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IBDvalueinvestin (99.65)

I should have held on for just one more day.

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6

June 27, 2011 – Comments (6) | RELATED TICKERS: TECL , SPXL , TNA

+154 point gain is making me sick to my stomach now..

6 Comments – Post Your Own

#1) On June 27, 2011 at 3:17 PM, Frankydontfailme (27.80) wrote:

Yeah but its like poker. You fold 2,3 and the flop comes 2,3,3. You might feel awful but you made the right decision so forget it.

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#2) On June 27, 2011 at 3:46 PM, Momentum21 (43.14) wrote:

#1 - or maybe he got bluffed of another pot with the best hand. : ) 

 

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#3) On June 27, 2011 at 4:19 PM, lemoneater (71.22) wrote:

My sympathy!

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#4) On June 27, 2011 at 4:38 PM, Jbay76 (< 20) wrote:

coulda', shoulda', woulda'...you can't time the market chief....as long as you sell high, buy low, you're doing alright

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#5) On June 27, 2011 at 5:00 PM, TSIF (99.96) wrote:

Balancing risk/reward is a personal call.  If you get squemish when you're all out, however, then there's not much anyone can do for you.

Generally there's a balance if you're going to be in the market. Unlike many things in life, there is no reason to be all-in or all out.  At a minimum, however, you have to have a plan and follow it through.

Good luck...hope you find some method of carrying for your assets that works for you.....maybe by moving to a deserted location with no TV/internet..etc...what you don't know won't hurt as bad...   ;)

Good luck.

 

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#6) On June 27, 2011 at 5:47 PM, rodmrose (< 20) wrote:

I promised myself I'd set up a dividend income account and then ignore the market until I'm ready to retire. Have I? Of course not -- I sold Novartis then saw it go up another 10 points. But generally, I'm not flinching. Diversify, diversify, diversify.

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