Australia's largest stock trading and investment forum Australia's #1 stock forum

Its Over, page-13157

First 13157 Last

Share
Profile

Follow
Young gun 93

197 Posts.

15

22/06/22

23:44

Post #: 62148676
Share

Originally posted by PaddyMac33: ↑

Taking profits is a good idea, and so is selling upon confirmation of a downtrend, and buying upon confirmation of an uptrend. But guessing the top and bottom is just that, guessing. That's not a strategy. If you sell every time a stock goes 5% down you're not giving room for a stock to move. Your advice in November was to sell (or not buy) energy stocks. Even if you missed 20% of the top to confirm the downtrend, you could have easily doubled your money in 6 months. That was a massive opportunity cost to you.

Expand

This is a read only thread
4 Upvote

0 Great analysis

Reply

Top Stories

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

HIQ

HIT IQ has US patent for concussion management tech approved

KSN

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

MTL

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

AIZ

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

There are more pages in this discussion • 9,931 more messages in this thread...

First 13157 Last

SPONSORED BY