Rite Aid Corporation’s shares have fallen by 23.5 in the past three months, underperforming the industry’s decline of 20.8. The stock’s dismal run on the bourses is attributable to muted demand for COVID tests and vaccines, the adverse impact of closed stores, and lower membership at Elixir. The Philadelphia-based chain sank 51 on Friday, setting a new all-time low of $0.71 a share. Rite Aid is down more than 91 since this time last year. The marginal change was primarily due to an extra week in the fourth quarter and increases in comparable front-end sales and non-COVID prescriptions, partially.
Rite Aid posted third-quarter fiscal 2023 results, wherein the bottom and top lines beat the Zacks Consensus Estimate. However, both metrics declined year over year. Rite Aid’s stock was up 85.6 for the week as of Friday at 11:30 a.m. ET, according to data provided by S and P Global Market Intelligence.
Rite Aid Corp.’s stock rose 6 Thursday to break a five-day losing streak, after the drugstore chain surprised investors with a narrower-than-expected loss for its second-quarter earnings results before the market opened. Rite Aid filed for bankruptcy late Sunday saying it will close more of its stores and it named a new CEO as part of a restructuring.
The Wall Street Journal and Bloomberg reported that Rite Aid was preparing to file for Chapter 11 bankruptcy. The company’s ownership has transitioned to certain Rite Aid creditors, and all of Rite Aid’s existing common shares were canceled. News of the company’s possible removal from the New York Stock Exchange follows talks of a possible bankruptcy filing. Corruption and mismanagement cripple the company’s finances, overbuilding reduces store profitability and increases costs. Rite Aid has not gone bankrupt as of Q1 2022.
📹 Why Stocks ALWAYS Go Down Right After You Buy (Psychology)
The stock market has been a hot moneymaker for millions over the past several months. But, at the same time, many always get …
Why is Rite Aid empty?
Rite Aid, a US drugstore chain, filed for bankruptcy last year due to opioid-related lawsuits, slowing sales, and mounting debt. The company received approval from a bankruptcy court judge to restructure its business, allowing creditors to control it. Rite Aid has closed hundreds of stores to improve operations, with personal hygiene aisles nearly cleared out and household cleaning supplies scarce. The food aisles are hit or miss depending on the type of snack being sought.
What went wrong at Rite Aid?
Rite Aid, the third-largest drugstore chain in the United States, has encountered considerable difficulties as a consequence of prolonged mismanagement and misguided decision-making. The company’s decision to file for bankruptcy in October was precipitated by the accumulation of liabilities associated with lawsuits pertaining to the distribution of opioids and the prevailing challenges within the retail pharmacy sector. In an article published by The Wall Street Journal, the company’s unfortunate history was detailed, with particular emphasis placed on the significant losses incurred over an extended period of time.
What is the Rite Aid scandal?
Rite Aid, founded in 1962 as Thrift D Discount Center, faced an accounting scandal in 1999 when it began restating earnings due to accounting irregularities. Six former Rite Aid senior executives were convicted of conspiracy in 2003 for accounting fraud and false filings with the SEC. The company changed its name to Rite Aid Corporation in 1968 and moved its stock to the New York Stock Exchange in 1970.
Rite Aid’s growth was marked by acquisitions like Envision Pharmaceutical Services in 2015 and two merger deals with Walgreens and Albertsons. Former Rite Aid executives admitted to overstating net income between 1997 and 2000.
Is Rite Aid being bought out?
In 2017, Walgreens announced the cancellation of its merger with Rite Aid, offering to purchase 2, 186 stores for $5. 18 billion, plus a $325 million cancellation penalty. A revised deal was made, with Walgreens purchasing 1, 932 locations for $4. 38 billion, approved by the FTC on September 19. The revised sale was completed in March 2018, leaving Rite Aid with around 2, 600 remaining stores. Three distribution centers and related inventory were transferred, and most stores were rebranded as Walgreens.
In February 2018, Albertsons announced plans to acquire the remainder of Rite Aid in a merger of equals, but the plan failed to please shareholders and was cancelled on August 8, 2018. In October 2020, Rite Aid announced the acquisition of Bartell Drugs, a Seattle-area chain, for $95 million, which faced criticism from customers due to staff turnover and computer system glitches.
