InvestorsHub Logo
Followers 404
Posts 6495
Boards Moderated 0
Alias Born 12/06/2012

Re: Day Grinder post# 35338

Monday, 11/26/2018 12:23:27 PM

Monday, November 26, 2018 12:23:27 PM

Post# of 70331
Agreed; especially when the market conditions shift. There are many things to take into consider to best determine what works best for each person. Risk tolerance and personal behavior (and psychology) are the most important. Investing is not for everyone; especially when you trade for a living as your primary source of income. Money has to always be working. Investing works great when the markets are not in bearish correction territory (obviously), so if I was an investor (buy and hold), I certainly wouldn't be riding these continued downward drops. Granted, a person can continue to throw money into a downward stock to average down; however, that is not always a great recipe. Always easier to cut the loss short, re-evaluate the broader markets, sectors, and individual stock prior to making a decision to 'get back in' or to 'keep money on sidelines' and find something else with profit potential. Great thing about the markets is there is always a bull somewhere - just need to find it and also know the bull could be a short term move.

Always have a trading plan in place. Avoid the noise on the boards and focus on protecting capital and following your trading plan.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ACB News