VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.007USD
STEEM
0.000STEEM
SBD
0.000SBD
Effective Power
5.011SP
├── Own SP
0.126SP
└── Incoming DelegationsDeleg
+4.886SP
Detailed Balance
| STEEM | ||
| balance | 0.000STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 0.126SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 4.886SP | SP |
| Effective Power | 5.011SP | SP |
| Reward SP (pending) | 0.001SP | SP |
| SBD | ||
| sbd_balance | 0.000SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.000SBD | SBD |
{
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "203.982978 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7939.676828 VESTS",
"sbd_balance": "0.000 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.000 SBD",
"conversions": []
}Account Info
| name | zeegz |
| id | 903375 |
| rank | 433,020 |
| reputation | 67803883 |
| created | 2018-03-30T21:29:21 |
| recovery_account | steem |
| proxy | None |
| post_count | 2 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2018-04-04T20:55:12 |
| last_root_post | 2018-04-04T20:55:12 |
| last_vote_time | 2018-04-01T00:02:54 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.000 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.000 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 203.982978 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 7939.676828 VESTS |
| reward_vesting_balance | 2.039075 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2018-03-30T22:07:48 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 1970-01-01T00:00:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"id": 903375,
"name": "zeegz",
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8PE5dSMHLgLqkPYmjwLPhs6C2EwvmPjFpi6LyRFsbvgNKrpFff",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM5ZMEKkWXf5ugHDTYPU4Tx2C62BmfkVQhqNzeKx3T3cvTtk8pZQ",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8J9dU4US6vMU8kX2mnz4onCNo8vsia59U67uHi27VBzURUQH41",
1
]
]
},
"memo_key": "STM87ypCq3youWRrFSeiCMp7WqhHvvc1u25LZye2pg7D2bGv68ECu",
"json_metadata": "{\"profile\":{\"name\":\"Tim\",\"location\":\"Toronto\",\"profile_image\":\"https://www.google.ca/search?q=tim+ziegler&tbm=isch&source=iu&ictx=1&fir=FEtmD1faTPRoaM%253A%252CXRx-nWJ6GvNaCM%252C_&usg=__xgm0PQe0Z-YM6TYVR0k0_aDsUwM%3D&sa=X&ved=0ahUKEwiXn_Wsh5XaAhVI3IMKHReQCDEQ9QEIQzAF#imgrc=FEtmD1faTPRoaM:\"}}",
"posting_json_metadata": "{\"profile\":{\"name\":\"Tim\",\"location\":\"Toronto\",\"profile_image\":\"https://www.google.ca/search?q=tim+ziegler&tbm=isch&source=iu&ictx=1&fir=FEtmD1faTPRoaM%253A%252CXRx-nWJ6GvNaCM%252C_&usg=__xgm0PQe0Z-YM6TYVR0k0_aDsUwM%3D&sa=X&ved=0ahUKEwiXn_Wsh5XaAhVI3IMKHReQCDEQ9QEIQzAF#imgrc=FEtmD1faTPRoaM:\"}}",
"proxy": "",
"last_owner_update": "1970-01-01T00:00:00",
"last_account_update": "2018-03-30T22:07:48",
"created": "2018-03-30T21:29:21",
"mined": false,
"recovery_account": "steem",
"last_account_recovery": "1970-01-01T00:00:00",
"reset_account": "null",
"comment_count": 0,
"lifetime_vote_count": 0,
"post_count": 2,
"can_vote": true,
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779093435
},
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779093435
},
"voting_power": 0,
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"sbd_balance": "0.000 SBD",
"sbd_seconds": "0",
"sbd_seconds_last_update": "1970-01-01T00:00:00",
"sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"reward_sbd_balance": "0.000 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "2.039075 VESTS",
"reward_vesting_steem": "0.001 STEEM",
"vesting_shares": "203.982978 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7939.676828 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"withdrawn": 0,
"to_withdraw": 0,
"withdraw_routes": 0,
"curation_rewards": 1,
"posting_rewards": 0,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"witnesses_voted_for": 0,
"last_post": "2018-04-04T20:55:12",
"last_root_post": "2018-04-04T20:55:12",
"last_vote_time": "2018-04-01T00:02:54",
"post_bandwidth": 0,
"pending_claimed_accounts": 0,
"vesting_balance": "0.000 STEEM",
"reputation": 67803883,
"transfer_history": [],
"market_history": [],
"post_history": [],
"vote_history": [],
"other_history": [],
"witness_votes": [],
"tags_usage": [],
"guest_bloggers": [],
"rank": 433020
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
2026/05/18 08:37:15
2026/05/18 08:37:15
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 7939.676828 VESTS |
| Transaction Info | Block #106153449/Trx 8d53c6c8968c36559ad3e0874beeb7641e262d65 |
View Raw JSON Data
{
"trx_id": "8d53c6c8968c36559ad3e0874beeb7641e262d65",
"block": 106153449,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-18T08:37:15",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "7939.676828 VESTS"
}
]
}2026/05/13 14:45:27
2026/05/13 14:45:27
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 5226.743458 VESTS |
| Transaction Info | Block #106017519/Trx e251285387bd9c8d3e22a97d10d180be5d058506 |
View Raw JSON Data
{
"trx_id": "e251285387bd9c8d3e22a97d10d180be5d058506",
"block": 106017519,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-13T14:45:27",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "5226.743458 VESTS"
}
]
}2026/04/26 07:45:36
2026/04/26 07:45:36
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 7952.192584 VESTS |
| Transaction Info | Block #105520867/Trx b6701b852628edd47f3de01d209798a42e805439 |
View Raw JSON Data
{
"trx_id": "b6701b852628edd47f3de01d209798a42e805439",
"block": 105520867,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-04-26T07:45:36",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "7952.192584 VESTS"
}
]
}2026/01/24 06:24:03
2026/01/24 06:24:03
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 5269.013242 VESTS |
| Transaction Info | Block #102878874/Trx 6769768258b62f605655ea39efe1ba037498468e |
View Raw JSON Data
{
"trx_id": "6769768258b62f605655ea39efe1ba037498468e",
"block": 102878874,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-01-24T06:24:03",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "5269.013242 VESTS"
}
]
}2024/12/18 01:28:09
2024/12/18 01:28:09
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 5433.232439 VESTS |