What is the future price of Rite Aid stock?
Rite Aid, a drugstore chain, offers prescription medications, over-the-counter drugs, and health and wellness products. The company is reshaping the modern pharmacy by catering to customer demands through convenient channels like retail and delivery pharmacy services. Rite Aid’s wholly-owned subsidiaries, Elixir, Bartell Drugs, and Health Dialog, provide pharmacy benefits and services, including accredited mail and specialty pharmacies, prescription discount programs, and an advanced adjudication platform.
These components provide exceptional member experiences and substantial cost savings. Health Dialog offers healthcare coaching and disease management services through interactive live online sessions and phone-based health services.
Is Rite Aid a good stock to buy?
Rite Aid, a drugstore chain, offers prescription medications, over-the-counter drugs, and health and wellness products. The company caters to customer demands through retail and delivery pharmacy services, as well as services provided by its wholly-owned subsidiaries, Elixir, Bartell Drugs, and Health Dialog. Elixir provides pharmacy benefits and services, including accredited mail and specialty pharmacies, prescription discount programs, and an advanced adjudication platform.
Health Dialog offers healthcare coaching and disease management services through interactive live online sessions and phone-based health services. Rite Aid’s stock has received a consensus rating of sell.
Why did Rite Aid collapse?
The company’s financial situation was significantly compromised by instances of corruption and poor management, as it operated 4, 000 drugstores across the United States. Additionally, the company was engaged in a series of strategic acquisitions, including the purchase of numerous drugstore chains and a pharmacy benefit management company. The company’s operations were adversely affected by these circumstances.
Is Rite Aid a good stock buy now?
Rite Aid, a drugstore chain, offers prescription medications, over-the-counter drugs, and health and wellness products. The company caters to customer demands through retail and delivery pharmacy services, as well as services provided by its wholly-owned subsidiaries, Elixir, Bartell Drugs, and Health Dialog. Elixir provides pharmacy benefits and services, including accredited mail and specialty pharmacies, prescription discount programs, and an advanced adjudication platform.
Health Dialog offers healthcare coaching and disease management services through interactive live online sessions and phone-based health services. Rite Aid’s stock has received a consensus rating of sell.
Will Rite Aid go under?
Following the successful conclusion of its financial restructuring and the avoidance of Chapter 11 bankruptcy, Rite Aid will transition to a private company.
Why is Rite Aid stock dropping?
On Friday, Rite Aid (RAD) shares reached an all-time low of $0. 71 per share, representing a 51% decline since the previous year. This development followed reports that the Philadelphia-based chain was preparing to file for Chapter 11 bankruptcy.
Is Rite Aid losing money?
Rite Aid, a US pharmacy chain, has reported a $307 million loss between March and May 2023, and a loss of about $3 billion over the past six years. The company, which employed over 6, 100 pharmacists and operated 2, 100 retail pharmacy locations across 17 states, plans to close 154 stores nationwide. It now operates around 1, 416 stores in 16 states. Rite Aid also sold off some of its businesses, including its Elixir Solutions business, to MedImpact Healthcare Systems for $577 million in February. The company’s bankruptcy court documents indicate a significant reduction in its footprint.
📹 IT Stocks down 20%-35% – Right time to add IT stocks in FY25? IT sector Analysis
Disclaimer: I am not a SEBI registered investment advisor or research analyst. The content posted on this platform is purely for …
As a retail investor, I am an algorithmic investor. I hold 20% of my assets in cash. When one of my holdings drops by >2.5% in a day, I dump 1/4 of my cash into it. When it recovers, I pull my principal back out. This allows me to accrue equity without long term risk. This algorithm has resulted in sustained growth (CAGR) of approximately 50%. It’s not hard to be an algorithmic investor and the potential benefit is very large.
It is very hard to truly be a day trader. I think you need to hold over some weeks or a month or so to ride out the intra-day movements to properly. The temptation even then is to sit and watch the price movements but you do need to sometimes just forget about them and remember to set an action to close out the trade if the price reaches a certain amount.
I went through this exact situation when I first started trading. I’m still new at it and learning everyday, but I’ve come to learn not to panic and stick with my strategy while at the same time evolving and compensating the strategy. If you panic and get stressed out, don’t have a logical long term and short term strategy. This market will chew you up and spit you out.
