Avsnitt 592 - Frågespecial

0:00Just what is it that you want to do? We want to be free. We want to be free to do what we want to do. And we want to get loaded. And we want to have a good time. And that's what we're going to do. But wait baby, let's go! We're going to have a good time. We're going to have a party.

0:43Transcription by CastingWords I've even got some questions here today. I'll grill you with it. We can go ahead now, or what do you think? Kör!

0:59We have with us Rob Markets. This week has almost all the MAG7-comers reported. It's a lot of money. It's a lot of money. We had SAP that reported it for the week. If you want to sell Euro-us, it's very easy to do via Robomarket. With the Magnificent Seven, it's top to have a ISK-dollar. So it won't be a lot of money. And now when it's a swing between AI and SaaS You can have a hedge on So you can maybe cut Vissa sector or company It's even very many ETFs You can get to via Robomarkets Where you can go both long and short Which are very smooth Exactly And when it happens so much So you can try to have a trading view If you can get to Robomarkets You can get a great overview You can look at charts You can follow You can follow a different feeling when you can follow it.

1:59Exactly. If you have any questions, you're Max and Simon on Stockholmskontoret super-snabba on to answer. So it's just to hear if you have any questions with your new account or if you want to set up a big account. Stort thanks, RoboMarkets. But come back, investing in your risk is not sure that you'll get back your investment capital. What's up?

2:47like Korem and these high-risk companies. The government has died the entire sector. Then we have small-comers, fund-plöden. It doesn't have the whole svensk fast - business-bransch that goes katastroph. But it does it on the market. When will it go to the market? What will it go to the market? It has been a lot of affairs. Castellum has sold much. They have taken a lot of interest in the market. The other companies have super-out-performated, the other companies. Then it's the question of how long-term it is when you sell your own income. What are you doing for a company? But the company is going to be a massive market here.

3:27Now it's clock-break, while some people keep buying them when they sell to 50 %-rabatt. And it will be AMF and the state-of-pensions companies to hold on with. I think that some time it will be a change. You've always said that I year comes fastighets - You've been a bad thing for a long time. Have you been able to move? I see it as that I think that I think that the svensk is vana at a certain ofkastning and prestation in these companies but the big part of why it's not going to be tired is that I think that it is because emissions euro -

4:14to you then the question for the future capital is in manylexramos the ti-imy. Then slowly there is nothing on long meanwhile before the ent�sizing or lets you know if you have房 - 맛이 Other utlashinglookers out of the store or something that they just buy that they sell that in provisions on what to procure it is not interested interested but it's up then you can find the Russian in the kitchen all the fine companies that are good and so Zagax was super dyrt before now he did Mindus his first purchase here in 5-6 years he is a genius so it might be interesting to look at Castellum with his sales if Logistea can get bort Rutger so that they can get bort Rutger-abatter it's clear that it's fine companies it's fine companies they're better now than they did for 3-4 years but the price of the price has gone up so it's not going to be the price of the price of the price of the price and for the price of the price and so that's why I think it can probably be a good price to buy fine company and I think that the balance is right, everything is right and you have to have a lot of blood that will create a price of the price and then if you get a rente-to-end then comes the price of the price And East Nine, which I've been a little bit now, I think it's super interesting to expand on Poland.

5:49Yeah, that's true. And if you get the price of the price, it's very interesting. As always, why go the price of the price? Kraschar the economy, then it's not cool. My take is the focus of why the capital is not back. Because the price of the price is higher. And the other thing is, I think, that's right. And the other thing is, why I think I think that's right, is just to look at the obligations market. There is a fasted-bolag in the market. Yes, exactly. But overall, the bond-delen in a portfolio, the 60-40 portfolio, has not prestered well the last year. And the fasted-heter is a bond proxy, a obligations proxy.

