AI
Monday, April 26, 2010 5:14:03 PM
Thanks guys for our little chat!
It's always interesting to learn what others are doing.
Maybe I gave the impression that I was a newbie, but I'm not, in fact I "retired" at the tender age of 52... Liberty 52 for me, not 55
Most of my core portfolio is managed by a large financial company, and I've decided to manage myself a very small portion of it, just for the fun of keeping me busy during my spare time (don't have much!) That's why I said that trading is a game... or a "War" against myself... depends whom you're talking to
I still play according to some indicators, and have found some very good ones. I try to keep everything simple. I still didn't find the Holy Grail, yet long-term, I've found one or two that come close to it!
Years ago, I also had to deal with emotions. Lost a bundle, but kept my head out of the water (that was the good ol'time of Nortel!) I tried everything: day-trade, swing trade, Buy & Hold, penny stocks, but stick with swing trading which fits my character. My core portfolio is managed along the Buy & Check principle while holding as long as I can (leaving emotions out.) And I "swing" my small portfolio with some indicators. I read the news, but rarely play according to it. I would say that my approach is 90% technical and 10% fundamental.
My motto: Enjoy life, it's a God-given present, and help others according to your talents! Or if you like: Eat dessert first, life is too short
Have a nice day!
Peter
It's always interesting to learn what others are doing.
Maybe I gave the impression that I was a newbie, but I'm not, in fact I "retired" at the tender age of 52... Liberty 52 for me, not 55
Most of my core portfolio is managed by a large financial company, and I've decided to manage myself a very small portion of it, just for the fun of keeping me busy during my spare time (don't have much!) That's why I said that trading is a game... or a "War" against myself... depends whom you're talking to
I still play according to some indicators, and have found some very good ones. I try to keep everything simple. I still didn't find the Holy Grail, yet long-term, I've found one or two that come close to it!
Years ago, I also had to deal with emotions. Lost a bundle, but kept my head out of the water (that was the good ol'time of Nortel!) I tried everything: day-trade, swing trade, Buy & Hold, penny stocks, but stick with swing trading which fits my character. My core portfolio is managed along the Buy & Check principle while holding as long as I can (leaving emotions out.) And I "swing" my small portfolio with some indicators. I read the news, but rarely play according to it. I would say that my approach is 90% technical and 10% fundamental.
My motto: Enjoy life, it's a God-given present, and help others according to your talents! Or if you like: Eat dessert first, life is too short
Have a nice day!
Peter
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
