It feels good to see some of the losses over the past week return to my portfolio. I own 60 stocks (I’d love feedback on if 60 stocks is excessive). Today this basket is up about +7% after being down -23% over the past two weeks. It’s the biggest single day move I’ve seen for my portfolio since I started investing 6 years ago.

Today’s movement is a reminder to me to stay invested for the long term so don’t miss out on days like this, and also not to react based on fear when everything’s is in the red. I didn’t sell anything over the past month.

I’m also curious if high volatility is going to only amplify as technology enables faster movements of money in markets. Curious if anyone has thoughts about that. Even just 6 years ago swings of +/-2% were the exception. Now they seem the norm.

@aaronkettl Agree completely with you on the long term mindset. I have proven to myself I am not good at trading. My biggest gains have come from holding onto big winners over multiple years. 
I believe the price Algo’s that control a majority of shares traded often follow momentum so upside and downside are amplified. With the extra money supply being created in the system it seems like the new norm at least for this year.

I used this drop to reduce or sell some smaller positions and add to my favorite names that had 30-40% drawdowns. If the market is going to continue tanking I would rather see a loss in one of my favorite companies then any lower conviction names because I know I will be able to hold through it.

Ryan Mahony

Lessons learned from a rebound day

This member connected a brokerage account and is sharing trades and portfolio performance with the community. 