3 ms·

I have risk management in place, of course. I'm not concerned about my losses, just wish I had the balls to capitalize on the falling market. Good link, thank

• steveplace 18y ago
  It's been tough. I've been trading in this market and I've caught a couple pretty good moves.
• mattmaroon 18y ago
  Trying to accurately time the market isn't ballsy, it's stupid. It's the modern day alchemy.
  • steveplace 18y ago
    Well I've been stupidly printing money in this market.
• njharman 18y ago
  Balls? I don't understand. The simplest tenant is "buy low, sell high". Most stocks are low, way low now. No need to time the bottom. Buy and hold. Buy quality companies whose business/products you personally understand. If you already have stock, it's a nobrainer perfect time to buy more of the same. Dollar cost averaging. Bought a stock at $20, now it's at $15? buy another. Your cost is now $17.50. Stock has to go up half as far for you to be making return.
  • timcederman 18y ago
    Yes yes, buy and hold, blah blah. But you're missing the sell part. Monday was when I should've sold high, but I don't want to mistime the bottom, so I do the lazy investor's approach and leave my stocks alone until a bottom has been established and I start buying back in.