Thanks for that advice Madison. Just finished Wall Street Wizards...Great stories for sure. Cautionary tales I take to heart.
I am a jaded, streetwise, self made entrepreneur, high school dropout who has made it through instincts and gut my whole life.
I have been listening to everyone...
Now that I am actively trading, I can have large amounts of cash unused. It was sitting in various money market accounts when we were all freaking out a bit but fear is a bit reduced..(at least for me)..
How do you guys manage cash? I have bought into some bonds and bond funds like NXT and...
How do some of you invest/trade your retirement accounts? Do you treat them differently?
I made the mistake (of course in retrospect) by treating them differently and not going to cash as quickly as I did in my trading account.
My retirement accounts represent about 15% of total...
Amazingly, I have never or almost never used stops...That changed tonight after I went to a seminar for traders this afternoon. It was pretty basic stuff but I got a better feel for how to do it.
I consider myself so disciplined, blah blah but I have to admit I entered a trade today with 2...
lol...I have enough problems without getting into Politics and Religion..
But I am guilt of two usernames..the first one had a problem activating..
Now what do i do..
buy hold or sell?
or hide?
Hey Guys (and girls)
I have been trading and investing (and saving) for many years. I have finally pulled the plug on my Buy and Hold financial planner last January in a once in a lifetime call that this market was going lower..By doing so, I saved myself a ton of money of course.
I have...