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Strategies & Market Trends : The Market Taught Me That......

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To: Cynic 2005 who wrote (74)11/8/1997 12:54:00 PM
From: Cynic 2005  Read Replies (4) of 151
 
A lurker has requested me to post this:
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I have intc, wdc, apm, asnd. I have been burnt. I lost 40% of my equity. I am not upset, to me playing with stocks is a gamble. The lesson, I learnt is that you should sell when the market drops 15% from its high, and don't try to catch the falling knife as it could wipe you out.

This market has made me even more bolder and from now onwards, I will have 30% of my protfolio for short term trading and never be fully invested.
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