Quote from myminitrading:
It would seem no amount of bad news can keep the market down. If it ain't the fed propping up the market its something else.
Just buy any dip in the indexes and hold on. It may go against you but it always comes back.
What frustrates most traders is getting stopped out and not having enough nerve to re enter, just to watch the market climb up and over you entry point.
I have learned over the years aside from the tech bubble, to just hang on and average down, it always pays off.
Quote from myminitrading:
It would seem no amount of bad news can keep the market down. If it ain't the fed propping up the market its something else.
Just buy any dip in the indexes and hold on. It may go against you but it always comes back.
What frustrates most traders is getting stopped out and not having enough nerve to re enter, just to watch the market climb up and over you entry point.
I have learned over the years aside from the tech bubble, to just hang on and average down, it always pays off.
Quote from piezoe:
Following this plan, which is the one most promoted by Wall Street and the Mutual fund industry, you will in the very long run, assuming you have a very diverse portfolio, achieve gains slightly less than the broad market, and perhaps a few percentage points above inflation (if you are lucky). If you are not diversified, you stand a good chance of a wipe out. This is not what trading is about.


Quote from S2007S:
its true, you cant lose, you just buy the dip and make money, I would say stick with all major market index ETFS.
QQQQ
DIA
SPY
IWM
etc.