Page 1 of 2 12 LastLast
Results 1 to 12 of 22

Thread: Flalaw97's Account Talk

  1. #1

    Join Date
    Mar 2020
    Location
    Cape Cod
    Posts
    52

    Default Flalaw97's Account Talk

    Brand new to TSPTalk. The craziness of the market caused me to move everything to G and go looking for information on when/how to get back in. Hoping to find information here. I am a complete amateur but the constant "buy and hold" mantra from every colleague at work just doesn't make sense to me.

    Chris


  2.  
  3. #2

    Join Date
    Mar 2012
    Location
    Hampton Roads, VA
    Posts
    2,964

    Default Re: Flalaw97's Account Talk

    Chris, welcome! Glad to see you on the board, we need folks to post and ask questions to spur conversation and exchanges of ideas. A good many of the folks here stepped aside in February and missed the fall, I'm not one of them. At any rate, I rode it down, caught the rise and went to G yesterday, looking to get back in when we test the lows. Lots of smart folks who understand chart fundamentals (Bquat, DBA to name a couple), Coolhand has great analysis, as do many others. Some can speak to Elliot Waves and Fibonacci retracements, all good info, all to make informed decisions. Still, no one truly knows what the market will do, so there's still and element of a crap shoot in the whole thing.

    Hey gang! Say hello to Chris...
    50% G, 50% F COB; was 100% S COB 1 July; was 100% G COB 24 Jun; was 100% S COB 04 Jun; was 100% F COB 22 May

  4.  
  5. #3

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    10,325

    Default Re: Flalaw97's Account Talk

    Chris,

    Welcome aboard. A lot of good information in these Threads.

    First off no one here will tell you what to do. That is your choice and decision on what you are comfortable with. Folks around here have lots of data, ideas, opinions and suggestions, but the choice is your's alone. As far as how/when to get back in that is anyone's guess. With only 2 IFT's for any given month it can be the roll of the dice. Again with only 2 IFT's "buy and hold" isn't a bad thing. It just depends on how long you want to stay put in one or more funds. If you're one that doesn't like to sit in a fund for two long the hardest thing to do is time the market. Good luck and ask lots of questions.
    May the force be with us.

  6.  
  7. #4

    Join Date
    Feb 2013
    Location
    Maryland
    Posts
    2,916

    Default Re: Flalaw97's Account Talk

    Chris,

    Welcome aboard and ditto on what Whipsaw and Nasa posted.

    Just remember the two most important things: " Buy low, sell high" and "Friends don't let friends buy and hold".

    Other than that, enjoy!!!
    I pride myself on the fact that I will never have a cheesy "uplifting" quote in my signature block...Ever!

  8.  
  9. #5

    Join Date
    Jun 2004
    Location
    In Your Imagination...
    Posts
    4,313

    Thumbs up Re: Flalaw97's Account Talk

    Welcome, Chris! I am a buy-n-hold success story. I bought in low during the Financial Crisis, averaging a 28% annual return for over 10 years. I came out of hibernation on 23 Dec 2019. We look forward to your contributions on this forum. There are a lot of great people on here. I think you'll enjoy yourself.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

  10.  
  11. #6

  12.  
  13. #7

    Default Re: Flalaw97's Account Talk

    Welcome to TSPTalk FlaLaw97! Lots of smart folks here. Read and learn. Your retirement accounts will thank you!

  14.  
  15. #8

    Default Re: Flalaw97's Account Talk

    Welcome, FlaLaw97!

    Thanks for joining us. Reading over the responses from our members, I think you came to the right place. Flalaw97's Account Talk

    Sent from my SM-G930U using Tapatalk

  16.  
  17. #9

    Join Date
    Mar 2020
    Location
    Cape Cod
    Posts
    52

    Default Re: Flalaw97's Account Talk

    Thanks! The "test the lows" is a phrase I have seen on a number of posts which I am researching to see what that means. I am understanding that there is a belief/theory that once the market hits a low it will bounce back up and then revisit the low before truly turning up for an extended period?


  18.  
  19. #10

    Default Re: Flalaw97's Account Talk

    That's right. It's common to retest a low, but not all tests "pass" and in that case we'd get another new low, and start the process over.

    But a successful test of the lows usually is considered an "all's clear" double bottom.

  20.  
  21. #11

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    62,263

    Default Re: Flalaw97's Account Talk

    Welcome to the Forum Flalaw97.
    08/03/2020
    LS CRUDE Oil
    =$41.01 a Barrel, Daily Status +$.74

  22.  
  23. #12

    Default Re: Flalaw97's Account Talk

    Hi Chris, Welcome to the Forum! Sounds like you want to get away from a 100% buy and hold strategy. If so, I think you’ve come to the right place! Lots of folks here willing to share information.

    Here are a couple sites I always seem to go back to for good information on charting, technical indicators, support and resistance and trading strategies. Hope you enjoy and Best Wishes to you on your investments!

    https://school.stockcharts.com/doku.php

    https://tradingsim.com/blog/category...ical-analysis/
    Current 8-5-20=F15-S40-C20-i25 /Prior: 7-27-20=G45-F35-S5-C10-5i/7-22-20=G20-F35-S20-C20-5i/Chart Links=Page 241-242, posts#2892-2895/old charts @Page 215, #2575-76

  24.  
Page 1 of 2 12 LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
Flalaw97's Account Talk
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Flalaw97's Account Talk
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Flalaw97's Account Talk
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Flalaw97's Account Talk
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes