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Re: JB3729 post# 8715

Monday, 10/08/2012 9:16:07 PM

Monday, October 08, 2012 9:16:07 PM

Post# of 403039
I hear you! I agree with your points. Just had to laugh at the 45% winning.

I don't play the winning/losing game on a frequent basis. Buy and hold - rather than daytrading where the TA driver for decisions may become outdated with HFT, etc as you stated. I take lessons from the OG's Engel and Ben Graham, etc. - the historic average rise in price decade upon decade should be intact as long as the earth provides base-material inputs (eg, a long long time). In fact your 45% wins being larger than the 55% losses could be correlated with the fact that the price of gold, on average, has gone up and up. The big question is - would you have made more had you never sold over the years, and rather just added to that gold position.

That's how I'm playing CTIX - never sell, just add. Long term, until that GTR, island, and yacht needs to be paid for smile
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