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Re: JustForFun7 post# 21049

Tuesday, 07/23/2013 2:33:30 PM

Tuesday, July 23, 2013 2:33:30 PM

Post# of 26631
Trouble with trying to trade...

you can never tell a bottom until it is far behind in the rear view mirror. I have never been willing to try to do that. I have found that good fundamental growth vision with DD, buying regularly each month, doubling up when there seems to be irrational declines not validated by fundamental failure, and lots of patience seems to work. Also makes tax returns a lot easier, especially with that stupid wash sale law they put into the mix. I hope all these traders make money...they certainly earn it as I see it. Talk about risk!!! If I can get 10:1, or 20:1 as Rick Rule did during the last big gold market boom, I don't care if it takes one year or ten years. If the research is right, then the money will come, barring war or some huge macro event unforeseen and uncontrollable. Of course there were those who said automobile would never be popular, and bought buggy whip futures!!!

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