6:40so it's not so weird that fastighetsbolagen isn't prestered for bonds over the way for man should see them more in the category even if they are at a stock so it's a that it's like that sort of that's not in fashion we hope to continue the biggest part of the portfolio is on a day, then over a while it's before it how do you do if a stock has a I would say that the biggest nedgång I had was in 2022. It was a small business that had a liquid company that was almost like a on-notated company. And then I had a Medtech company where the lead had been lovinced. And it was also quite liquid and then came a big emission.

7:31There was a plotter when I felt like I had been lurated by the lead of the company in this mind-related company and felt that the trust is in management and they had totally gone away. So I sold it and then I got to start after the 2022 explosion in the depot. And then it went very well after that, where you have maybe made a bigger company and made a strategy of and more on trigger investing. The other biggest thing on the day is when you have been a biotech case when it comes to an FDA-send or something like that. Yes, exactly. I think that was the biggest thing in the beginning of the car where you could have much more size in the same company that you could have a hell of a company.

8:22I think that it was a long time in a long time. terminer. Mario Draghi, I had dragged it for the day, it was my sämsta day when he took his talk whatever it takes. And then I was max kort in the portfolio. Then I was probably under 20 % but it was a long time. So I'm not holding on to that more. It's a long time I'm going over 10 % in a case. Of the portfolio? I can go over. I index absolutely I can go over. But maybe not aktier längre. Men det kommer naturligt med att man har en större portfölj. När man var yngre för länge sedan så hade man en mindre portfölj. För det ska bli något måste man ju ta i.

9:09Så vet du det. Men sen har man väl börjat vara lite mer intradag kan ju gå långt mycket över. När man tradar och sådana där grejer. Eller om det är ett superbra case. Men if you do it, it can not happen if it goes to zero then you're going to 15 % I have been to a bigger company Tigo became a big part of my portfolio when it was in this event and then I have more than 10 % and then it's a liquid to gain it's really learned me Now I'm talking about my biotech case But I'm going to buy Bolag that's paying money Are you can sell on a day? If you're paying for a long app Then you can sell on a day So much of it It's what I learned Thank you for the dyra Läxor Liquiditete Events How big size can I take Without just sitting fast with anything?

10:18I've talked a little about this I know that many don't hold on it but I bought Lumi there in the war around 75 spain when it's gone 100 % I've sold half of it I can let Lumi grow how much as much now in a large part of the portfolio so it's a little bit I've managed my risk-sides then can it be how big the risk is but it just it just what risk is and there as you said liquidity is important for that to end with a big size in something that is illiquid it is nothing to do and it can go to hell can you draw a little pinsam trading misstag I would say one of the misstag The second thing I do now for the time is that I buy a stock market, so I put out a sell order and think that if I go to sell it, I'm going to sell it here over the day, it'll be perfect.

11:24And then I go to a shop right to the other way, so it's not to stop. I'm on the bottom. And then I go to the left, I've forgotten the sall order. And then I go to the right and then I'm short. For then I first got down, I've taken stop and made a big loss. And then I've gone up to my level. nivå. Därufn går jag kort och så ligger jag backmassa på att jag egentligen hade superrätt. Det händer faktiskt mer ofta nu när man har små barn och behöver gå helt plötsligt. Sånt där händer ju. Så det är väl en av de stora grejerna. Ett annat misstag jag gjorde var när jag var ny här på tradingdesken så att jag väntade på Active Biotechs besked med pipi-röst.

12:08Så att alla väntade och uppdaterade den här EMA-hemsidan. När kommer den här kommer den här kommer den här kommer den här. And then I roped out that it was good-kained But it was not good-kained And it was my entry in this room Then you didn't get so popular So I talk first Before I think On the first For it I see But Annars It's not so much It's like you do a lot of dumb stuff Every day Har du något pinsamt exempel? Det som kom upp var det kom någon nyhet i Fortum jättelänge sedan, 10 år sedan men då tänkte jag det kom något annat och jag tänkte det här ska Fortum upp på så jag fick upp och jag tänkte nu vill jag ha leverage så jag tog något Zart tror jag det var gånger 10 och så bankade eller jag köpte ut av helvete i den och jag visste inte att det var euro så min exponering became monstrous.