| Transaction Info | Block #91324974/Trx ae8fa9361b5c112382b6fc61f892b7ae2eca34bb |
View Raw JSON Data
{
"trx_id": "ae8fa9361b5c112382b6fc61f892b7ae2eca34bb",
"block": 91324974,
"trx_in_block": 7,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2024-12-18T01:28:09",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "5433.232439 VESTS"
}
]
}2023/11/14 17:07:36
2023/11/14 17:07:36
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 5602.365971 VESTS |
| Transaction Info | Block #79879076/Trx 1d2e2761440dbab65be8def3703ba4cdcdf39e79 |
View Raw JSON Data
{
"trx_id": "1d2e2761440dbab65be8def3703ba4cdcdf39e79",
"block": 79879076,
"trx_in_block": 13,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-11-14T17:07:36",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "5602.365971 VESTS"
}
]
}2023/09/22 13:10:03
2023/09/22 13:10:03
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 8539.274757 VESTS |
| Transaction Info | Block #78366187/Trx b1bda7da0304ee1a6e60c27934f51bfa6ae8aa35 |
View Raw JSON Data
{
"trx_id": "b1bda7da0304ee1a6e60c27934f51bfa6ae8aa35",
"block": 78366187,
"trx_in_block": 9,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-09-22T13:10:03",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "8539.274757 VESTS"
}
]
}2022/11/03 20:15:33
2022/11/03 20:15:33
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 8761.326195 VESTS |
| Transaction Info | Block #69123481/Trx 679b9e5e802047e8b2c7b9103e077f550fb9e668 |
View Raw JSON Data
{
"trx_id": "679b9e5e802047e8b2c7b9103e077f550fb9e668",
"block": 69123481,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-11-03T20:15:33",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "8761.326195 VESTS"
}
]
}2022/01/18 01:13:33
2022/01/18 01:13:33
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 8981.433796 VESTS |
| Transaction Info | Block #60826453/Trx 2555380173ac0ecda05cc3e1dc0f518e9ddfaeca |
View Raw JSON Data
{
"trx_id": "2555380173ac0ecda05cc3e1dc0f518e9ddfaeca",
"block": 60826453,
"trx_in_block": 21,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-01-18T01:13:33",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "8981.433796 VESTS"
}
]
}2021/06/14 08:18:45
2021/06/14 08:18:45
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 9165.628084 VESTS |
| Transaction Info | Block #54616655/Trx 8b3ac683f82677a3735ff48812689ecf32bbf007 |
View Raw JSON Data
{
"trx_id": "8b3ac683f82677a3735ff48812689ecf32bbf007",
"block": 54616655,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2021-06-14T08:18:45",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "9165.628084 VESTS"
}
]
}2020/12/11 18:28:33
2020/12/11 18:28:33
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 9353.050058 VESTS |
| Transaction Info | Block #49363841/Trx fe83e6bd55d3a08769b4772975a3de2fc0f3de3c |
View Raw JSON Data
{
"trx_id": "fe83e6bd55d3a08769b4772975a3de2fc0f3de3c",
"block": 49363841,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-11T18:28:33",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "9353.050058 VESTS"
}
]
}2020/12/06 12:03:45
2020/12/06 12:03:45
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49215356/Trx c8e2ff3a5d2371d3ee0b67b8406433d2cfb712b1 |
View Raw JSON Data
{
"trx_id": "c8e2ff3a5d2371d3ee0b67b8406433d2cfb712b1",
"block": 49215356,
"trx_in_block": 3,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-06T12:03:45",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "1912.543513 VESTS"
}
]
}2020/11/26 05:46:54
2020/11/26 05:46:54
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 9370.176675 VESTS |
| Transaction Info | Block #48924240/Trx 24ed44eaff90b1e317190c007f158bb90478dfcc |
View Raw JSON Data
{
"trx_id": "24ed44eaff90b1e317190c007f158bb90478dfcc",
"block": 48924240,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-11-26T05:46:54",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "9370.176675 VESTS"
}
]
}2020/05/09 13:08:39
2020/05/09 13:08:39
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 9562.063271 VESTS |
| Transaction Info | Block #43225714/Trx 113e8cd25c97e451c2248ec1ffd09ac4d67b23ce |
View Raw JSON Data
{
"trx_id": "113e8cd25c97e451c2248ec1ffd09ac4d67b23ce",
"block": 43225714,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-09T13:08:39",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "9562.063271 VESTS"
}
]
}2020/05/08 17:51:51
2020/05/08 17:51:51
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43203119/Trx ecaed2fe69bdd28539b690220156ead8936bb4e3 |
View Raw JSON Data
{
"trx_id": "ecaed2fe69bdd28539b690220156ead8936bb4e3",
"block": 43203119,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-08T17:51:51",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "1953.311140 VESTS"
}
]
}2019/06/25 10:46:12
2019/06/25 10:46:12
| delegator | steem |
| delegatee | zeegz |
| vesting shares | 9745.217771 VESTS |
| Transaction Info | Block #34106261/Trx 88297ffd40fe7fdf80c8410d83cf46d6f84a15b8 |
View Raw JSON Data
{
"trx_id": "88297ffd40fe7fdf80c8410d83cf46d6f84a15b8",
"block": 34106261,
"trx_in_block": 47,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-06-25T10:46:12",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "zeegz",
"vesting_shares": "9745.217771 VESTS"
}
]
}2019/03/30 22:15:30
2019/03/30 22:15:30
| parent author | zeegz |
| parent permlink | stock-markets-bounce-back-thanks-to-dovish-fed |
| author | steemitboard |
| permlink | steemitboard-notify-zeegz-20190330t221530000z |
| title | |
| body | Congratulations @zeegz! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@zeegz/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@zeegz) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=zeegz)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun"><img src="https://steemitimages.com/64x128/http://u.cubeupload.com/arcange/BG6u6k.png"></a></td><td><a href="https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun">3 years on Steem - The distribution of commemorative badges has begun!</a></td></tr></table> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| Transaction Info | Block #31618214/Trx 7897c0342032c9e9b67b6d77f7af752021f8152d |
View Raw JSON Data
{
