BREXIT

Need_TLC
Need_TLC

I got scared and sold 2/3 of my stock. I would have sold my S&P 500 index funds (VOO) also but I'm waiting for a dividend.

All urls found in this thread:
http://finance.zacks.com/can-investor-buy-uk-stocks-5409.html
https://1broker.com/m/r.php?i=11313
Raving_Cute
Raving_Cute

I wanted to hold to at least a 10% gain, but I only made 7.2%. I just am too fearful about brexit.

Poker_Star
Poker_Star

Us Bears will feast on the Bulls!!!

Techpill
Techpill

@Need_TLC
I got scared
Trading on emotion. That always turns out well.

PackManBrainlure
PackManBrainlure

@Need_TLC

Why don't you have gold as a hedge?

Jesus..

Carnalpleasure
Carnalpleasure

@Need_TLC
If i had spare cash i would put it in uvxy until after the vote

Nojokur
Nojokur

@Techpill
Trading on emotion. That always turns out well.
Yeah I know, but why risk the gains I made?

Soft_member
Soft_member

@PackManBrainlure
gold
That's some fox news stuff. I'll never support Glenn Beck.

w8t4u
w8t4u

@Soft_member
So does your wife let you be there or do you have to watch the video later?

Skullbone
Skullbone

@Nojokur
why risk the gains I made?
I hear ya bruh. Risk is bad, right?

TurtleCat
TurtleCat

@Need_TLC
Don't listen to these guys, you aren't being a fool, I think you did the right thing. You are going to make what 1% a week, holy fuck...wow.

Meanwhile if your portfolio tanks you lose 20% of your stash which sets you back near 2 years.

I would wait in your position too.

Lord_Tryzalot
Lord_Tryzalot

what is brexit

Evil_kitten
Evil_kitten

@Carnalpleasure
uvxy
why

5mileys
5mileys

Brexit literally will not happen. Op got meme'd

he bought (sold rather) into the media hype

takes2long
takes2long

@Lord_Tryzalot
welcome newcomer

Bidwell
Bidwell

@5mileys
nationalism on rise across europe
won't happen

it's pretty damn close user and probably being misrepresented as stay in media...

TalkBomber
TalkBomber

@Bidwell
Brexit has nothing to do with the rise of nationalism. Even if they somehow vote to leave (it'll be rigged so they won't), they still have to get approved by the European Union council. It's not an overnight process.

You got meme'd

kizzmybutt
kizzmybutt

@TalkBomber
markets follow processes till they mature
that's not how it works user... markets are like that person that gets scared at every little fucking thing.

The potential for something to happen moves markets, so if leave wins (screencap it), the market will react to that, not the hurr durr EU council..

Bidwell
Bidwell

I have savings in a UK account that I'm eventually wanting to transfer to Australia. Currently £1 gets me around $1.95, which is down from over $2 before the referendum campaign began. I only just returned to Oz from UK, so will likely be doing the transfer after the referendum, The possible outcomes as I see it;

Bremain happens - exchange rate soon returns to pre referendum levels, which works out getting me more money (maybe another $1000)

Brexit - exchange rate gets worse in the short term, but eventually back to roughly where it was?

whereismyname
whereismyname

@Lord_Tryzalot
GET OUUUYUUUT

Fuzzy_Logic
Fuzzy_Logic

http://finance.zacks.com/can-investor-buy-uk-stocks-5409.html

What are some avalable stocks a US trader can get that might rise after the vote?

TurtleCat
TurtleCat

Keep telling myself to not trade forex tomorrow

I'm not sure I can resist.

iluvmen
iluvmen

@Bidwell

It's quite close, but it's absolutely not happening. As usual, the people undecided go with what they know closer to a vote. The confusion and misinformation for this referendum is crazy, and people won't be forgiving our politicians no matter the result.

Techpill
Techpill

When are we going to get the brexit results? I mean, know if brexit won or not

Snarelure
Snarelure

@Techpill
Early Friday morning. Exit polls and initial results late tomorrow night, maybe

Emberburn
Emberburn

@Need_TLC
should have just bought a put option to hedge your losses instead of selling your stocks

absolute

fucking retard

LuckyDusty
LuckyDusty

@TalkBomber
This

BinaryMan
BinaryMan

For Bitcoin traders, use https://1broker.com/m/r.php?i=11313 to trade GPB/USD and EUR/USD. Short GPB and Long EUR if Britian does stay or short if exit. MAKE EASY MONEY.