Easy strategy against fear, despair and panic: don’t put all of your money into the market. I think the best idea is to use only a small portion of your properties for the market, that way you won’t really be bothered by losing a part of it (clearly you can’t just random YOLO all your equity without any idea, mhm)
I think key rule is to never buy at all time high, just set alert at ridiculous low price and wait trust me one or more of the positions will get down. Don’t be greedy 20% is good ..you can risk if you see market picking up and sell at 27%. Remember if you manage to use same money to do it twice a year it’s a great result.
Basically it means that you bought the stock too late. After it already ran up. People want to buy a stock after the news gets out. And see it going up, so we buy. But the market is all about buying the rumor and selling the news… Basically it means that people aren’t educated enough so only look for stocks going up. But if you do your “due diligence” you would wait for a pull back then buy… it’s basically lazy investing. Can’t blame anyone but themselves.
When I first started trading equities I was going to double my money every 3 months. After losing money for nine straight months I decided to get educated. Risk management, MACD, volume, fundamentals, technicals and trendlines were all greek to me. Learning how to make money when the market goes up, sideways or down is eye opening and gives you a perspective on why the market is so unpredictable.
That’s why retailers absolutely must fully vet a company before they buy in, otherwise, doubt will set in and they will sell… nearly every time. Companies which are performing well and have plenty of room for more growth will always see their stock prices recover and exceed previous highs… ALWAYS! Don’t go overweight in a position which would force one to sell at a loss should the price drop too much for the account to handle. And stop checking the account every five minutes. Check in once a week and adjust if necessary. Buy good companies and wait. Wait longer if necessary. Time is the key. You won’t win against big money and pros any other way.
What i truly don’t understand is after i buy a stock it suddenly goes does but yet when you look at the stock it shows that it’s still climbing and going up i have noticed this a lot on Robinhood. To me it feels like they want to take as much money as they can from you because of greed of course. Before it runs back up
Just don’t buy at the top … Buy at the bottom as where the price starts the lowest as lowest …. like if you buy at 0.2 it takes to double is 0.4 but if you buy at 0.4 it take to double is 0.8 but if you bought at 0.2 to 0.8 is soo delicious …. Even though everyone is crazy about one thing because they are buy at bottom and because they get profit .. do you think you can be like them if you follow them where you buy at top IT’S SO MUCH DIFFERENT …
Yes in the absolute beginning I lost a lot of money for me because i did many mistakes. I still make mistakes but the important thing is to learn from them in an emotionally detached way (as much as this is possible). the real curve ball was yesterday when someone bought something i was already invested in for 40 millions spiking the price 30% up and me taking it as a very bullish sign held on to it even after the next (and final peak), now the price is where i originally invested (had the chance to almost double up and now im losing a bit and hope it doesn’t drop any further)
When you say algorithms, you have said it all, machine learning, as you click buy it responds by pushing price low to get trigger a reaction from you, if you don’t react it makes another move in anticipation of your behaviour, it has mastered human emotions over a long period and creates wealth for the market makers.
Success is dependent on the action or steps you take to achieve it. Show me a man who doesn’t have an investment and I will tell you how soon he’ll go broke. Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 💯 guaranteed.
Lmao I remember when i see my friend bought a Cement Company stock I thought it is quite a safe investment because Infrastructure building is booming in my nation But then it just dip almost 2-3% Ofc in panic he Sells it immediately And loses well not much around only a couple of cents. Well i didnt know why that actually happened But atleast for now i know
This is quite interesting and informative but before going into stock or any crypto currency investment will recommend you to do a bar ground check up to ensure you are investing in a solid source to avoid blown account, An alternative seek professional guidance as a new bie or if you are having challenges to avoid loses of funds.
Hi Guys, i am an indian full time retail investor and according to my experience stocks do go down, but understand one thing before buying the stock know the company at first place, & apply demand & supply rule with external impact which can impact on that stock value, Patience can pay if you know the company well before investing
didn’t watch this but if it plummets, it’s bc you’re chasing near the top. if you’re talking about small pullbacks after an execution is because MM algos are designed to do that to shake out weak hands induce more trades. similarly, it’s designed to go up a bit after you sell. everything else is due to active participants.
