Overnight asks - Does Anybody Here Have Stops in Their Mutual Fund or ETF Fund? For Cryin' Out Loud!

*sighs* You haven't been reading my journal. I refer you to that for the skinny.

The general gist of it is...If the trade does not work out in favor, just hold until it is in profit. Go to expiry if needed, and roll.
I haven't been reading your journal, this is true.
 
...then get back in near or close to the lows?

Stop to get out, stop to get back in...

AHHH! You've hit on something I have had trouble with mentally. After taking a huge bonk on the head, I have been very reluctant to get back in because of that bonking. I have been struggling with that internally. Take lump, then get back in and regain that which was lumped, hehe.

So I decided, "why take the lump?" The end result would be the same. For example, take a 1K loss, then gain back the 1K and be at BE.

Why take that loss in the first place? Trust me Mr. Sun, I am working on that in my head.

I really find more satisfaction clawing back a day's loss and ending at BE, rather than just riding a drawdown. But just riding the bear takes less effort and so that is where I am at right now. :-)
 
AHHH! You've hit on something I have had trouble with mentally. After taking a huge bonk on the head, I have been very reluctant to get back in because of that bonking. I have been struggling with that internally. Take lump, then get back in and regain that which was lumped, hehe.

So I decided, "why take the lump?" The end result would be the same. For example, take a 1K loss, then gain back the 1K and be at BE.

Why take that loss in the first place? Trust me Mr. Sun, I am working on that in my head.

I really find more satisfaction clawing back a day's loss and ending at BE, rather than just riding a drawdown. But just riding the bear takes less effort and so that is where I am at right now. :)
Chandelier stops.
 
Come on, MON!

Read it, then take a break of a couple of days, then read it again. THEN, talk to @Overnight
8 ball.jpg
 
Man, that is VERY disappointing. You are giving away all the answers to the Magic 8-Ball™ before anyone has had a chance to shake it! Booooo!
When life gives ya Lemons, baby, MaKe Lemonade.

Would you mind editing the Overnight Edition of the Magic 8-Ball?
I'll buy one, gauraaaaanteed!
 
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