XJO 0.84% 8,295.1 s&p/asx 200

Remembrance Day. Tuesday, 11 November, 2014, page-35

  1. 1,073 Posts.
    When i first started out i initially gave myself lots of room and failed dismally, tried longer term investing and that was even more of a disaster.Swing trading i very quickly know if im right or not, cut my loses and as long as my plan was followed no biggie. I find the older i get the more risk adverse i am and shudder when i think about all the 'mistakes', huge positions etc i had on, though i guess thats part and parcel of the learning process. Totally agree def need good risk/reward setups and was lucky cos robx7 indirectly hammered that home when he was kicking round these parts.

    Also as i get older divi plays get more appealing at least for a longer term plays and deriving somewhat of a second income from those that could cover bills/living expenses.

    Peace

    Karl
 
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