The thing you have to remember is ever BUY is also a SALE. Once the price is driven higher than it’s worth….bids will start going down….price will drop until it gets to a point that people feel it is a “good buy” again. Truth is….over the long run, good companies will go up and bad companies will go down. Time in the market beats timing the market. A “bad price” today could be a GREAT price in 5 years. and a “good price” today….could be very high in 3 weeks.
Always happen with me whenever try to wait for buy the dip stock price goes up and bought on the same asking price rather than put a limit and price went down right away. If I bought some stock at a good price than I always sell them with very very small profit and after I sell the stock ;;;;;;; price turn into skyrockete
Stop fomoing in.If u missed the rally even by a little bit just sit and watch for it to go up and then sell off. Start entering when it sold off and found the bottom. It will look like a micro chop on low volume. Dont buy in before u start seeing the floor for a few days. And most important- always assume that it will go down more when u buy, so use just a portion of your gamble money so that u could average down as it drops.
Matters what kind of trade-in you’re doing if you’re doing quick trades 10 or 12 a day or more then you Buy on the drop, if it drops one point below your purchase you sell wait a few seconds then buy again ( mind you you should be familiar with the stock you’re dealing with so you should know the estimated low that’s when you play this game) always remember the gains are always sweeter than the lows, what’s going to end up happening if you’re playing this game during the lows you’re going to end up riding that bull through the new resistance level and if you played your familiar stocks right you should be gaining, another method I use when the stock market first open throw $2 in there( I called this the fishing floater ) anyways throw $2 in there watch your loss you’ll know when you hit the bottom it ah tug on that $2, once you see 20-30cent gone or whatever it is, and it starts floating back up and down and up and down you’ll pretty much know how the markets going to run for the day then you can throw your big money in at the right times( it’s like fishing once you feel the tug or see the floater bobbing it’s time to reel it in ) ✌, good luck Monday morning stock Brothers ( Vaxxinity keeps dancing between 3.05 and 3.30 Zymergen between the low and $2 🙄) ……
I have a list of companies that I believe in and made large research about them. I set buy/sell target prices for all of them and continuously following the price movements. Once they fall to price that I consider fair I buy them and wait few quaters. I have been doing this for the past 5 years and my annual returns were between 5% and 31%. During time for which I hold shares I do not focus on short term fluctuations because there is a danger that my emotions will prevail and I will sell my positions.
Yes all of my stocks went down by 3 – 5% after buying them but this is happening right now (during 3rd wave of covid). however i analyzed them well before investing. Looks like momentarily loss or people selling off to book the profit. either way, when a stock goes low or high they are just a digital number on the computer screen until you really sell or buy. so my idea is to wait and book the profit when they get back up.
I noticed after learning technical analysis I can nail it on the peak within a few pennies or dollars depending on the things price size. Also I have gotten in as it’s climbing still after buying it. Using a few fib charts and limit orders this stops getting in and perusal it go way down immediately…. Like I said I can ping a stock trading in a retracement or fib extension or at a support or resistance level nearly to the dollar or very close. Most trades fill when I’m a sleep. As far as lever trading… or just simply 1x short selling, I’m learning that… and I suck at it… LOL! I think its the necessity to put stop losses and take profits. Normal buying and selling has no time limits, and I can hold for indefinite and no liquidation price. So I go in on a trading range with several buy limits open to accumulate… it goes down more, I’m happy, I’m accumulating anyway… and as I accumulate I set various sell limits… I’ll have sells and buys set at the same time as they go up and down a trading range. Wheeling and a dealing as I call it. What I hate is a stock or whatever take off and keep creeping away from me when I set a limit buy or sell… and I have chase it… sometimes I just give up or I immediately do a market order to sell or buy it if its still a viable trade based on the TA. But yeah, I also think some exchanges, particularly crypto exchanges have bots within the exchange. It notices you have a buy limit… and ups the price… then you take that one away and put it up just a bit more.
Yeah, big hedge funds and institutions that acquire millions of shares take months to accumulate and to distribute. If they’re buying lots of shares every day the stock price will go up and they don’t want that because they haven’t solidified their full position, it’s the same when liquidating a position they need to make sure the stock price stays flat or goes up. The other reason that stocks go down after you buy them is because hedge funds and institutions pay for order flow, so they know what people are going to buy and sell.
