Niles you said..
"I don't really look at my portfolio as a series of trades in process, and am primarily concerned whether the whole ship is going up or down."
and
"Of course, there's the alternative to "averaging down" of "getting out and getting back in later". I do that a lot"
--------------------------
That is good strategy too... the bottom line is indeed whether the whole ship is sinking or not...
about getting out and getting back in.. I almost never do that at least initially when I sell I never think I will buy it back at lower price unless the stock is getting ahead of itself (which in that case the stock is going up and not down)
With these discussion today , we can see though we are all similar in the value microcap way and our good capability in due diligence.. the way we trade.. buy.. sell.. average up... average down... doubling down.. selling early.. selling late... never sell... the timing...(and so on so forth) are different from one another which will make our returns differe from each other even though we are playing the same stock...
Is there one strategy as the ultimate strategy?
Or is it always going to be the one with the best chance to have the most gain is always the riskiest strategy ?
Or is there a best risk-adjusted return strategy regarding those attributes I mentioned above (buy sell etc)?
Stan
News 
Market Data 
Discover 
