XJO 0.83% 8,199.5 s&p/asx 200

buy buy buy - everyone makes money, page-10

  1. 17,444 Posts.
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    Caylus

    I am not sure why you would have been short from 3600!

    I don't know what criteria you use but I haven't had a solid sell signal since this rally got started and have pumped money into my long term funds as well on a couple of occasions.

    I'm nervous but you can't fight the market and the indicators.

    Yes, with my play money I am taking little shorts all the time knowing it is against the trend and not overdoing it.

    As for luck playing a part, there is a little of that and it mostly always go against you, but you remind of many years ago when I was fighting the market and losing and I would blame bad luck and anything else I could. A little bad luck and you laugh it off, a lot of bad luck and I suspect it is self produced.

    We have all been there and done that so no shame, but it should be a lesson learnt.

    I can hear someone saying "but you're suggesting tops all the time". Indeed as that is the fun part for me. Predicting turns is good fun but you either need to wait for market confirmation or if very sure then taking a position with close stops if your're wrong.
 
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