"trx_id": "7897c0342032c9e9b67b6d77f7af752021f8152d",
"block": 31618214,
"trx_in_block": 21,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-03-30T22:15:30",
"op": [
"comment",
{
"parent_author": "zeegz",
"parent_permlink": "stock-markets-bounce-back-thanks-to-dovish-fed",
"author": "steemitboard",
"permlink": "steemitboard-notify-zeegz-20190330t221530000z",
"title": "",
"body": "Congratulations @zeegz! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@zeegz/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@zeegz) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=zeegz)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun\"><img src=\"https://steemitimages.com/64x128/http://u.cubeupload.com/arcange/BG6u6k.png\"></a></td><td><a href=\"https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun\">3 years on Steem - The distribution of commemorative badges has begun!</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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}2018/07/04 21:36:03
2018/07/04 21:36:03
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}zeegzreceived 0.001 SP curation reward for @kenzycrazy / re-zeegz-tim-s-introduction-and-a-post-for-stock-market-newbies-20180331t002816516z2018/04/07 00:28:18
zeegzreceived 0.001 SP curation reward for @kenzycrazy / re-zeegz-tim-s-introduction-and-a-post-for-stock-market-newbies-20180331t002816516z
2018/04/07 00:28:18
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}zeegzpublished a new post: stock-markets-bounce-back-thanks-to-dovish-fed2018/04/04 20:55:12
zeegzpublished a new post: stock-markets-bounce-back-thanks-to-dovish-fed
2018/04/04 20:55:12
| parent author | |
| parent permlink | money |
| author | zeegz |
| permlink | stock-markets-bounce-back-thanks-to-dovish-fed |
| title | Stock markets bounce back thanks to dovish Fed |
| body | Lost in the midst of all the tariff talk today was this gem from St Louis Fed President James Bullard. “It is not necessary in this circumstance to raise the policy rate further in order to put downward pressure on inflation, since inflation is already below target.” Ka-BOOM! Yeah, markets have been afraid of a potential trade war with China. Yeah, the daily Twitter attacks on Amazon are a nuisance. But I think the institutional money - the BIG money that actually moves the stock market - seems to be most afraid of rising interest rates. Now Mr. Bullard does not actually have a vote on the Fed's interest rate policy this year (meaning his opinion doesn't necessarily mean anything), but presumably he's not the only guy who is seeing what's happening on the stock market lately. There is nobody in the world who wants to see stock markets enter a recession. He gave that speech this morning, and suddenly a 600 point loss on the Dow became a 230 point gain. Now I'm no expert whatsoever, but both the S&P and the Dow closed above their previous highs, and well above their much talked about 200 day moving average. The next sign I'm watching for is for the S&P to close above 2659. We're still about 8% off the highs, so we have a way to go, but I'm suddenly bullish on the stock market again in the short term. My current positions (most are relatively new). SPXL is a swing trade, rest are longs. SPXL: 39.50 MU: 52.62 AAPL: 166.50 BXE: 1.21 CR.TO: 1.87 FRII.TO: 6.27 FAT.CN: 0.34 TNY.CN: 0.84 BNP.TO: 1.21 JET.V: 0.82 ADX.CN: 0.01 |
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"body": "Lost in the midst of all the tariff talk today was this gem from St Louis Fed President James Bullard. “It is not necessary in this circumstance to raise the policy rate further in order to put downward pressure on inflation, since inflation is already below target.” \n\nKa-BOOM!\n\nYeah, markets have been afraid of a potential trade war with China. Yeah, the daily Twitter attacks on Amazon are a nuisance. But I think the institutional money - the BIG money that actually moves the stock market - seems to be most afraid of rising interest rates. Now Mr. Bullard does not actually have a vote on the Fed's interest rate policy this year (meaning his opinion doesn't necessarily mean anything), but presumably he's not the only guy who is seeing what's happening on the stock market lately. There is nobody in the world who wants to see stock markets enter a recession.\n\nHe gave that speech this morning, and suddenly a 600 point loss on the Dow became a 230 point gain. Now I'm no expert whatsoever, but both the S&P and the Dow closed above their previous highs, and well above their much talked about 200 day moving average. The next sign I'm watching for is for the S&P to close above 2659. We're still about 8% off the highs, so we have a way to go, but I'm suddenly bullish on the stock market again in the short term. \n\nMy current positions (most are relatively new). SPXL is a swing trade, rest are longs.\nSPXL: 39.50\nMU: 52.62\nAAPL: 166.50\nBXE: 1.21\nCR.TO: 1.87\nFRII.TO: 6.27\nFAT.CN: 0.34\nTNY.CN: 0.84\nBNP.TO: 1.21\nJET.V: 0.82\nADX.CN: 0.01",
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}zeegzfollowed @donkeypong2018/04/01 00:11:57
zeegzfollowed @donkeypong
2018/04/01 00:11:57
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}zeegzfollowed @writesbackwards2018/04/01 00:11:21
zeegzfollowed @writesbackwards
2018/04/01 00:11:21
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}2018/04/01 00:03:36
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2018/04/01 00:02:54
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2018/03/31 16:10:15
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}zeegzupvoted (100.00%) @cryptictruth / campus-life2018/03/31 13:13:15
zeegzupvoted (100.00%) @cryptictruth / campus-life
2018/03/31 13:13:15
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}mage00000upvoted (100.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/31 10:33:45
mage00000upvoted (100.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/31 10:33:45
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}2018/03/31 05:06:09
2018/03/31 05:06:09
| parent author | zeegz |
| parent permlink | tim-s-introduction-and-a-post-for-stock-market-newbies |
