This is good for the market, I hope it continues moving sideways longer. That will create better opportunities for both trades and the overall market going forward [Reply]
Originally Posted by Hog's Gone Fishin:
That's called panic selling. You should know better!
No it’s isn’t. I’ve explained my strategy as a swing trader. If the market shows momentum I jump right back in for breakouts and reversals. I’m actually up .5% in account value this week, so this strategy works for preserving capital.
Originally Posted by lewdog:
No it’s isn’t. I’ve explained my strategy as a swing trader. If the market shows momentum I jump right back in for breakouts and reversals. I’m actually up .5% in account value this week, so this strategy works for preserving capital.
Listen up!
LOL, Hey I bought that book you've been suggesting, just received it yesterday. Did you know that when you lay it on the table you can fit 6 beers on it. Easily!
Originally Posted by Hog's Gone Fishin:
LOL, Hey I bought that book you've been suggesting, just received it yesterday. Did you know that when you lay it on the table you can fit 6 beers on it. Easily!
Plan to start reading it tonight.
Whether you buy-in totally to his philosophy or not there’s some great techniques to at least use for part of your trading. His risk management stuff EVERYONE should read.
Good study on the beer! My Saturday afternoon routine is to booze and look at charts. Lol [Reply]
Is it just me or does there seem to be a lot more red days than green the last month or so? And the red day drilling seems way deeper than the green day gains. I've admittedly never traded in a bear market but this market hasn't felt very bullish lately at all. Y'all can shit on them all you want, but meme stocks are the only ones keeping my portfolio green overall so far this year. [Reply]
I'm buying a boomer stock tomorrow, probably way too late and it'll likely tank right after I do but GE sounds pretty good after a day like today. [Reply]
This is when weak hands get weeded out. That's what the MM is doing. Hold your positions and take a break. You'll be recovered before long. Add to your stocks you like on the dips.
Red days are good for the portfolio if you stay true to what you believe in. [Reply]