WFL 0.00% 0.3¢ wellfully limited

Short of cash...., page-84

  1. 5,886 Posts.
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    There's a difference between daytrading, short-term trading, and long-term trading. And all that is amplified by leverage. The OP wrote:

    "I'm really interested to hear thoughts about using CFD to invest more in OBJ."

    So she is talking about using leverage for long-term investment in OBJ. That requires extreme caution, hence my response. Maybe leveraging would be okay in a diversified portfolio, but not all in on one stock.

    I didn't ramp - just said what I thought was true. I definitely think that if OBJ was worth 10c with a GSK toothbrush, it should be worth at least that with P&G shaving. But once I saw the market wasn't responding, I sold. Don't argue with the market.
 
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