OT to Bob...
positioning for the next move is the most important thing
Therein lies the Holy Grail! How does one do this, though? No one knows. I strongly agree with your sentiments though.
But, sometimes, traders get whipsawed. I hate being whipsawed more than I hate the concept of dying someday! I feel like an animal chasing my tail when I guess wrong and this happens. It didn't happen to me a single time in 2000, but it happened frequently in past years. On the flip side, sometimes, "buy and holders" regret not trading more. It's a game with no solutions. Even some of the true AIMers here ran out of cash long ago. No system is infallible. I'm just willing to bet, today, that in six months we will be higher than now. If I can slip in a few trades along the way to enhance my returns, I will. If I can selectively short a few times to the same end, I will. Like everyone, I don't have the answers. I am just trying to get by, and I enjoy talking shop here with you guys. I learn something new everyday.
Overall, I believe that trading in a bear market is better than buy and hold. But in a bull market, I believe buy and hold should be focused on more, with fewer trades. Again, this is just my own opinion. Maybe not right, but right for me.
As always, good luck!
John |
