US Travel Ban - How's yer stocks looking now?

Well done Mr Trump. Not appeasing world panic at all, are you?

Shell - Ā£12
BP - Ā£2.97
Lloydsā€™ (which i didnā€™t think could get any lower) is now smashing 39p.
Perhaps you want some IAG. Ā£3.60. bargain.

Wow ! - anyone still buying ?

Shell, BP and Barclays all down 31%-40% for myself, thankfully they are the smaller holdings in my portfolio so only make up 4% of my total.

Should say I wonā€™t be adding more till we see shoots of recovery.

Interestingly enoughā€¦ this is where the shit gets real.

Look at AAPL and TSLA - havenā€™t budged an inch.

Itā€™s times like these we see which corporations have balls ! (are truly resilient).

I was still slightly up on my Apple holding which is my biggest individual position, was so close to selling yesterday and buying back in because Iā€™ve no doubt itā€™ll drop.

But that goes against everything Warren Buffet says so decided against it :joy:

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I was getting stressed about it before, but I kinda just have to laugh at this point, I just watched a couple of hundred quid get wiped off my portfolio value in the matter of minutes.

Iā€™m mostly invested in boring but steady dividend stocks. I wonā€™t claim they will reach the highs they just fell from, but Iā€™m fairy confident they wonā€™t go under (at least for now) so am happy to average down and push on.

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I done the exact same run through all my individual holdings yesterday and looked at their balance sheets, whatā€™s product they offer etc

And out of 32 holdings I reckon 5 are ā€œat riskā€ should this virus get worse and we enter a recession, the rest are pretty recession proof imo.

I expect a few people on freetrade are in the same boat as me, Iā€™m not going to take anything out from the account for at least ten years maybe longer if at all. So I was bound to go through this type of drop/shock/correction, and will again. I will keep chipping in.

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With VIX at 54, I think a madman would trade. Signals are that we havenā€™t hit bottom, potentially buy some way.

General rule of thumb is that if VIX is above 31, the market becomes un-investable unless youā€™re a full blown hedge fund / trader.

Obviously, if you take a long term, bargains can be had, potentially at the expense of some short-term pain.

Hey, try not to stress. everyoneā€™s stocks are getting battered.
Even if youā€™d put all your money into a ā€˜safeā€™ index tracker youā€™d still be down.

The stress has passed, being -5% was stressing me out, being -15% is just hilarious. :rofl:

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Itā€™s like loss porn now, the reason I read /r/wallstbets. Not quite as funny when itā€™s happening to yourself, but Iā€™ve numbed myself to it.

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First stage: OMG - 5% loss, Cry!
Second stage: denial, this canā€™t be happening to me.
Third stage: disbelief - WTF?
Fourth stage: bemusement. LOL. How deep can this go? Bring it on!

Final stage, when youā€™re old and decrepit sit with grandkids around campfire and tell how granddad lived through Black Monday.

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Yep Iā€™ve reached the laughing stage now. Come on lets lose another 10%. Iā€™m down like 25% or whatever. Who cares now.

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I didnā€™t know that you can add VIX to your (Apple Stocks or other) watchlist like any other stock, but you can. Useful!

You can but itā€™s scary.

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Found a green one. Itā€™s like playing hide and seekā€¦
image

ā€¦i bet BAT is going up.

Nervous Panicking chain smokers out there !

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FTSE 100 - 5,450

Itā€™s now LOWER than 2008. Surely cannot get any lower.

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Donā€™t worry it will stop when it gets to zero.

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and therein lieth the truth: Itā€™s not logic influencing peopleā€™s decisions, itā€™s emotion.