| author | universalpro |
| permlink | re-zeegz-tim-s-introduction-and-a-post-for-stock-market-newbies-20180331t050601773z |
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| body | Hello welcome to steemit!! it's really nice to have you here enjoy the platform and explore the community.....wish you all the best. |
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}2018/03/31 04:49:27
2018/03/31 04:49:27
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| permlink | re-zeegz-tim-s-introduction-and-a-post-for-stock-market-newbies-20180331t044927806z |
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| body | Hey, I'm Oatmeal Joey Arnold, and you rock. |
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2018/03/31 04:31:00
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}2018/03/31 01:43:33
2018/03/31 01:43:33
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| author | oneherrera |
| permlink | re-zeegz-tim-s-introduction-and-a-post-for-stock-market-newbies-20180331t014348568z |
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| body | Welcome to this beautiful community, apart from giving you an upvote I give you a tip that is worth more: "constancy and honesty is the best way to emerge in steemit" |
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}oneherreraupvoted (100.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/31 01:43:15
oneherreraupvoted (100.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/31 01:43:15
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}modemserupvoted (0.45%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/31 01:05:42
modemserupvoted (0.45%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/31 01:05:42
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}zeegzupvoted (100.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/31 00:54:15
zeegzupvoted (100.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/31 00:54:15
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2018/03/31 00:54:09
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2018/03/31 00:53:57
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2018/03/31 00:53:54
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2018/03/31 00:45:24
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}newsteemiansupvoted (10.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/31 00:44:54
newsteemiansupvoted (10.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/31 00:44:54
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2018/03/31 00:44:54
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| body | Welcome to Steem Community @zeegz! As a gentle reminder, please keep your master password safe. The best practise is to use your private posting key to login to Steemit when posting; and the private active key for wallet related transactions. In the New Steemians project, we help new members of steem by education and resteeeming their articles. Get your articles resteemed too for maximum exposure. You can learn more about it here: https://steemit.com/introduceyourself/@gaman/new-steemians-project-launch |
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2018/03/31 00:42:03
| parent author | zeegz |
| parent permlink | tim-s-introduction-and-a-post-for-stock-market-newbies |
| author | steem-network |
| permlink | re-tim-s-introduction-and-a-post-for-stock-market-newbies-20180331t004201 |
| title | |
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}2018/03/31 00:28:18
2018/03/31 00:28:18
| parent author | zeegz |
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| body | Hello! It's nice to see you here! |
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zeegzfollowed @jackedfinance
2018/03/31 00:17:42
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zeegzfollowed @cryptictruth
2018/03/31 00:15:57
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2018/03/31 00:14:06
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}dlivestarboosterupvoted (2.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/31 00:09:27
dlivestarboosterupvoted (2.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/31 00:09:27
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}kingkong1upvoted (2.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/31 00:04:51
kingkong1upvoted (2.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/31 00:04:51
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}introbotupvoted (1.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/31 00:02:45
introbotupvoted (1.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/31 00:02:45
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}2018/03/31 00:02:42
2018/03/31 00:02:42
| parent author | zeegz |
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| title | |
| body | <br> Welcome to Steemit @zeegz!<br><br> I wish you much success and hope you find Steemit to be as rewarding and informative as I have.<br><br> Here are some links you might find useful.<br> [Your stats on SteemNow](https://steemnow.com/@zeegz)<br> [Your stats on SteemWorld](https://steemworld.org/@zeegz)<br> [Your stats on SteemD](https://steemd.com/@zeegz)<br> [How to use Minnow Booster](https://steemit.com/steemit/@bycoleman/a-post-of-much-greater-value-how-to-increase-your-vote-count-dramatically-just-like-the-big-fish-do)<br> [How does Steemit actually work?](https://steemit.com/steemit/@bycoleman/where-does-all-the-money-come-from-on-steemit-fully-answered-will-it-continue-yes)<br><br> Introbot is hosted and managed with donations from @byColeman to help make your journey on Steemit be truly rewarding. Your feedback is always welcome so that we may improve this welcome message.<br> Oh yea, I have upvoted you and followed you. Many blessings from @introbot & @bycoleman<br><br> |
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}hackerzizonupvoted (1.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/31 00:00:09
hackerzizonupvoted (1.00%) @zeegz / tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/31 00:00:09
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}2018/03/30 23:59:48
2018/03/30 23:59:48
| parent author | zeegz |
