PSA petsec energy limited

a look into the future....., page-14

  1. 3,353 Posts.
    There is some trader in me, but the reality is, yes, I am an investor first and foremost.

    My investing time frame is 6-18 mths and looking for 30-50%. That's not to say I wouldn't sell out on spikes and buy on dips (because I sometimes do this), but generally I always maintain a medium term parcel.

    In my opinion, the shorter the mindset of the trader, the harder it is to make money. Several US studies have shown up to 80% of 'day traders' lose money. Some of these people I tend to view as 'panic sellers' and they are often panicked by crafty brokers trying to trigger their 'tight stop losses'.

    Interesting discussion.
 
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