One of the best methods I believe is just doing your research on the stock your invested in before you make your decision to buy never buy in just because it looks good and read daily reports on that stock or company to see how they are doing from time to time. I’ve been pretty successful at doing it that way and holding mid to long term dependent on the information I read.
they go down after one buys because everyone is still doing what everyone else is doing and getting what everyone else is getting. I accumulate shares – so I make money if the stock goes down or up. Based on math, I buy shares when they are low, sell when they are high – I have never lost a cent. I use certain tax shelters to cover gains. I then put profits into ETF’s/Index funds, TIPs and REITs. Cash = bonds, which are cashed when I need to transfer funds. I make no less than 40% profits per yr. a $1000 investment into your account will make 1.2 mil in 20 years but most people are looking for that quick fix. I do not gamble or like Warren Buffet says, rules for rich – #1 – don’t lose money. #2 follow rule #1.
That’s why I’m always bearish on investing. I get in when good companies price goes down! AAPL is almost ready to buy again! I have holdings that dip after I buy them but not IMMEDIATELY….I look at prices and judge against earnings to determine if it makes sense to buy anything. Even my holdings that dip eventually recover because I only hold high cap, high quality companies with either growth potential or sustainable dividend potential. If I’m holding something and it goes up a LOT I might reduce a little to add to some stocks that are sagging. But always buy when you’re down. I honestly can’t understand why people sell when they’re down unless they bought a company they don’t understand.
just don’t buy stock at one. buy it more times. and must have the faith on the company you bought. have different budget. don’t let the investment money bother your normal life. do long turn investment. I mean 5years, 10 years, your whole life. if the company is a good company and in the grow status you never buy it too expensive, if you think it is too expensive just wait or buy very little that way you are on the boat. also remember that’s always new good company go to the market. learn from the legend try to do it not wrong first. to me I feel if I don’t regret that is not wrong.
Sovereign Bank was an idea I conjured up after reading the Jim Cramer book “Real Money: Sane Investing in an Insane World” where he wrote about completely screwed-up companies that are so bad, someone super-smart is elected President and completely reforms the company and the stock improves enormously. When I came across Sovereign Bank I thought this would be my rags to riches story. I thought I found a place for me to get in on the ground floor. Well, it flat-lined for a few years, then was bought out by Banco Santander and the stock went from bad to roadkill, even less upside. It is good turn your mind away from the stock market and completely immerse oneself in other activities… smell the roses… appreciate the smell of a dewy morning after a rain… then return to the market with a clear head, you will find yourself open to new, contrarian ideas and be able to see what’s not such a great and not so great investment.
I bought a stock recently, and no kidding the next minute the stock plummeted almost 5%. I remembered, don’t get emotional. I calmed myself and just researched what happened. Apparently, some institutional investor dumped it’s share. Interestingly knowing why something happened, removes a lot of fear. I am still holding the stock. Its been almost a month, the stock kept going down…
Thats why i just chose my stocks random, or well i make a list of 200 stocks and use a program to randomize them and then buy 10 to 20 of them with 5-10% of what i want to invest. – so fare i am up abut 12% this year. But I expect everything to drop at some point 😊 right now we are in a Bull markedet, so i think will sell everything in abut 12-16 weeks and just hold my money until everything craches 😊 because it will when we hit Juni or July.
Invest with money that you can afford to lose. Do your research until you believe in the product, business model. Set your time horizon for investment vs trading. Lastly, don’t try to time the market if you truly a believer, buy in increments and you would average out the price. Follow from a distance and ignore the daily noise from the media. This is not a professional advice, it’s what works for me. You have to control your emotions.
I’ve had this happen multiple times when I’ve bought stocks, but I try not to panic. That is when you experience your worst losses. Usually I lay it ride out until it comes back up, bc it will recover if it is a good company. If it drops again, buy the dip. Remember: don’t invest what your not willing to lose.