| parent permlink | tim-s-introduction-and-a-post-for-stock-market-newbies |
| author | photosblog |
| permlink | re-zeegz-tim-s-introduction-and-a-post-for-stock-market-newbies-20180330t235949700z |
| title | |
| body | Hi Thank you for #introducingyourself. Im myself quite new in steemit community but I realized that there are few things you could do to have a better start: Mostly I invested a little bit in STEEM in order to purchase STEEM POWER and STEEM DOLLARS. Why? Its simply important. Without initial investment it will be very hard for you to build reach here and be noticed. Im not sure if you ever heard about this site: http://steemd.com/@your_username Example: https://goo.gl/3mquu1 Perhaps you know it already :) If you will reply to this message (that would allow me to believe that we may develop mutual engagement and help each other) then I will follow you and upvote some of your future posts. Cheers and good luck. |
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"body": "Hi Thank you for #introducingyourself. Im myself quite new in steemit community but I realized that there are few things you could do to have a better start: \n Mostly I invested a little bit in STEEM in order to purchase STEEM POWER and STEEM DOLLARS. Why? Its simply important. Without initial investment it will be very hard for you to build reach here and be noticed.\n \n Im not sure if you ever heard about this site: \n http://steemd.com/@your_username \n Example: https://goo.gl/3mquu1 \n Perhaps you know it already :) \n If you will reply to this message (that would allow me to believe that we may develop mutual engagement and help each other) then I will follow you and upvote some of your future posts. \n Cheers and good luck.",
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}zeegzpublished a new post: tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/30 23:59:42
zeegzpublished a new post: tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/30 23:59:42
| parent author | |
| parent permlink | stockmarket |
| author | zeegz |
| permlink | tim-s-introduction-and-a-post-for-stock-market-newbies |
| title | Tim's Introduction, and a post for stock market newbies |
| body | Hi community My name is Tim, and here is my introduction to the Steemit community. There are many aspects of my life that I intend to write about. I'm a 32 year old from Toronto. I am a relatively unsuccessful actor. I am a bit of a baseball aficionado. I am a CrossFit Level One instructor. I do short contract gigs (scotch tastings, car shows, etc). And I entered the stock market back in January. Most of my posts will be about my experience in the stock market, because I think my mistakes (i.e. the moves that cost me money) were avoidable. I am still in the red, but I have gotten much better and smarter over the couple months I've been in. I was at my girlfriend's family Christmas dinner, and her mom's partner was checking his phone. "Oh he's probably checking his stocks. He's doing really well." "I made three thousand dollars today", he said. "I'm listening", I said. He proceeded to tell me about his experience on the stock market. He was the smart one - the one who bought into pot stocks before they were #potstocks. He got into Canopy Growth (WEED/TWMJF) when it was 2.00 per share. He got into Aurora (ACB/ACBFF) at 2.00 per share. He got into Namaste (N/NXTTF) at 0.30. Financially he was doing very well. It all looked amazing to me. I was hooked before even starting. Being a bank, naturally CIBC took ages before opening my trading account and transferring the money. But finally, almost two weeks after my conversation with GF's mom's BF, I was up and running. I bought in (exclusively pot stocks) on January 11th. If you look, you'll see that a violent two-day pot stock correction began on January 11th. At the closing bell on January 12th, my account was down about 18%. Just to reiterate - I bought in pre-market on January 11th, and on January 12th, I was down 18%. Now fortunately it all went back up, and I recouped most of my losses in the ensuing couple days (temporarily - as I will show you). But this leads me to a very important lesson for a stock market newbie. RULE NUMBER ONE: It is possible to lose an awful lot of money on the stock market. This is difficult to fully comprehend. But psychologically it is incredibly difficult on one's psyche to see one's account that far in the red. It's not just the loss of money. It's the loss of confidence and the self-loathing that comes with it. Fortunately I'm a smart guy. I didn't sell low, I held on to my buys (N, THCX, VFF, CRON), and made most of my money back pretty quickly. By the following Wednesday, my account had gone from -18% to -3%. Then came my second major mistake. A couple weeks prior, St George's Eco-Mining (SX.CN) announced some good news; I don't remember exactly what it was. They were partnering with a blockchain company and had closed a debenture or something. Either way, the stock price went from 0.05 on November 29th to a high of 2.90 on January 12th (what is that? a 5800% return?). On January 16th, people started taking profits. It crashed from 2.90 all the way to 1.70 on the 16th. On the 17th, I looked, and saw a price of 0.92. I thought "Oh this is gonna bounce". So I made a small buy at 0.92. It bounced all the way to 1.17 before I took profits. A great buy! I made a bit of money. Yay. It closed that day at 1.01. I bought at the right time, and sold at the right time. Damn I'm a good trader, right? Next day, I looked at the price, and saw it had dropped to 0.92 again. I thought "hell yeah! I know how this goes, I'm in again!", and this time I made a bigger buy. I walked away for maybe 15 minutes, and came back. The price had hit 0.69. Ouch. What did I say? "Hell yeah, if 0.92 was a good price, 0.69 is a GREAT price." I sold it at 0.54. It closed that day at 0.33, bounced the next day to 0.62, and it's currently trading at 0.25. Now this was not (alas) my least profitable trade, but it is easily my least profitable DAY trade. I lost about 5% of my entire account on that one trade in about two hours. This