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Re: jpowellvlc post# 5931

Thursday, 12/14/2017 3:21:57 PM

Thursday, December 14, 2017 3:21:57 PM

Post# of 13306
I feel your pain and frustration.

That's why after 25 years of stock trading and watching many stocks fall year after year and losing money (been there and done that too many tinmes), I no longer "invest" rather "trade" only.

Even as stocks fall over years, they pop from time to time for different reasons. If you are diligent and trade these pops, you can make money - https://stocktradingmodel.wordpress.com/2015/05/17/hello-world/

When stocks reach certain technical bottoms and everyone bails in agony, guess who buys those shares? That's right, the one who has been diligently watching the chart. And when everyone is euphoric, the shares are sold and stock price falls.

Some call it technical rebound, shorts covering, "Pump and dump", dead cat bounce, etc. ... That's reality for stock trading and will not change.

That's why I am now a technical swing trader and share with family/friends/coworkers to do the same with simplified BUY/SELL rules - https://stocktradingmodel.wordpress.com/chat-room/

It sure beats "Buy and hope".

GLTA

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