Comments by "J Hutt" (@jhutt8002) on "Benjamin" channel.

  1. I went into stock market a year ago. No I wonder what life would be without compulsively checking my account balance every half an hour, having wild mood swings depending on it, and watching these videos to make me cope with it.
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  2.  @HaggisMuncher-69-420  Nah, trading is definitely not boring. If you're just methodically balancing your porfolio and not actively following the market, that's not trading. It's just investing.
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  3.  @flyerton99  Yep. You can buy and sell european options just like US (though I really don't about the markets, where?), but tgey cannot be exercised before expiry date. So, while more rigid, in a way they should be safer for many option plays?
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  4. It's like everyone in finance space is saying you should just hold through hard times and buy the dip, because stocks will always get back to upwards trajectory... Then when market slides downwards, more and more shares go out for sale. I think it's just funny.
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  5. I just read about Jerome Kerviel. I think he does deserve a mention on this channel: Guy worked in Societe Generale in France, in "Delta One" that was supposed to trade derivatives to follow underlying assets. He made 1,5 billion of profits yoloing banks money in the 2008 crisis and devised ghost trades so it only seemed he was making tens of millions (because, you know, he shouldn't have made more...) Then followed to yolo all those profits, until bank ended up losing 5 billion winding out the trades when he got caught. He become popular public figure in France regarded as guy who "showed at the scheming bankers", 2014 he made 1500 km walk to visit the pope to protest against "tyranny of the markets". In the end, he managed to win his employer in the court, got only 110 days in jail and got paid 450 000 euros of unpaid bonuses.
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  6.  @lukasmolcic5143  That's hardly comparable. I like junk food, alcohol and smoking cigars, because I value the enjoyment more, than possible health issues. Clickbait titles have no value to anyone except the one baiting the audience. That's why people hate them.
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  7.  @Grubiantoll  Yep. Secret to get huge returns is to just gamble big and never sell. If you actually do sell, and manage not to lose it just by trying once more, all the respect to you!
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  8. Yes! New video! Benjamins videos are always the best. Rare gems in Youtube.
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  9. Everything is priced may be true for most liquid US stocks, but it is far from universal. I've been trading in europe past year or so and honestly... It greatly varies stock by stock how quickly they adapt. When I follow the specific share price and news, I get the feel how it behaves to new information, I know when to trade. Of course it only works for now. One has to constantly adapt to the market environment. Like this one stock, I traded and made ~50 % profits through year, it was constantly going up on the moment positive news came up, rising couple of days, then falling back to new plateau 5-10 % higher than previous. It did that for like 5-7 times in a year, so easy pattern to follow. Plus it was very good investment on the price it was trading anyway, so it would've been win even if I had predicted wrong. Now it's overpriced, and I don't think it has much room to grow anyway for time being, so I'm out of it. I have portfolio of about 5 similar stocks at the moment. Juss read a lot of news and follow the market that others don't, and you CAN find great opportunities.
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  10.  @flammmenspeeryt9184  Nope. Everything is always priced wrong, and there's always patterns forming and disappearing based on investor psychology. This years been total bloodbath and that's not bad luck either. I'm just having problems getting my head around completely new trading environment.
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  11. So, things are leveling out in Europe, I think bottom has been reached and strategy I did use a year ago seems to again be workable. I'm back up to just - 15% this year. Not too much to go for goal of 0 % at the end of year. Feel free to laugh at me if bottom fells :D
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  12. I think I just saw the truth of options investing in practice: NOK announced positive news about upcomung earnings, first stock rallied 5 %, then started to slide down rest of the week, ending much lower than it started. Why? I don't know for sure, but investigating, there's heavy load of call options expiring 21.1 of NOK at $6. If I was to bet, there's going to be a lot of push to keep the price under that until they expire... And if that really is the case, how would you win with options, when "smart money" can control price like that? Sure call holders could have made money had they sold on top but I don't think many did... I'm holding shares, btw, and buying more if this goes on this week.
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  13. Exactly. That is why you need to revise and change your trading strategy depending on investing environment.
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  14. Yeah... This is why I just trade shares and don't use options.
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