Remember itâs all about context as well back to the OP.
QS is a highly speculative stock which you could be liable to be caught out in the short term. Iâd only invest in this for the absolute long haul if you were sure of the idea. I donât believe they actually have any revenue to date?
Where as, Facebook for instance had a horrendous hit back in July I think for a reason I canât remember. But itâs a bit more solid and with a nice revenue stream, unlike a QS
To Daos point, we all do have different risk tolerances also so itâs not always for the faint hearted.
nothing happened to the company march happened to the whole market. also a stop loss doesnât get you out at 7% just because you set it there. it would have just locked in a 60-70% loss before it bounced back for the day. thatâs your choice, not mine.
I am an individual investor yes, but I have the same access to knowledge as any other. else I would be guilty of insider trading. I am also a long-term investor who knew the fundamentals of the company. 3 things happened on the day it crashed in march, all were indirectly related and temporary, the company didnât change even as I watched it the following months. the market doesnât move on unreleased newsâŚ
And again, I didnât lose money, I just wasnât making any profits for a short while, I was quite happy to have a chance to buy so many shares when plenty of people with cold feet sold out in such a rush losing money isnât possible when you hold an asset that has no fixed value. just because I own something for a price and the next day someone else isnât willing to pay that much doesnât mean I lost the difference, if I sold at that price, then and only then have I lost that difference. just as you donât gain anything if you sit on a position 59% up but donât sell it. Itâs not that difficult a concept to understand.
whatâs dangerous is telling people what to do when you know nothing beyond your assumptions. Itâs my money and my risk tolerance, where do you get off telling me my mindset is âdangerousâ because it doesnât line up with your own?
Iâm an investor, not a trader and find no value in letting a machine make my decisions for me. but feel free to lock in your losses every time the market wobbles. I treat my money as âspentâ as soon as it is deposited, and will have no issue if one of my holdings goes to 0 because I missed some key news in my DD at least that will be a loss due to myself and not because a machine decided for me.
the point of this topic is for the OP to be able to judge their position beyond a mere change in value, whether that is 1%. 4% or 20%+. they need to judge on the actual worth of the share, not just what others are willing to pay for it today compared to yesterday.
I remember when I first started I made some emotional decisions and lost money because something was going down. I lost sight of why I invested and sold. A few days later itâd be up and Iâd be left thinking what a douche. The key is making a measured decision and not relying solely on hope.
current volatility has definitely seen values of around +/-15% hit rather often across the board. whether things will return to normal next year is a concern or if itâll take longer.
Itâs important to pick companies you really belive in for the long term. Any short term dips, or even crashes are just seen as a way of buying more shares at a disscounted price
Ive been doing this, and ive only got 4 stocks. But ive got a lot of knowledge about these 4 stocks, and im holding them in the ups and downs as im confident in there performance for the long term
Hi guys! Thanks to you guys for your suggestions. I held onto my stocks and QS has gone up with 29% return. Glad I didnât take an emotional decision to sell it.
Yes, as of now. Solid state battery technology is the future. Very expensive to make and used in select devices like pacemakers. Letâs see what happens!
Hi I brought shares in Quantumscape and have watched it drop. However I have faith and in it for long term. I plan to buy more when the prices reach bottom.
Am wary when a stock like this goes from $9 to $135 at some points in a couple of months. I suppose am used to investing in established long traded stocks
QS is hugely risky in my opinion. Itâs perfect to trade I would suggest, maybe as an investment at a price ten times less than itâs at.
To put it in perspective itâs market cap would make it one of the most valuable stocks in the auto industry, with no revenue for a few years. Screams a bit of bubble to me.
Regardless of which stock it is interesting to see people worry when 20% down, but then when stocks go up massively often they wouldnât consider selling some and taking profit.