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Re: wadegarret post# 8835

Friday, 04/10/2015 8:24:54 PM

Friday, April 10, 2015 8:24:54 PM

Post# of 116269
Good luck on SYNA wade. Your record over the years has been fantastic. Your recent daytrading strategy of jumping heavy into a stock, and then jumping out a week later seems very different than what brought you all the success in recent years. I guess I'm not remembering correctly. I thought you used to take fairly large positions in undervalued stocks and then wait until the market found them. You would post many times in frustration about how the stock was at such a low P/E. And I would own many of the same stocks as you did. I guess I don't understand the current strategy of constantly switching one stock for another. Why not just own both? I mean sure a heavily concentrated portfolio of only 2 or 3 stocks can yield some big gains. But can also lead to some heavy losses. I wouldn't be able to sleep at night. Your risk tolerance is obviously a lot higher than mine!
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