leads to.... LESSON NUMBER TWO: Don't try and time the bottom. ESPECIALLY on small/micro cap companies. It's a fool's game. If you're right once, you're wrong three or four times. A stock can ALWAYS go lower. LESSON NUMBER THREE: Always trade with stop losses. I'll write more about how I learned to set stop-losses in another post, but suffice it to say, always always always trade with stop losses. The CDN market doesn't accept stop losses, so it's on you to follow in detail. Both the venture exchange and the TSX do accept stop losses. If you don't know what I'm talking about, just google "stop loss". LESSON NUMBER FOUR: Your 'hunches' and 'instincts' provide you zero value as a newbie. People spend years in school to learn this stuff. Your 'gut feeling' is a liability. Thanks boys and girls. Hope you enjoy it. I'll have more to say next time. Please give me a follow if you like what I'm dishing out. Being a newbie I'd appreciate a resteem if you think fellow newbies might see value in this. And please leave me some comments. I love talking about this stuff. |
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"body": "Hi community\n\nMy name is Tim, and here is my introduction to the Steemit community. There are many aspects of my life that I intend to write about. I'm a 32 year old from Toronto. I am a relatively unsuccessful actor. I am a bit of a baseball aficionado. I am a CrossFit Level One instructor. I do short contract gigs (scotch tastings, car shows, etc). And I entered the stock market back in January. Most of my posts will be about my experience in the stock market, because I think my mistakes (i.e. the moves that cost me money) were avoidable. I am still in the red, but I have gotten much better and smarter over the couple months I've been in.\n\nI was at my girlfriend's family Christmas dinner, and her mom's partner was checking his phone. \"Oh he's probably checking his stocks. He's doing really well.\" \"I made three thousand dollars today\", he said. \"I'm listening\", I said. \n\nHe proceeded to tell me about his experience on the stock market. He was the smart one - the one who bought into pot stocks before they were #potstocks. He got into Canopy Growth (WEED/TWMJF) when it was 2.00 per share. He got into Aurora (ACB/ACBFF) at 2.00 per share. He got into Namaste (N/NXTTF) at 0.30. Financially he was doing very well. It all looked amazing to me. I was hooked before even starting.\n\nBeing a bank, naturally CIBC took ages before opening my trading account and transferring the money. But finally, almost two weeks after my conversation with GF's mom's BF, I was up and running. I bought in (exclusively pot stocks) on January 11th. If you look, you'll see that a violent two-day pot stock correction began on January 11th. At the closing bell on January 12th, my account was down about 18%. Just to reiterate - I bought in pre-market on January 11th, and on January 12th, I was down 18%. \n\nNow fortunately it all went back up, and I recouped most of my losses in the ensuing couple days (temporarily - as I will show you). But this leads me to a very important lesson for a stock market newbie. \n\nRULE NUMBER ONE: It is possible to lose an awful lot of money on the stock market. This is difficult to fully comprehend. But psychologically it is incredibly difficult on one's psyche to see one's account that far in the red. It's not just the loss of money. It's the loss of confidence and the self-loathing that comes with it.\n\nFortunately I'm a smart guy. I didn't sell low, I held on to my buys (N, THCX, VFF, CRON), and made most of my money back pretty quickly. By the following Wednesday, my account had gone from -18% to -3%. Then came my second major mistake.\n\nA couple weeks prior, St George's Eco-Mining (SX.CN) announced some good news; I don't remember exactly what it was. They were partnering with a blockchain company and had closed a debenture or something. Either way, the stock price went from 0.05 on November 29th to a high of 2.90 on January 12th (what is that? a 5800% return?). On January 16th, people started taking profits. It crashed from 2.90 all the way to 1.70 on the 16th. On the 17th, I looked, and saw a price of 0.92. I thought \"Oh this is gonna bounce\". So I made a small buy at 0.92. It bounced all the way to 1.17 before I took profits. A great buy! I made a bit of money. Yay. It closed that day at 1.01. I bought at the right time, and sold at the right time. Damn I'm a good trader, right?\n\nNext day, I looked at the price, and saw it had dropped to 0.92 again. I thought \"hell yeah! I know how this goes, I'm in again!\", and this time I made a bigger buy. I walked away for maybe 15 minutes, and came back. The price had hit 0.69. Ouch. What did I say? \"Hell yeah, if 0.92 was a good price, 0.69 is a GREAT price.\" I sold it at 0.54. It closed that day at 0.33, bounced the next day to 0.62, and it's currently trading at 0.25.\n\nNow this was not (alas) my least profitable trade, but it is easily my least profitable DAY trade. I lost about 5% of my entire account on that one trade in about two hours. This leads to....\n\nLESSON NUMBER TWO: Don't try and time the bottom. ESPECIALLY on small/micro cap companies. It's a fool's game. If you're right once, you're wrong three or four times. A stock can ALWAYS go lower.\nLESSON NUMBER THREE: Always trade with stop losses. I'll write more about how I learned to set stop-losses in another post, but suffice it to say, always always always trade with stop losses. The CDN market doesn't accept stop losses, so it's on you to follow in detail. Both the venture exchange and the TSX do accept stop losses. If you don't know what I'm talking about, just google \"stop loss\".\nLESSON NUMBER FOUR: Your 'hunches' and 'instincts' provide you zero value as a newbie. People spend years in school to learn this stuff. Your 'gut feeling' is a liability. \n\nThanks boys and girls. Hope you enjoy it. I'll have more to say next time. Please give me a follow if you like what I'm dishing out. Being a newbie I'd appreciate a resteem if you think fellow newbies might see value in this. And please leave me some comments. I love talking about this stuff.",
