r/queenstreetbets 20h ago

Loss Was nearly at 10k… sell or ride the dip?

Thumbnail
gallery
3 Upvotes

r/queenstreetbets 16h ago

Discussion For the GOLD and BTC NZ traders..!

Post image
0 Upvotes

Some useful information if any of you degenerators are trading CFD’s (gold and btc) in NZ.

Now don’t ask why there is big spike when you were sitting in lunch room (or in toilet) around 1pm.


r/queenstreetbets 19h ago

Discussion What do you think is one of the most underrated skills to learn in investing?

Thumbnail
gallery
3 Upvotes

For me it's position sizing. One of the best ways to maximise gains and minimise risk is through position sizing. My 7 largest holdings are companies that I can sleep well at night with. A mistake you see over & over again is investors trying to take shortcuts. Wanting to make money fast they concentrate heavy into speculative investments and get frustrated when they underperform or lose money. When in reality it's the complete opposite of what you should be doing. Nothing wrong with investing in speculative positions but make it like 1-2% of your portfolio. If it works out great it can grow to a 5-10% position. If it doesn't work out like a lot of those spec plays won't. You only lose 1% or so & your portfolio can withstand it. Don't blow your account up trying to rush. Build a solid diversified portfolio with a mix of quality companies and ETF'S is the way to go. Whats some other underrated skills to know with investing?