I would ask why?
Why ride the roller coaster and why post that to a trading forum?
More people lost money waiting for correction
- Thread starter qlai
- Start date
Why ride the roller coaster and why post that to a trading forum?
%%I am not strong in math. Just know the basics, add, substract, multiply, divide...
So I miss the "higher math".
But it's nice to see that while I miss the higher math, some math wizards apparently miss the basics.
EXACTLY;
and like they say in Chicago/ ''the smarter you are the longer it takes'' [to profit]/LOL I like what one above average hedge fund manager says'' i never sell 100% of my longs /too hard to get back in''.................................................................................................................
You're right. To each his own. I was a big fan of Lynch when I started investing. He made perfect sense to me at the time. Buy what you know, diversify and hold on, some will go to zero and some will be ten baggers, in the long run you'll come out ahead.
The tech wreck changed my mind. I didn't enjoy the ride. I went from buy and hold to a capital preservation strategy. It has worked well for me but isn't for everyone.
I maintain that if you can't beat a buy and hold strategy you shouldn't be trading. Follow Buffets advise and buy an index ETF and hope you don't need the money in a down market.
%%
That;
+ good thing for me i was neVer in a bad tech wreck, except Juniper Networks.
I almost posted one week that i made more in trading than my investing, but by the end of the week it was investing, but prices are subject to change[ETFs, not single stocks for me]
I cut a loss[50%of starting position\ a underperformer on a tech ETF today]; its going up ok , but my plans/goals dont just do ''ok''
I may kick out of the rest of it, may not/ as so often happens/sell some it goes up more again/LOL.............................................................
To the point of the thread, and who am I to argue with Peter Lynch, you don't lose money when you are not in the market.
I can be argued that you lose spending power but you don't lose money. If you have $100 in cash and you keep it in your pocket at the end of the year you'll have $100.
I can be argued that you lose spending power but you don't lose money. If you have $100 in cash and you keep it in your pocket at the end of the year you'll have $100.
I disagree with the statement if you can’t Beat Buy and hold you shouldn’t be trading. Outside of quasi arbs and some seriously capital constrained strategies it’s hard to beat the market every year. That’s why so few do it.
I suppose you have to look at your reason for being in the market.
Given that a buy and hold strategy has in the past produced an inflation beating return why would you risk your capital on strategies that won't give you the same return?
I suppose if you're trading for the thrill and excitement, or as a hobby, it is no different than buying any other depreciating asset. I play golf for the enjoyment and that's a complete waste of money. So yes if your investing for other reasons than to make money why would you care if there was a better strategy.
Looking forward to your reasons for why you would trade a strategy that won't outperform buy and hold.
most institutions actively trade to produce better risk adjusted returns. Returns that have less volatility but are likely lower than the market.