Bullboard - Stock Discussion Forum Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints... see more

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NDAQ:APHA - Post Discussion

Aphria Inc. > Figure out your own style

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Post by CommonCentsforDollars on Mar 06, 2021 1:32pm

Figure out your own style

One person's investing or trading style won't necessarily be the best style for you.

Figure out your own style. For me I like to hold a core and trade a core with assets that I see a grand future on and want to own for the longer term. Thats what works for me but may not work for you.

I could point out a particular poster that was out at $10 and calling for APHA to go back to $6. While that poster may have made some successful trades in the lows, that person also watched it fly from $10 all the way to $39. Now we are under $20 which sure is a long ways off from $6. Right? They $hit their own bed.

Some people work best doing the buy and hold. Others like chart man dan are only in for quick trades and small swings. While they may be able to scalp a few thousand here and there they also miss out on the long upswing rides.

For myself my trading and investment style changes for different assets as well. Sometimes I am long mode, sometimes trading mode. Sometimes big swings of trades and sometimes working like an HFT computer. Also having a diversified portfolio won't allow me to be trading every dam thing I own. Have a stradegy for each asset you own. Sometimes trim if things feel like it went too far up too quick. Can add again if it feels like it came back down too quick. If it doesn't come back down you have cash with profits that you can use for another investment

Find the style that works best for you.

The only thing I can recommend regardless of investing / trading style is to always have some CA$H on hand. Opportunities of the market will present themselves and when they do, you need cash and there is no time to be looking at your portfolio trying to figure out what to sell to find some cash for the opportunity.

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momo

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