BinaryMan
BinaryMan

Bream in wins - again Britain votes to piss away whatever pride they have left. Fucking raghead mayor.

idontknow
idontknow

@Lord_Tryzalot
Something tells me you don't look at the news that much, do you?

lostmypassword
lostmypassword

@Need_TLC

There is only one choice

TreeEater
TreeEater

@kizzmybutt
@Bidwell
@takes2long
(me)
@TalkBomber
(you)

Enjoy this big dipper opening tomorrow!

Need_TLC
Need_TLC

What are the best ETFs to trade in order to take advantage of all this shit happening

Methshot
Methshot

Aren't brexit poll results and final decision coming out in 45 mins?

Does this signal WW3? Time to invest in companies building ships? Or this gonna be all nukes?

Carnalpleasure
Carnalpleasure

@Need_TLC
is it time to invest into the british pound?

Emberburn
Emberburn

Jesus christ how horrifying
UK officially left eu, I am glad I didn't trade on for ex or bet on stay

TalkBomber
TalkBomber

@Emberburn
Quite the turn around

FastChef
FastChef

@TalkBomber
Jesus christ, what a turn around.

Someone made mad cash today, that's for sure.

StrangeWizard
StrangeWizard

So is this a good time to get into Forex and buy into the pound? It'll inevitably recover, right?

Lunatick
Lunatick

@TalkBomber
LOL this isn't right
the predictions were that Britain would stay in the EU, the fact that they left it made the stock holders panic and that what caused the gbp price to fall, had they stayed it would have stayed normal

Sir_Gallonhead
Sir_Gallonhead

@Need_TLC
waiting for a dividend

jesus christ these plebs

farquit
farquit

@StrangeWizard
This is exactly what I was thinking. If there was ever a dip to buy into, THIS has got to be it.

Poker_Star
Poker_Star

@StrangeWizard
do u trust her user?

Booteefool
Booteefool

@Sir_Gallonhead
The S&P didn't hit the point where I wanted to sell it anyway. The dividend is only like $20, but I don't really care if I have to wait a year to get the return I want.

viagrandad
viagrandad

God damn it, my portfolio was finally doing well, but now the economy is gonna tank and take all my stocks with it.

haveahappyday
haveahappyday

@Lunatick
the "predictions" are made so that people who read predictions bet against those who actually know what's going to happen. They're the ones making all the money, not those who follow predictions.

Deadlyinx
Deadlyinx

Serious question, I got four shorts I expect to hit tomorrow early. Should I take off the cover order and see how much lower they're going to drop? Like the opposite of letting profits run?

TreeEater
TreeEater

Are you ready for this?

Carnalpleasure
Carnalpleasure

@Deadlyinx
I would take profits if the DOW goes down 500+ points because I wouldn't expect it to happen again on monday or tuesday. If you do then sell (buy) half on Friday.

Burnblaze
Burnblaze

@Carnalpleasure
That's solid, thanks

SniperGod
SniperGod

@5mileys
:^)

askme
askme

@TreeEater
fucking faggots, someone should just nuke them.
hurr durr muh nationalist feelings

this is why dumb people should not be allowed to have a say in serious matters like this. holy shit.

Spamalot
Spamalot

@askme
implying the EU is at all a benefit to the economy

In the longterm, the UK and Europe will be better off economically speaking

Playboyize
Playboyize

@TreeEater
not a lot of fixed income discussion on Veeky Forums but that would certainly result in a lot of aberration

Burnblaze
Burnblaze

@askme
Many of the reasons they voted for were wrong, sure

But the UK is an island with different economic needs to the EU mainland. In theory the split should be good long term.

RumChicken
RumChicken

@Nojokur

What gains? The S&P is basically the same it was 2 years ago.

Spazyfool
Spazyfool

@Methshot
Ships have been obsolete since the 1940s

Aerospace and Silicone.

Fried_Sushi
Fried_Sushi

@askme
Please stop talking you uneducated faggot

ZeroReborn
ZeroReborn

@RumChicken
I was plus 7.2% on Exxon.

Skullbone
Skullbone

@ZeroReborn
I was plus 100% in AMD, Lloyds or BoI. Feels good to double, senpai.

TurtleCat
TurtleCat

@Skullbone
Or?
You would think you would know the stock that doubled?

whereismyname
whereismyname

@TurtleCat
I did not know it, but you have to read the fundamental data, give the share time to develop and have to go through bad times and buy even more in bad times.

Stark_Naked
Stark_Naked

@Need_TLC
selling low
Idiot. You deserve to have your country taken away from you.

Boy_vs_Girl
Boy_vs_Girl

@Stark_Naked
I can't read post dates

Playboyize
Playboyize

@Need_TLC
Were you holding stock in good companies?
Fortune 500 companies?

Do not fear next time.

SniperWish
SniperWish

@Playboyize
Exxon

I'm happy I sold a few days before brexit.

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