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Jake Broe
Jake Broe
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Comments by "Jake Broe" (@JakeBroe) on "$25K Trading Challenge (Day 046) - I Went FULL LEVERAGE" video.
Thanks for watching everyone! If you enjoyed this video then give me a LIKE to support my channel! Also check out my entire playlist for this brokerage account challenge: https://www.youtube.com/playlist?list=PLscTZuOqKWIyS6LKoVjC_fifTSiwrxdNV
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Hey Nitin! Nope, good questions! Ideally, the more positions I am in, then the more information I have to status track and monitor. Just easier to miss something. Additionally, for active traders, the more positions they take and the more decisions they make the more they will just revert to the mean. If there is actually ANY skill to active trading, then a trader should get better results from $3,000 trades in 10 companies rather than $1,000 trades in 30 companies. Just pick the better ones and concentrate more money there.
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This is some serious insider information you just gave me. I don't live near a Costco anymore, so I'm out of the loop. Thanks for letting me know Paul!
3
Hey Susanita! I spend less than an hour a day checking or thinking about this. With researching and all total, I don't want to be putting more than 5 hours a week worth of thought and effort in to managing this account. Obviously because I am making YouTube videos and documenting everything, that takes time... but if I were doing this privately, less than an hour a week day is my goal.
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Thanks getsu! I majored in geology in college! So I'm a chemistry/science nerd for sure!
2
Thanks for the comment and support Nick! Cheers!
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Thanks Matt! I don't claim to be some kind of infallible guru. This could turn bad at any moment, lol. We'll see what happens!
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You are correct! I can emphasize that in my next video for sure!
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Generally, the lower the both of them are the better. Except... if they go too low, that could be an indicator the company is struggling and nobody is willing to buy the stock. I use macrotrends to see where the company has been valued in the past and that is how I know I am relatively getting a good deal today.
2
Hey Evan! Navy Federal is high unfortunately, I don't recommend them for investing. Go with either Vanguard, Fidelity, or Charles Schwab. Check out my channel for videos on all three!
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Thanks Silva! Cheers!
1
@EE-ie9gm , that's probably true. In 1890, 60% of the S&P 500 was railroad stocks.
1
Thanks Ryan! CVX... hmmm, declining revenue, negative net income, issued new stock last quarter, P/FCF is 125... Maybe later this year will be good for them, but I wouldn't touch that stock. The energy sector is in chaos.
1
I think so as well. If stocks keep going up through summer, I'm going to start buying put options on over valued stocks.
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Best of luck to us next week Zunar!
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Maybe JP! If you see my walking around, then say hi!
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I always buy calls 4-6 months and get rid of them at least 1-2 months before their expiration.
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Hey abu! I agree that I shouldn't be this leveraged. I talk about that in the video. After next week, I will de-leverage. But with the stimulus passing and checks be direct deposited this weekend, I am doing everything I can to give myself the best positioning possible for success in the market.
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Very true Peter! Gotta be careful with covered calls and explosive growth stocks!
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I think the Nasdaq is grossly overvalued and for anyone who cares about valuation when comparing stocks, some of that money has to even out and flow to other sectors. It's fine if the whole market is over valued, but it has to comparative amongst the industries.
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Not sure about that! I can look in to it.
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You bet solo! Cheers!
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I'm not trying to make it a fair fight, haha. I'm trying to be an active investor, which is the opposite of a passive investor who just buys a total stock market index fund. It's 100% active vs 100% passive.
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Thanks Chris! Cheers!
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