Of course. Because you won't be using any margin lending/borrowing! And that factor alone will play a crucial role in your psychology behind trading because you won't have to worry about getting stopped out. You know that the price will eventually go up so you will hold on to it even if it drops 20% on one day! :]
Of course. Because you won't be using any margin lending/borrowing! And that factor alone will play a crucial role in your psychology behind trading because you won't have to worry about getting stopped out. You know that the price will eventually go up so you will hold on to it even if it drops 20% on one day! :]
thats right -- the daily price is not my concern - i am in it till things hit the fan
That's the right spirit in my opinion. Keep it up! ;]