RE:You Either Believe or You Don'tRickandMorty wrote: I read all the posts on this board and man oh man, there is so much guessing, double-guessing, triple-guessing, possible scenarios, etc! I have done fairly well with my stocks the past year, and what I found worked for me was to simplify things: ignore all the "experts", the media, the hype or hysteria, outside "noise", my own panic or doubts - simply decide whether I believe in a company or not, and if I believe in it set a price target and wait patiently until I get to at least 80% of that target, then decide what to do from there. So far, the only times I have been burned were times when I panicked for some reason and sold early - still made a profit but within a few weeks had left far greater profit on the table. I fully understand there are many bad guys and insiders out there impacting the market, but realize that ultimately if a company succeeds it will hit a certain target price regardless of the antics of all the bad players. For some reason, I believe in FDM based on what I have researched and followed. So I am definitely long term on this one. Basically what it boils down to for me is to ignore all the bad guys, the games, the outside "noise" and if you believe in the stock long term you should hold it, if you don't believe in it long term you should sell it (or not buy in the first place).
that's all easy for you to say ....you didn't get a 10:1 rollback...it's a huge hill to climb with a decreased capital to play with for most investors stuck in here since 1 yr. ago....feel me ?