You are viewing a single comment's thread from:
RE: Who got the best fill on BTS?
I am still impressed how fast does this market evolves!
Unless you're a very nimble and expert trader, the speed of these markets is one of the biggest reasons why the best option is to hold long term. It's a long term bull market, and the long term surprises should therefore usually be to the upside, and sometimes when we try to get too cute, we get left behind. In fact, I'm only "trading" 20% of my overall holdings - 80% is a long term hold that I won't even touch and going from 90¢ to 22¢ doesn't even phase me precisely because I know we'll be above 90¢ again sometime probably very soon.
That's encouraging! And I got fooled by all the trading advice that you provide, thinking that you are a main trader and not a holder. I had tried to trade before, obtained some profit after all, but I don't like it anymore after I lost some money there :) Never going to do that again :D