Stock growth

[Anonymous]

Anonymous wrote:Same here, but I make this money on much smaller amount in my taxable account. I made it on election day as I slept.
In my smaller tax free account, I sell my stock to 'lock in' the gains and sit in cash. I will go looking for something else that is cheap or wait for a down day.
If my stock goes from $15 to $22 and then back to $15, I'm just trying to catch the difference. The bigger the difference I catch, the bigger my return.
I have $45k in one account. This would give me 3000 shares at $15, right. Every dollar this stock goes up, I make $3000.
Well, next week I have $48k to make the same $3000. Gets much easier. Ofcourse I won't get it right every week, but I have two such accounts, which give me another chance if I go upside down in one. Thing usually turn around very fast. I really try to wait for the bottom prices for the 5 stocks I use. I know them well.
I need the down days more than I need the up days. NFA.
I would not do it with the big account as it is a taxable account.

Nice troll

[Anonymous]

Anonymous wrote:I made $60k in the past two days. (Index funds.) It’s a brag, and obnoxious, but not intended that way. It’s more surreal for me, when you get to this point where the snowball is really picking up mass and growing quickly, beyond what we could meaningfully contribute at this point.

Yawn. You’re not alone. Far from it. And when the market tanks you could easily lose $60K in one day.