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}zeegzpublished a new post: tim-s-introduction-and-a-post-for-stock-market-newbies2018/03/30 23:55:30
zeegzpublished a new post: tim-s-introduction-and-a-post-for-stock-market-newbies
2018/03/30 23:55:30
| parent author | |
| parent permlink | stockmarket |
| author | zeegz |
| permlink | tim-s-introduction-and-a-post-for-stock-market-newbies |
| title | Tim's Introduction, and a post for stock market newbies |
| body | Hi community My name is Tim, and here is my introduction to the Steemit community. There are many aspects of my life that I intend to write about. I'm a 32 year old from Toronto. I am a relatively unsuccessful actor. I am a bit of a baseball aficionado. I am a CrossFit Level One instructor. I do short contract gigs (scotch tastings, car shows, etc). And I entered the stock market back in January. Most of my posts will be about my experience in the stock market, because I think my mistakes (i.e. the moves that cost me money) were avoidable. I am still in the red, but I have gotten much better and smarter over the couple months I've been in. I was at my girlfriend's family Christmas dinner, and her mom's partner was checking his phone. "Oh he's probably checking his stocks. He's doing really well." "I made three thousand dollars today", he said. "I'm listening", I said. He proceeded to tell me about his experience on the stock market. He was the smart one - the one who bought into pot stocks before they were #potstocks. He got into Canopy Growth (WEED/TWMJF) when it was 2.00 per share. He got into Aurora (ACB/ACBFF) at 2.00 per share. He got into Namaste (N/NXTTF) at 0.30. Financially he was doing very well. It all looked amazing to me. I was hooked before even starting. Being a bank, naturally CIBC took ages before opening my trading account and transferring the money. But finally, almost two weeks after my conversation with GF's mom's BF, I was up and running. I bought in (exclusively pot stocks) on January 11th. If you look, you'll see that a violent two-day pot stock correction began on January 11th. At the closing bell on January 12th, my account was down about 18%. Just to reiterate - I bought in pre-market on January 11th, and on January 12th, I was down 18%. Now fortunately it all went back up, and I recouped most of my losses in the ensuing couple days (temporarily - as I will show you). But this leads me to a very important lesson for a stock market newbie. RULE NUMBER ONE: It is possible to lose an awful lot of money on the stock market. This is difficult to fully comprehend. But psychologically it is incredibly difficult on one's psyche to see one's account that far in the red. It's not just the loss of money. It's the loss of confidence and the self-loathing that comes with it. Fortunately I'm a smart guy. I didn't sell low, I held on to my buys (N, THCX, VFF, CRON), and made most of my money back pretty quickly. By the following Wednesday, my account had gone from -18% to -3%. Then came my second major mistake. A couple weeks prior, St George's Eco-Mining (SX.CN) announced some good news; I don't remember exactly what it was. They were partnering with a blockchain company and had closed a debenture or something. Either way, the stock price went from 0.05 on November 29th to a high of 2.90 on January 12th (what is that? a 5800% return?). On January 16th, people started taking profits. It crashed from 2.90 all the way to 1.70 on the 16th. On the 17th, I looked, and saw a price of 0.92. I thought "Oh this is gonna bounce". So I made a small buy at 0.92. It bounced all the way to 1.17 before I took profits. A great buy! I made a bit of money. Yay. It closed that day at 1.01. I bought at the right time, and sold at the right time. Damn I'm a good trader, right? Next day, I looked at the price, and saw it had dropped to 0.92 again. I thought "hell yeah! I know how this goes, I'm in again!", and this time I made a bigger buy. I walked away for maybe 15 minutes, and came back. The price had hit 0.69. Ouch. What did I say? "Hell yeah, if 0.92 was a good price, 0.69 is a GREAT price." I sold it at 0.54. It closed that day at 0.33, bounced the next day to 0.62, and it's currently trading at 0.25. Now this was not (alas) my least profitable trade, but it is easily my least profitable DAY trade. I lost about 5% of my entire account on that one trade in about two hours. This leads to.... LESSON NUMBER TWO: Don't try and time the bottom. ESPECIALLY on small/micro cap companies. It's a fool's game. If you're right once, you're wrong three or four times. A stock can ALWAYS go lower. LESSON NUMBER THREE: Always trade with stop losses. I'll write more about how I learned to set stop-losses in another post, but suffice it to say, always always always trade with stop losses. The CDN market doesn't accept stop losses, so it's on you to follow in detail. Both the venture exchange and the TSX do accept stop losses. If you don't know what I'm talking about, just google "stop loss". LESSON NUMBER FOUR: Your 'hunches' and 'instincts' provide you zero value as a newbie. People spend years in school to learn this stuff. Your 'gut feeling' is a liability. Thanks boys and girls. Hope you enjoy it. I'll have more to say next time. Please give me a follow if you like what I'm dishing out. Being a newbie I'd appreciate a resteem if you think fellow newbies might see value in this. And please leave me some comments. I love talking about this stuff. |