13:13It became the whole portfolio. And more there till, because it was a half-stown.

13:22You are in gold-byxan so when you do a mistake, then it goes to 3-12. 99 % of us. I think I actually... I came out plus or minus 0, but I think that Handelsson släpped it to me that he held on me and helped me there. We sat and helped us out for that I could come out of it. You have had a robot once again? You just looked at the terminer and when it was so weird, it was your robot. Yeah, just it. I was on with this algorithm. I come in on the morning I'm on the desk. I've handled very much terminer in my career.

13:58I see that OMX-terminen spedded two spänn. I go, this happened not. So I'm standing and roped trender term-in and all the work and I've got a own old-born-born-born-born-born-born-born-born-born-born-born-born-born-born-born-born дела and I was just like this and then and then I 됐 and then I go to the shop and sell to the spread it's been a fair he said he said he said that say he said he said he said so market makes I had just deployment for that for the living world and the THE Principal wrote down 90 percent on really 20 seconds yes then you feel you had an algorithmic handle? It's a thing we did from and out of now.

14:40So we were not 90 % but we were not 70 % but we were not we were not able to do it for a month. So we got to trade up it again until it was the same capital. And then the kill that I did with these algorithms they were just saying now we're going to go again. I said no, I'm not going to do my money. I can do it myself. Because I was so tired on all of them. It's a lot of problems. and it's always something that goes netto, some code that's wrong so I don't know How happens it that you go to job but don't find a trade on the whole day? And there I think it's a big difference It's just a big difference You have it, yeah And I think 95 % have no And especially if you sit in a room it's not like a good time I sit in a room where there are 12 people or something, then it's always someone who does something, or like, sitter man vid skärmen, then I have very hard to do it.

15:40Today we would come in here, we would look if it happened something. Then we had a little story, we did something. But actually, so would you focus on a little pod and a little content and do good stuff. But when I sit I'm on the screen, I'm very easy to get out of the trade. What do you have for tips that you don't do a trade? Because I think it's the most difficult. I've become like a lion like a demon like a demon and then when it happens something you hugged you what do you do for that in the mood it has become so it's not like intense but also it's often it's worth it it takes focus from Man håller på att småtrada för att man ser någonting.

16:36Sen kommer någonting som faktiskt är någonting att göra på. Då får man split vision och man håller på med andra grejer. Jag lägger mycket tid på research. Du ligger inte bara och gubb sover hela tiden? Nej, jag sitter och läser och letar. Sen 99 % av det man läser och letar skrotar man. It's a tip I would have If I really could improve my trading At one time in a week One time in a month It comes the really big things Where you feel like Here I really have an edge And then you can size 10 And then when I click every day Then I have a hundred and a half It was probably what I had come to do Because if you miss a such affair Alternative cost is very big The big big and so that when they stack up over a year, they do it it's a lot of things you could have hopped over, it's not what I've come to it's not a lot of things that do it all so if I find a case that goes like some X it's very important that I don't miss it you know what I mean even if I see a I'm a small company that has released a new one That I don't really know how to take size So that it's important to be able to do it And if I miss a entry in something that I actually follow It's not worth it And there I think that it's even a TP All how much capital I have For it can be that something's going to do up But all of a sudden I've got to buy a dip in all the company So I don't have capital to do this new emission Or the case that I actually have So to have a cash on the side That I think is extremely difficult Direct when I do a big win And I'm going to sit down on it A week later, I'm going to sit with a lot of other Case and other companies That you can find out So to sit and act the case For when it's well done in a good place But it's a little bit so If you're a statistic over your trading Then it's like how much money man gör.

18:54Ja, verkligen. Och det är väl, om man kan sluta med det, så löser sig avkastningen sig självt. Egentligen. Ja.

