RE:RE:RE:RE:RE:Help! I sold all and went to cash like MMM said yesterday!I think trading makes you leave more on the table than holding long especially for a stock like BBD as it has shown us in the last few months.
I certainly treat it more like a casino than I ever did. BBD is one of those potentially turn around stories that could make you loads if all cylinders keep on consistently firing. I did expect the turn around after yesterday but not as drastic as we saw hitting a high of 53.30. I certainly played the cards I was given today just Like I used to do at the casino except i was more cofident on todays action than I ever was about the next shoe at the casino.
It is actually showing signs of a company with a lot going for it and with a true captain at the helm. But Like a casino, the action is enticing whether I leave some on the table or not.
bicente wrote:
flamingogold wrote: BBD was the stock to own for 2022 (and still is)... unlike any tech, weed, crypto or meme stock that someone's brother-in-law ravved about as the next million dollar winner. They all lie in ashes now.
Tax loss season may be over, but sadly, many of those investors licking their wounds will just chase again whatever is "hot" until the wheels come off again. Buy high, sell low... never works. It's why most investors lose in the market.
clubhouse19 wrote: Not often but this played out as I predicted going into tax loss selling and the last day yesterday as mentioned.
Looks like some may be opting to taking some profits from selling BBD in 2022 since they had all kinds of losses for 2022 with other stocks.
bicente wrote:
vonSachsenanhal wrote: Just kidding. But the "Moneyman" wasn't.
ha ha ha ... but some people were buying ... GLTA
Good points and I'd like to add that trading is not for everyone , especially day trading ... many people should not be trading at all but that is why the markets are where they are now , good or bad ... the markets have become a casino and should be treated as such if you are "trading" ... long term investment is always the best plan and trying to make a buck here and there got harder but still can be done ... I trust me is my moto more than ever , and I prefer to leave money on the table when speculating rather than holding onto a loser with no potential , heck I even made a couple of bucks on the GME craze , but I never got greedy ... let the pros do their thing if you don't want to do the DD , even if it means paying them a small fee ... but when the market decides it wants your money/shares there is not much you can do but cut your losses ... happy trading and GLTA