RE:RE:RE:RE:It would be funny if it wasn't so sadYup. Buy and hold is nice, but its a loser strategy currently. There have been some massive swings last 3 months that could have made a fortune. I say could have because I didnt predict any of them accurately. However they still happened. Buy and hold just isnt the way to make money with all the risk on the table. War, politics, and now the new "UFO" setup gping on.... its a crazy time with black swans around every corner just waiting to pop out and destroy capital. Yet people will call it "conspiracy theory" despite all the absolute nonsense we've seen last 5 years. Nothing is normal or business as usual and anyone who doesnt protect their capital will lose it all.
Roscoe747 wrote: Actually, Monday was a tough call because I usually wait till closer to month end to sell so that I am all cash in case the dividend is cut. Its not as easy as it looks this time because 4 times out of 5 I have to bid higher than my sell price to get back in. But, when it does work, my losses are covered and a profit. In 15 months, I am a couple of thousand dollars ahead of my original investment in GXE but own ~ 40% more shares all because of swing trading - some big wins but lots of small losses. The market is simply too dynamic for buy and hold strategy.