19:09Vi är ju sponsrade av Pareto Securities, så de har ju deras supererbjudande när det gäller handel i Norden med 0 ,025 % så då är det lite kortage och framförallt fri analys. Det har ju varit en fröjd här under rapportperioden. Kunna surfa in på sitt Pareto-konto och läsa lite kommentarer om alla bolag som har rapporterat. Det är toppen faktiskt att få den här överblicken och få en take på rapporter som man är intresserad av. Och är det något de kan? De är ju norska från början så är det oljemarknaden, både olja och shipping. Det är ju väldigt intressant nu när Iran If it goes from the one day to the other and it can happen very much then it's really good to get some insight and comment on which companies are most and most so it has been perfect so I think really that you should test their year-to-date that's what's up here and they have a analysis on over 350 nordic companies and you can also get access to algorithms, click trading and analysis and analysis in front active traders and that's the perfect start if we try to trade a little.

20:21Absolutely. I think that this price when the ACOTA is a very good price. So that they really should pass on. And on it they have even a bunch of notes. That's why they're making a lot of so it's very easy. So it's a no brainer to sign up on. Yeah, it's like Kundos Pareto today.

20:48How is it possible when traders have so jämna grafer without loss? How is it possible? I don't know. I see also the grafer on Twitter. I would like to try a year. I'm doing all things on a big ISK. Where I have both my long positions and my trading. If you have long positions in a depot, at least from my experience, then it's much more slag. If you have a depot that you have every day, and then you do your trades, and you are very good at doing it, you are a cost-driven, and 4 or 5 days, you have a cost. Then you get a curve. Then you get a curve. So, much is it. There I think it is, if you are a cost-to-handle intradag, then you can create such a graph.

21:44I have noticed that I take a part of my winters and have taken the same level that I don't have a day with. And then you take over capital and take long case with. And they are more svängers. I would say that with the time when the depot goes, you start with a long-innehage. And you start with a case and so. And then you don't get the graph so much longer. but when you had a less portfolio when you started you had no posts over the day you started to pay for a thousand lap per day and when you come in and do it then you get the graph but I also I don't have a depot but I have a depot over all where you put in where you put in different affairs Ja, det är kort och lång och olika marknader.

22:39Jag har inte ens en sån där graf. Man kan... Jag kan inte slå ihop dem. Och man har en lång portfölj där och sen om det händer någonting så vill jag bara hedja snabbt och då kanske man är på språng och då ska man göra det på telefonen. Och då gör man ju bara där man snabbast kommer in. Ja. Så så är det. Sen har vi fått den här konverteringsfrågan i Octave och där tipsade väl jag om. Nu verkar det väl lite ha vänt, men innan har den handlat mycket lägre i Stockholm, för där har det funnits väldigt stora utflöden, så vill man handla liksom billigaste pris, då ska man köpa i Stockholm, och de här ska ju handla i par till slut, när USA-handeln öppnar varje dag.

23:21Men handlar man en stor position och vill kunna liksom köpa och sälja, då är det USA som gäller. Och sen ska man hålla den här i över ett, två år, då ska man nog köpa den amerikanska, för den ska ju till slut avnoteras i Sverige, då kommer det hela tiden sådana här erbjudanden att konvertera. Så just nu spelar det inte så stor roll, men är man väldigt stor så ska man nog, skulle ja handla den amerikanska, men vill man liksom vara gnidig och tjäna en krona, två kronor, då kan man köpa i Sverige på förmiddagen, för där har det oftast historiskt sett nu, under den här perioden varit billigare. Men, ja det blir intressant hur länge de håller handen, för det känns som att It's going to be a little Millicom event When they're going to have to enter the Swedish And then it's interesting to see if they're going to leave the Swedish For the time they had 100 % Swedish And now I would have to guess that it's maybe 70 % That's the American American To even the lead-in The new stock converteres their shares So that's it to there Then you have asked You have many so-called cases So all of a sudden they just go out Peripherin It's not so much about them Complete Solaria Complete Solaria What happened there?

