is very hard. I went to a few therapy lessons to act more like a cold-blooded robot but even if you make money investing in shares its a negative game emotionally, as the pain you feel for a £1000 loss is far greater than the joy of a £1000 win.

[ShaazK]

You know you can actually make consistent good money from a random dartboard approach to picking shares, you just need a buying policy and selling policy, ie run your profits or say fix selling at a 20% profit and cut your losses when they are 10%. Nearly everyone knows this but having the actual emotional discipline to do this is very hard. I went to a few therapy lessons to act more like a cold-blooded robot but even if you make money investing in shares its a negative game emotionally, as the pain you feel for a £1000 loss is far greater than the joy of a £1000 win.

Very interesting. I wonder how performance would be of a simple bot programmed to do exactly this - random stock pick with a positive and negative trigger, rinse, repeat. No emotions.

Personally I like picking themes to follow for a while. That way you do some research and understand the industries/trends, but essentially take a bet on strategy+execution ability of the companies you invest in. I don’t necessarily like hype driven companies or rumour based quick wins.

The probably is nowadays with all the Reddit investors and sentiment based moves, it’s so tough to judge trajectory based on fundamentals.


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[ha_banos]

Very interesting. I wonder how performance would be of a simple bot programmed to do exactly this - random stock pick with a positive and negative trigger, rinse, repeat. No emotions.

Personally I like picking themes to follow for a while. That way you do some research and understand the industries/trends, but essentially take a bet on strategy+execution ability of the companies you invest in. I don’t necessarily like hype driven companies or rumour based quick wins.

The probably is nowadays with all the Reddit investors and sentiment based moves, it’s so tough to judge trajectory based on fundamentals.


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Check out 3 commas. That's exactly what kind of bots you can use. Also many others.

[smokey joe]

You know you can actually make consistent good money from a random dartboard approach to picking shares, you just need a buying policy and selling policy, ie run your profits or say fix selling at a 20% profit and cut your losses when they are 10%. Nearly everyone knows this but having the actual emotional discipline to do this is very hard. I went to a few therapy lessons to act more like a cold-blooded robot but even if you make money investing in shares its a negative game emotionally, as the pain you feel for a £1000 loss is far greater than the joy of a £1000 win.

Hand the folio to Mr. Goxx

https://www.google.co.uk/amp/s/www.bbc.co.uk/news/technology-58707641.amp

[Simon Bolivar]

Hand the folio to Mr. Goxx

https://www.google.co.uk/amp/s/www.b...y-58707641.amp

Up 20%? I could use his advice!