ASX 0.11% $65.61 asx limited

everything up...wot a great day!!, page-8

  1. 14,931 Posts.
    Sandune

    Off course markets do not go up in a straight line, and off course there will come a time when they will go the other way, but the fact is, that to make money, you need to know when to ride profits, and take losses.

    The market has been in bull mode for about 18months and those that have been riding it, have done well. Those that have been advocating doom and gloom, have not!!!

    So what is the point.

    When things start getting bad, or when a top is reached, you get out, even if you may take a 5-10& loss, but you have made 100s% gain in the meantime.

    Do you understand what I'm trying to say?
 
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