24:32I have my post. What are the ones in? The ones in 50 cents. Here I bought it around 3 dollars. And then I just got it down. Now it's not worth it. But the company has... What's it called? TJ Rogers. They're holding on to the right there. It's very spret and hard to see. He's hard to see it. They've made it up with the Solaria. Or what are they Sand that are the most in teled gli energy and so

25:21but I don't know what I'm like it's It's not a big puzzle anymore. It's more that it's potential if they can move around it. But the whole solar energy sector is very bad. So you can see it. It's really like a france of a brand energy-based. It's hard for companies to get out of luck. Yeah, especially this. It's hard to be they work a little branch called the중에laş Arbeits Uh univers öl is most beneficial but they have very good capital to Judges so they have many capital so the attack is fully - 인� déjà then how do you get your case Samt what do you do you set in what should be worth is it more learning get and I think I where my I want to want to Twitter X, there it's good to get inspiration if you're sitting in a room with 40 others, then you get a little inspiration here and then so, I don't sit and I don't I don't sit and screen but more screen what the company is doing or what the company is doing up to the market or more screen events, because it's been my parade, which should be in the country in Sweden and in the USA So many things.

26:58And to set in, it feels like it's more and more AI. I haven't been really good there, but it feels like Claude and Chatcapiteau can come in three years. You'll probably say that you just use Claude or anything. For all that. Now I'm trying to discuss more. I'm looking at if there's any Discord where people can update you. How it works. or there can be a little sentiment in all of a poppies company you can see how many people are on Avanza Nordnet what are you doing for input here what are you doing for methodics

27:36man just how much you can do it's a big deal it's a lot of people who drive good exactly man just was that a pick I'm going to do a lot of cases Man läser om herrans massa bolag. Var då? Är det på X-tall? Overallt. Det är artiklar, man läser Economist på Surgeon. Man tittar på allt möjligt. Men det börjar nog för mig med att jag har ett tema som jag tycker är intressant. En sektor. Ja, men precis. Och sen distillerar man därifrån. Jag vill ha exponering mot den här trenden. And then I will find something Asymmetric case Something that can go more x And just go 1x Enkel matematik Exactly And then it looks like Are you okay with that it goes 100 % Yeah For that If the upside is more x So it's interesting And then it's a question How much do you take in the portfolio and then you don't need so much if you're asymmetric cases it's a bit like that many biotech investers are they are in a lot of ways because it's very asymmetric so then you're doing quite a lot of cases and of them who sit and they can really grow to them but how you find all the cases you're on with I don't know.

29:14Like ESTA, which we talked about for the week. It was a GLP-1 winnary. But that was my idea. There was my wife a reclame. That was so I didn't know. But that was just silicon implantation. It's a growth market. I don't know that it's going to be mined. With me and sempic and so on. If you go down in the middle of the week. So it's natural that you can fix it so that you can get fin. After you have a child, it's a very good thing. That's why many people want to do it. so I saw just that and their technique is just the modernest and easier you don't have a narkos it was a logical I don't remember I don't remember I didn't remember I don't remember sometimes you can read so much so you can fast go for something very much info is still so it feels like the ones who are best are not the ones who are the most intelligent it's the ones who can Känna av trender Kolla, här har jag Kanske en konstig tes Men Ett bra case ska kunna göras på en Servetskis För då kommer andra joinaren också Är det för komplicerat När det blir för nitty gritty Och det är för små detaljer Det hänger på Då är risken för din tes Mycket högre and I think if you look at more things like that, take the oil that stood up 110 and people were able to calculate the amount of equipment that went through the moss it was just top when it was too for a lot of it's not the same potential and then it's also something you might miss So it's clear that sometimes it's a bad thing that you think it's a bad thing that you think it's a bad thing that the market might have missed.

