Amen to that. Some stocks seem to have it in for certain investors,
while are other stocks are like an open book.
Know very good traders who are absolute wizards with certain stocks. But other, often quite similar, ones just drive them crazy.
Have run into this plenty of times myself. Don't know if this is a quirk specific to me or whether others have fallen into the same thing. But, over the years, it's gotten to the point where I usually know fairly quickly if the tape on a stock is going to be a good read for me, or a total mystery.
Of course, it's best to have this kind of epiphany BEFORE you buy, lol. But, in all honesty, it doesn't always happen that way. Once I know for sure am drawing a blank, and I don't necessarily mean a loss, will usually look for an early exit AND not go back!
It also has nothing to do with holding periods. In fact, some of my better investments have been sluggish at first, like Raytheon. But always had a clear picture of where that one was going. So, it was easy to be patient.
Calm & patient works better for me than nervous or impulsive(g). It's also a lot less stressful and makes it more likely I'll get almost all of the intermediate up leg in the stock.
Are you bringing a laptop on your vacation? Or is Mrs. Cardog hiding it till you get back?(g)
Iso |
