General comments/chat, page-2495

I honestly don’t get trying to “trade” a stock.
I did this in the past and you get killed at the end of the year with TAX.
Your nice 60% or 110% is really just 35 or 60%...

Plus it’s rare to actually get back in at a cheaper price...sure, one can do it once or twice but sorry...the average ASX retail trader just isn’t that clever. No matter what their twitter feed says to the contrary.
(If this was true...you’d see a lot more “traders” in the BRW 200)

Plus, their is commissions etc.
then once you start selling and watching the thing take off...you have to deal with the mental part which is honestly the worst part.
I’ve had some great trades but, a bunch of losses which still bug me...WHAT IF ...I did this instead. Etc.

Finding great companies like ADN is hard...
KNOWING...you have a great stock is even harder.

IMO
DYOR!!