31:12And then you get a 90-gritty. But in the store law, you should sterilize it. Sterilisere? Stilisere, but then a good case can be done on a servet. I'm going to hold it with you. Många frågar alltid Om man ska få ett tips Om man ska börja Vad har du för Enkelt tips Enkelt tips Nej men det behöver inte vara 20 minuter långt Nej men det är nog bara börja Alltså faktiskt bara börja Och sen De flesta smäller på is capital allocation. Alltså risk management. It's just a bit of a bit of a bit of a bit of a bit. It's just a bit of a bit of a bit of a bit. But you can do it on a different way.

32:15It's just a difference between your risk management. It's just a bit of risk management. Or for a bit of a bit. It's not a hit ratio. Vissa snar in on that you need to do 8 out of 10. It must be a winst. No, it doesn't. It can be 3 out of 10 But the winston is much bigger than the loss For that you have a good risk management So risk management Is A O If you don't want to live Not to be a big But don't want to lose the rest So Hitta a good risk management Strategies That you can't Kira in the market It doesn't mean It's not that it will automatically stop all the time. I don't believe it. For if you have a case...

33:05I tried to try it on in Evo. It was not so smart. Volatility is not the same thing as risk. I think. Then can volatility have a mistake that you have in your test. Then you feel like you have a mistake. But volatility is just because something It can be that it's illiquid Your value is still the same All right, ask all value investers Volatility can look like that It's like that it's going to be a snake But if If it's going to be a cash Then you don't have to be afraid for volatility Dermot You can see if you have missed something That cash will be a loss Or something else So there can be Automated stopper blir väldigt problematiskt.

33:58Och sen att jag tror många går in med att du kan till och med titta på stora bolag i index och se hur mycket de svänger under ett år. Ta vad är high-end och vad är low-end och kolla procenten däremellan. Jag tror många skulle förvånas hur stora rörelser det faktiskt är. Och om man är helt ny kanske man ska börja handla lite större So you don't want to deal with all the risk of liquidation Or that a big deal of a big deal Or so Just because The big deal of big deal of big deal Is so big So it actually goes to handle them And it's not And it's not But if you have to deal with it Then you don't have to panic In the big deal It's not It's not It's not Många kanske säger att man ska handla småbolag i början.

34:52Det är klart att det finns mer edge där. Men till en början, om man ska lära sig, så kan man titta på större bolag. Då ser man också att vållan är mycket större än de här 10 % som börsen snittar per år. Ta de stora bolagen på OMX30, hur mycket de rör sig under ett år. Indexet ljuger om hur volatilt det faktiskt är. And that means that there are affairs to do And there are a lot of things to do Yeah, exactly I would like to tip on Maybe a little bit of the social That just to find out On the internet Try to go on a kind of Burs event Träffa like-sinnade For I think it's very good To have someone to play with Both when you set it up Maybe you can find someone A little more experience Some are snatched And go to Under the wing But to be able to Sitta and learn to ensam, det funkar ju men det är en längre väg än att...

35:53Ja, och det behöver inte vara någon som redan man kan lära sig tillsammans jag tror också att vi sociala varelser man blir sjuk i huvudet av oss själv Exakt Så om det är online eller vad som helst go for it Ja, och sen ett annat tips är att det är extremt jobbigt att handla när man är ekonomiskt pressad så jag började ju med ganska lite pengar och det funkar ju for me, if it was a tur or a skickling it was hard to do but to really lay down if you want to go back 3-6 months you should really go back for if you know if I need to go back to 3-6 months if you know if I need to go back to 3-6 months with my trading then you don't have the best job at the same time I think that's a good school many people talk about that a big consumption will create a big income that you can't get a big income stora costade to generate stora intäkter.

36:48Then it's just what comes first. Exactly. And it's a good strategy. Because then you can cut the cost of the cost. You just need to see that you have a lot of cost. It's very important. It's a far way to have a high burn rate. Because it's difficult to come out. Or for high fast. But it's good. That you need to be able to to keep...