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"body": "Hi community\n\nMy name is Tim, and here is my introduction to the Steemit community. There are many aspects of my life that I intend to write about. I'm a 32 year old from Toronto. I am a relatively unsuccessful actor. I am a bit of a baseball aficionado. I am a CrossFit Level One instructor. I do short contract gigs (scotch tastings, car shows, etc). And I entered the stock market back in January. Most of my posts will be about my experience in the stock market, because I think my mistakes (i.e. the moves that cost me money) were avoidable. I am still in the red, but I have gotten much better and smarter over the couple months I've been in.\n\nI was at my girlfriend's family Christmas dinner, and her mom's partner was checking his phone. \"Oh he's probably checking his stocks. He's doing really well.\" \"I made three thousand dollars today\", he said. \"I'm listening\", I said. \n\nHe proceeded to tell me about his experience on the stock market. He was the smart one - the one who bought into pot stocks before they were #potstocks. He got into Canopy Growth (WEED/TWMJF) when it was 2.00 per share. He got into Aurora (ACB/ACBFF) at 2.00 per share. He got into Namaste (N/NXTTF) at 0.30. Financially he was doing very well. It all looked amazing to me. I was hooked before even starting.\n\nBeing a bank, naturally CIBC took ages before opening my trading account and transferring the money. But finally, almost two weeks after my conversation with GF's mom's BF, I was up and running. I bought in (exclusively pot stocks) on January 11th. If you look, you'll see that a violent two-day pot stock correction began on January 11th. At the closing bell on January 12th, my account was down about 18%. Just to reiterate - I bought in pre-market on January 11th, and on January 12th, I was down 18%. \n\nNow fortunately it all went back up, and I recouped most of my losses in the ensuing couple days (temporarily - as I will show you). But this leads me to a very important lesson for a stock market newbie. \n\nRULE NUMBER ONE: It is possible to lose an awful lot of money on the stock market. This is difficult to fully comprehend. But psychologically it is incredibly difficult on one's psyche to see one's account that far in the red. It's not just the loss of money. It's the loss of confidence and the self-loathing that comes with it.\n\nFortunately I'm a smart guy. I didn't sell low, I held on to my buys (N, THCX, VFF, CRON), and made most of my money back pretty quickly. By the following Wednesday, my account had gone from -18% to -3%. Then came my second major mistake.\n\nA couple weeks prior, St George's Eco-Mining (SX.CN) announced some good news; I don't remember exactly what it was. They were partnering with a blockchain company and had closed a debenture or something. Either way, the stock price went from 0.05 on November 29th to a high of 2.90 on January 12th (what is that? a 5800% return?). On January 16th, people started taking profits. It crashed from 2.90 all the way to 1.70 on the 16th. On the 17th, I looked, and saw a price of 0.92. I thought \"Oh this is gonna bounce\". So I made a small buy at 0.92. It bounced all the way to 1.17 before I took profits. A great buy! I made a bit of money. Yay. It closed that day at 1.01. I bought at the right time, and sold at the right time. Damn I'm a good trader, right?\n\nNext day, I looked at the price, and saw it had dropped to 0.92 again. I thought \"hell yeah! I know how this goes, I'm in again!\", and this time I made a bigger buy. I walked away for maybe 15 minutes, and came back. The price had hit 0.69. Ouch. What did I say? \"Hell yeah, if 0.92 was a good price, 0.69 is a GREAT price.\" I sold it at 0.54. It closed that day at 0.33, bounced the next day to 0.62, and it's currently trading at 0.25.\n\nNow this was not (alas) my least profitable trade, but it is easily my least profitable DAY trade. I lost about 5% of my entire account on that one trade in about two hours. This leads to....\n\nLESSON NUMBER TWO: Don't try and time the bottom. ESPECIALLY on small/micro cap companies. It's a fool's game. If you're right once, you're wrong three or four times. A stock can ALWAYS go lower.\nLESSON NUMBER THREE: Always trade with stop losses. I'll write more about how I learned to set stop-losses in another post, but suffice it to say, always always always trade with stop losses. The CDN market doesn't accept stop losses, so it's on you to follow in detail. Both the venture exchange and the TSX do accept stop losses. If you don't know what I'm talking about, just google \"stop loss\".\nLESSON NUMBER FOUR: Your 'hunches' and 'instincts' provide you zero value as a newbie. People spend years in school to learn this stuff. Your 'gut feeling' is a liability. \n\nThanks boys and girls. Hope you enjoy it. I'll have more to say next time. Please give me a follow if you like what I'm dishing out. Being a newbie I'd appreciate a resteem if you think fellow newbies might see value in this. And please leave me some comments. I love talking about this stuff.",
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}zeegzupvoted (100.00%) @timcliff / the-steem-economy-tons-of-ways-to-spend-your-hard-earned-steem-sbd2018/03/30 21:41:15
zeegzupvoted (100.00%) @timcliff / the-steem-economy-tons-of-ways-to-spend-your-hard-earned-steem-sbd
2018/03/30 21:41:15
| voter | zeegz |
| author | timcliff |
| permlink | the-steem-economy-tons-of-ways-to-spend-your-hard-earned-steem-sbd |
| weight | 10000 (100.00%) |
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View Raw JSON Data
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2018/03/30 21:34:33
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View Raw JSON Data
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2018/03/30 21:30:03
| delegator | steem |
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View Raw JSON Data
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2018/03/30 21:29:21
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View Raw JSON Data
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Voting Power100.00%
Downvote Power100.00%
Resource Credits100.00%
Reputation Progress0.00%
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| JSON METADATA | |
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Active
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Public Keys
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Posting
Single Signature
Public Keys
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Memo
STM87ypCq3youWRrFSeiCMp7WqhHvvc1u25LZye2pg7D2bGv68ECu
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}Witness Votes
0 / 30
No active witness votes.
[]