RE:RE:No regretsflamingogold wrote: Since the beginning of March both ALA and EXE are down except EXE is down only about 5% more. So your 90K more in profits by swapping out is likely not on the same day and excluding the big hit that all stocks too in the first 3 weeks of March. If you made a clean swap, in order to have 90K gains on only a 5% difference in valudations, your capital investment must be $1,800,000.
Actually, I started the year with an account worth about $350K and I've done about 500 trades since then. I lost 90K on EXE but recovered that amount on ALA ($65K) and RNW ($25K). I also made $10K on BCE which is my net capital gains so far. I've also earned about $9K in dividends. I have done too many trades to report here but my last significant buy of ALA was on May 29 at average price of $$14.96. I sold more than 20,000 shares on Friday with my last sell at $16.05. To summarize, I'm solidly in the black for the year, which I wouldn't be had I stayed with EXE. There is something to be said for being a trader rather than a mindless "buy and hold" type like Red Deer, but you have to be skillful. My book on trading will be out before long, but in the meanwnile, follow my posts and do as I do and your performance will likely improve.