I started trading 9/2019. First stock I went big on was NVAX with my RH account. I purchased under $5, and I purchased a load of $30 call options at $3-$5. Rode it to $150. Opened a Webull account 7/2020. Loaded up on OCGN at $0.29-$0.39. Rode to $5. Purchased 200,000 shares of DOGE at $0.007. Sold at $0.28. (Sold early) Currently banking on AVGR and IBIO……and UVXY
It’s called front running market orders, and it’s something retail traders will never be able to do, market makers and brokerages can literally see your trade attempts, buy limit, sell limit, stop loss/take profit margins and beat you to the punch 100% of the time. To think that the stock market is “fair” is hilarious. It will NEVER be “fair” it’s an arena for taking people’s money and transferring it to another person or entity, plain and simple. They are the gladiators and you are the entertainment.
“At the end of the day the stock market is simply a game to transfer money from someone else’s account into your account.” …… I think you probably try to be a good guy. So, I’m just telling you this, I’m not trying to disrespect you. That is not true. It can be used that way, but, fundamentally, or, at the end of the day, as you put it, the stock market is ownership of a business. It should be a place where one is able to go, shop around for a business they want to participate in as an owner, presumably bc they see a profitable future in it. I completely agree, business is as complex as it gets, and there are a lot of rules that seem unfair and cause complaint and dissent, but are actually fair and even reasonable when you understand more, BUT, there are also a LOT of bullshit, behind closed doors activity that makes the game NOT fair at all. At least, the industry is so full of charlatans, and so poorly policed, that people who do not want to gamble, and buy something valuable to store their money can get too easily burned. The gov’t has lemon laws for cars, and all kinds of real estate protection, why do they let people buy into a sinking ship? Shouldn’t the company and anyone selling its shares have to disclose the big hole in the flank, very clearly to the point of making people understand the reality? Or sourcing and affiliates, also very clearly? I think they should. Peace
This is why I rarely day trade . I always buy stock expecting it to go down soon but in long term it will go up . Generally this is best strategy. I made crazy returns after the initial crash from covid shut downs and cashed out, then bought more stocks based on fundamentals with money spread across board from safe to fundamentally sound with some risk to a little bit of money in high risk . Basically I can afford to lose whats in high risk, Basically making a bet with money that I made in first round on mid risk stocks and savings in the safe stock with most of my portfolio obviously being safe .
Yeah again I watched meet Kevin and he’s awesome and I enjoy listening to him but he has very little experience in where to buy a stock intraday he’s a long-term investor moreover you forgot to indicate that all high frequency trading algorithms do the opposite position that you’re doing so if you buy 100 shares of Tesla it will automatically short 100 shares of Tesla it’s called the equilibrium algorithmo
Buying stocks is almost like playing poker it’s not how good your had is it’s how much money ( leverage) you have and patience, you can’t beat a computer algorithms as they will wipe you out with big sell offs scaring you off to sell at a loss or wiping you out then buying back. The trick is to buy with no more than 3% of your capital so if you have a $1000 only invest $30 that way they can’t squeeze you out! When you invest 50% your doomed 👍🏾
No one talks about how much things like the Pattern Day Trader rule along with settlement times and Good Faith Violations all conspire to rob small investors of the flexibility to move in and out of trades with the speed required to compete with these hedge funds, high frequency traders, quants and assorted institutional entities. Anyone trading with under 25k in their account is already hamstrung, heaven help them if their order flow is being sold and every trade frontrun. The playing field hasn’t been level for a long time, seems to only get worse.
It happened to me and I made the same mistakes of selling at a loss, all because I panicked. After doing research, you find the best investors buy a stock and then double down by buying more of said stock on the dips. It takes discipline but when you treat the corrections and bear markets like a sale, it does make it more fun. But for warning, I’ve been highly addicted to buying the dips during this current correction and sank a little too much money into my current portfolio. I am currently waiting for the market to go back up to resist the urge to buy more.
There is truly an algorithm based market manipulation. Today 7/28/22 the market was going up, so I entered, immediately the market drop, I held the position but the market kept going down, then I sold my position and the market immediately went up. I did the same thing one more time and the same thing happen. Rigged.
