It should be common knowledge that if you try and time the...

It should be common knowledge that if you try and time the market, you may get lucky, but most of the time you will miss the big opportunities.

For anyone that has bought low and sold for a profit, congratulations. For anyone that sold for a loss, hopefully you’ve learnt something from your trading actions.

Unless you’re a competent trader, most people will do better if they buy and hold quality stocks. But if it trading/investing was easy, everyone would be billionaires.

For a stock like MGT, it will have a lot of volatility, and periods of big jumps, falls and sideways movement. If you’re prepared to buy now and hold long term, you’ll be there when MGT spikes and will makes some big gains. If you try and time the market working out when to sell or buy in, there is a chance you will miss these spikes. It could be in a few months, or years, who knows. If you’re going to invest in a stock, have a clear idea and plan why you are doing so and don’t get spooked by short term downturns.

There is really no point arguing who is right or wrong, will it succeed or not. That is not for us to decide nor do we have any real input into the day to day running of the business.

Let’s stick to quality posts please.