RCMich

291 posts

RCMich

RCMich

@Umichkid10

Lover of stocks, sports and family and all things Michigan Wolverines. Work in the financial field and love traveling as well

Katılım Şubat 2022
61 Takip Edilen61 Takipçiler
YodaStocks
YodaStocks@YodaStockInvest·
Would you ever have >50% of your net worth in ONE company? I have that right now...
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RCMich
RCMich@Umichkid10·
@trainer_skyi I believe so. You garner more respect from others
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Gym
Gym@trainer_skyi·
Does being fit really change the way ppl treat you?
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Gym
Gym@trainer_skyi·
All the hours in the gym won’t matter if you can’t control the foods you put in your mouth.
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RCMich
RCMich@Umichkid10·
@moninvestor Set stops, reassess and buyback. You have to double your money after 50% just to get even
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mon
mon@moninvestor·
Anyone can hold through a 5% dip. The real test is whether you can survive a 30-50% drawdown without being forced to sell.
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RCMich
RCMich@Umichkid10·
@stockmom Sorry if already posted but what are your favorite stocks now?
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Stock Mom™
Stock Mom™@stockmom·
Good morning again. Went back to bed. Isn't that what Sundays are for?
Stock Mom™ tweet media
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RCMich
RCMich@Umichkid10·
@anandragn Stop losses are your friend. There’s no law you can’t buy back after getting stopped out
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Anand
Anand@anandragn·
People telling you that you have to stomach massive drawdowns to become a great investor either have no clue what they’re talking about or are totally lying to you. You can make pretty good money in markets without constantly getting your ass handed to you. It is possible to compound while keeping max drawdowns closer to 15–20% through position sizing, discipline and basic risk hygiene. Now the narrative seems to be, “Oh the macro is bad” “Too much volatility in growth stocks” after their favorite stocks are already down 50-60% Where was this concern earlier? Where was the risk management before these big declines? Some are discovering macro after the damage is done. While others still seem completely oblivious, continuing to post 500 word theses on totally speculative names, expertly moving to what’s the next hot name without any regard for risk. What gives? Curating your feed takes time, but it’s totally worth it.
Anand@anandragn

I’ll say this and sign off for the night. If you pay attention to many of the best traders here and there are some great ones sharing freely and openly… they’ve been pretty much saying the same thing: stay defensive, stay patient, and don’t play hero ball in this kind of tape Then there is the other extreme side where an “all-in” mentality is glorified and even justified day after day We could bottom tomorrow and go back straight to all time highs, still it’s an incredibly dangerous mindset to have during an unwind of this magnitude. Been here long enough to see countless accounts come and go on this app. The ones that last usually know when to press, when to step back, and when to sit things out entirely Who we follow ultimately shapes how we think, how we manage risk, and how long we stay in the game. Goes without saying, be very careful who you follow & learn from ✌️

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RCMich
RCMich@Umichkid10·
@saxena_puru Agree. It’s a momentum deleveraging and quite painful but not the peak
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Puru Saxena
Puru Saxena@saxena_puru·
The big selloff in AI stocks appears to be a routine pullback, not *the* peak. Many companies now trading at reasonable valuations and they should beat estimates for a few quarters.
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RCMich
RCMich@Umichkid10·
Definitely debatable but I’ll have to disagree. Better all around player. Sampras was a force though
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RCMich
RCMich@Umichkid10·
Watching Fed at Wimbledon will always be one of my favorite experiences in this life
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RCMich
RCMich@Umichkid10·
Awesomeness
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RCMich
RCMich@Umichkid10·
@cryptofergani He’s been dead wrong on just about everything so there’s that
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Crypto Fergani
Crypto Fergani@cryptofergani·
BREAKING: TOM LEE JUST SAID WE ARE ABOUT TO SEE ONE OF THE BEST RETURNS OF OUR LIFETIME IT’S COMING
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RCMich
RCMich@Umichkid10·
@Fibonacci_TA We are in a big momentum deleveraging now. Not sure when it ends but it’s very hard to fight
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RCMich
RCMich@Umichkid10·
@stockmom Stocks grow 9-10% on average. GDP 3%. In normal times the gap will keep growing. I never saw the validity of this metric.
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Stock Mom™
Stock Mom™@stockmom·
⚠️Let this sink in. The global stock market cap is up to 137% of global GDP. This is literally near the highest on record. We are talking levels near the 2021 meme stock frenzy. What could go wrong?
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RCMich
RCMich@Umichkid10·
@JacobKeeton20 Hopefully you are able to get back on your feet. I’d recommend ditching options altogether
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RCMich
RCMich@Umichkid10·
@JacobKeeton20 Sorry to hear man. You definitely do have integrity and that’s priceless
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Jacob Keeton 🚀🛰️🧇
I am stepping away from X I got wiped out... completely. My own fault was basically gambling at the end... no crying in the casino, right? Just wanted to put it out there that the space/investing community on X is amazing and thanks for all the memories! Felt special being a small part of it.
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Avi
Avi@FitnessEmpiree·
Any gym goers here still building muscle with no creatine, no pre-workout, and no fancy supplements?
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RCMich
RCMich@Umichkid10·
Young Nadal was like a Samurai Warrior
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RCMich
RCMich@Umichkid10·
@StockTrader_Max $20 is definitely possible but would be a great buy there
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Popcorn Post
Popcorn Post@PopcornPost_·
Best Denzel Washington performance, but it can’t be Training Day or Malcolm X.
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Dean Turner
Dean Turner@DeanTTraining·
Look…I’m really happy LeBron James is a Sixer but we have GOT to do something about his Lateral Raise form What is the GOAT doing here???
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RCMich
RCMich@Umichkid10·
@MikePLTR Love ONDS but don’t really see the appeal of OPEN
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Mike Romano
Mike Romano@MikePLTR·
Name a better stock under $10.00 USD compared to $ONDS and $OPEN … You simply can’t do it.
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