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Awards have been a tad hard to come by of late - but today I am...

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Veritas2000

12,971 Posts.

1055

24/05/22

18:11

Post #: 61595484
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Originally posted by Endless: ↑

The trick in these kinda markets is not to incur serious losses.

Don't let profits evaporate and turn into losses.

You have to sell stocks as soon as they turn cos the direction of the market is down.

Maybe there will be a bit of a bounce and you miss out on a few $$$s. Doesn't matter.

The name of the game is to stay in the game.

Better to be wrong and ahead than wrong and living in hope.

Take a good hard look at the FA of your fav stock. Is there really any or just company anncmnts promoting a bright future? Is the chart saying o'bought?

There's always another stock coming along that you can buy cheaper with more upside.

And peeps who are holding in loss will say anything to keep you holding too.

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Awards have been a tad hard to come by of late - but today I am priviledged to award one to our very own "on again-off again red heart" and king of the jungle for such a rationale commnentary of day trading in the current environment.

Arise King Phantom....
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