KDY 0.00% 2.7¢ kaddy limited

DW8 Growth, page-5757

  1. 2,464 Posts.
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    Classic!. Thanks that's a great reminder. I'm sure a few that sold yesterday could feel similarly over the coming months.

    I have to say the best tip I received in the last few years was that 80% of moves happen 20% of the time. This gave me a lot of perspective and helped hold on to DW8 and others through the red, flat, tedious, painful periods. I recall being down 30-40% in the early days for what felt like an eternity. DW8's big moves up have been tempered by solid pullbacks all the way but the majority of the time it's been flat, listless and boring. That's what gets to you and if you're not careful when a pullback comes it gets you all wound up and whoops you've sold.

    As a growth stock with massive potential we expect to stay in a long term up-channel for a number of years with frequent over and undershoots. But within that we will spend a lot of time going nowhere. Big rewards come to those who stay the course however and don't get spooked by the red.

    IMO etc.
 
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