RE:RE:RE:RE:Great opportunity to buy and hold! Any green is good. The last 8 months the best strategy here has been to hold. But, the previous 2.5 years was not. Going forward I think the long trade will win out. Time for all longs to make some green for a couple of years, at least until we approach the debt obligations in 3 years again.
clubhouse19 wrote: I did leave money on the table...trading always leaves money on the table but I the same time very rarely did I get caught on the wrong side of the trade and just waited a little longer to get back in the green, The last good take down was a prime example where I wasn't caught but was able to buy more and sell all for a good profit.
Buy and hold is becoming less and less part of the markets and nearly obsolete. Just look at the daily short trading volume that is going on with near every liquid stocks especially in this country.
I am just trying to do the same since this is where all the emphasis is..
Nothing more evident than in the PM markets where I also trade.
itsalie wrote: clubhouse19 wrote: Waited for a dip after trades yesterday and got all filled at 1.90..
Baystreet seems to have laid off of this at least temporarily, but since I am still skeptical and don't trust these pimps, still keeping a short leash and realizing profits on every opportunity and hope to sell these also at a profit even though I certainly left some on the table during this run-up.
Things are looking better, but skeptical somewhat if this run-up is based strictly on fundamentals which I seriously doubt, but for now, best to ride the wave.
If you tried to trade this on the run up from 38 cents you must have left a lot of money on the table.