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note:
I am not looking for advice on how to succeed in trading. Please do not give any (comments about techniques allowed). . This is a journal of thoughts
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Good stocks = Good stocks.
I am reminded once again, I have another portfolio of stocks, that if the stock is good and has risen steady without wild retail buying, even when the market is down, the stock is relatively uneffected some even + .
I believe this is the key to holding the "trend", To make big money you need to be in the big trend, You need to find trending objects, These objects will not be listed on WSJ, these objects will only be found by the studious.
So you hear about people playing golf and checking their stock quotes and going "hey I just made another hundred k today"
And people are amazed, "why is this? How do they do this? I'm sitting here clucking my hair out over $300"
Its because they bought 5 months ago and the daily fluctucations mean nothing to them. Its built such a cushion , that any big jump in stock price usually precided by a selling will not induce fear to have them sell the stock.
This is essential in riding the bronco. Cushion.