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
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