Thank you, Bipin. I do not mean to hurt your feelings, I'm just trying to understand your strategy.
As I understand it, your strategy is:
(1) You never hold a position overnight, unless it goes up the next day, in which case you held.
(2) However, if it falls the next day, since you never hold a position overnight, there are no possible circumstances under which you might have suffered a loss.
(3) If a stock rises sharply and then falls off, you are a day trader and took the profit.
(4) If a stock drops off, but rises over time, you are a long term investor.
I appreciate the wisdom you have imparted to this humble penitent. I honestly can't find any fault with your strategy.
You are the Master!!!! |
