RE:RE:RE:Unimaginative tradersJCSunsfan wrote: Cognition777 wrote: JCSunsfan wrote: Copper goes up TKO goes up. Copper goes down some, TKO goes down some. My goodness we need some stock pickers in this company who do more than just trade the daily ups and downs of copper.
Some of us make some good money on those ups and downs in the lulls, waiting for the other TKO specific fundamental that will drive the price of TKO apart from the girations of copper price. Long term investing, and short term trading are not mutually exclusive approaches.
You sold some yesterday?
This is my "investing" persepctive - eventually, over time, TKO is going to trend higher.
This is my trading perspective - I want to accumulate more shares. I don't even care if I have to do it on the way down on a short term price drop. Yes, I sold and bought some TKO yesterday. If I sell at $2.44 and buy it all back at $2.39 and then it drops to $2.30, I don't care because I have more shares than if I hadn't made that trade... and all of those trades will eventually pay off if my investment perspective holds true.