I don’t completely agree with this analysis on psychology. It is more about pain and pleasure than greed. Pain and pleasure are far more instinctual than over consumption. A retail trader waiting for a trade to go up likely has a target price goal or a specific amount they want to make, and they aren’t doing it because they are greedy but because they need income. The larger threshold for pain you have, the longer you will stay in a negative trade. When it gets profitable and your pleasure amps up (eurphoria) then your reaction timing becomes very slow, and this is what will cause traders to make less money on a trade when they could have when they finally make a profitable trade. Now what makes markets go up or down is not entirely based on psychology because there is fundamental and technical analysis involved. Some investments just scream in your face to buy them like bitcoin has for the last ten years. However, you here stories of people going broke when it crashes. But that crash was actually a dip relative to todays price. The only way you lost money in that timeframe is if you had weak hands and sold because you were either over-exposed or over-leveraged. The leverage is a brokers game so they can do automated liquidations of your account based on margin. Over exposure happens because you spent too much money at the trading mall, like a 16 year old school girl in an actual mall. You should take the risk to invest a small amount of your money because it is an alternative way of paying your taxes.
6:50 No you are wrong. Algorithmic trading and HFT do take into account social signals. The “secret” is that “institutional investors” are basically cheating using illegal methods, not affordable to other people, like bots spamming social media with fake news etc. In the rare case where a “normie” managed to outplay the system in their own game (like the recent $GMT situation) they either ended up in jail as “fraudsters” or were described as something “evil”.
There are more important reason. Extremely fast growing stock (for a day) grab attention and after that day comes a correction, stock falls down. Extremely fast rise allways mean some falling down. Big money aren’t that smart Archegos Capital just went bancrupt with 20 billions lost just becouse of too mutch risk!
Let’s be clear about something, YOU DONT LOSE TILL YOU SELL. Do you seriously want to lose??? Ever? Don’t fucking sell then. So what your buying power may be gone for a bit. Always have a reserve then. Idk. Invest into companies that are very clearly the future that you believe in. If you panic sell, you lose. Obviously.
If you have invested and already lost once because of your in experience then don’t listen to this guy about algorithm and buy again to set yourself for another loss…learn fundamentals and technicals and then paper trade to see whether your hypothetical trades are profitable if so, then paper for another very short period of time and only then take real positions…fancy words like gaming chair, gaming hands, algorithms…and other blah blah tech words are marketing gimmicks or psychological traps to steal your wallet don’t fall for it.
Amateur investors are going up against algorithms in high speed trading that spot trends in milliseconds. Hedge fund companies virtually do the pump and dump faster than you can blink. I call it whale eating schools of little fish. Stick with index funds or pick stocks that have sound reason for success.
This was me since January as a beginner now I feel like I need to hold for longterm I started with 7k and turned it into 1,800 😭. Edit : i made the mistake of following the millenial hype I lost over 3k in amc i bought it @ 17 and it crashed the next day. I bought bitcoin at 39k and it went down to around 30k they all went up a little then dipped fast and I freak out on both and sold while it was dipping.
Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities
Nice explanation.. same strategy i used for banking sector.. today banking sector trading at all time low pe ratio .. and we know in this year we see a rate cut in interest rate by federal bank.. it push for more loan from bank.. and maybe soon rerating of pe will happen too.. Growth are there Valuation are low. Pe is low.. NPA is low.. Demand for loan increasing.. Capital expenditure by companies is increasing I’m full bullish on banking sector.. ❤️
According to me as a retail investor with not expertise in it very hard to time the market .. I will accumulate in every 5% down or keep investing in form of SIP. With this strategy we can average the price For sure over the 5 years time horizon it will give 20-25% CGAR That is good enough for me. Only you should invested in fundamentaly good company like KPIT, TATA ELXISI and Persistent etc.
I AM ACCUMULATING IT BEES AND MY CURRENT AVERAGE HOLDING PRICE IS 38. I AM EXPECTING THE PRICE TO TO GO ABOVE 41.50 IN A VERY SHORT TERM. I WILL BOOK MY PROFIT AT 41.50 AND HOLD THE BALANCE UNIS @ ZERO COST FOR LT. I PREFER IT BEES AS THE INDIVIDUAL STOCKS ARE VERY VOLATILE AND LEAN TOWARDS DOWNWARDS. THE CURRENT UPWARD MOVEMENT IS PURELY BECAUSE OF DOLLAR FLUCTUATION DUE TO US FRAGILE ECONOMY AND NOT THAT INDIAN IT COMPANIES ARE PERFORMING WELL.