>>I've been buying and selling AAPL for 8 years now, (straight issues only, not options) and believe it or not, it's made me quite a bit of money. <<
I've been trying to learn how to do that. Almost day trading but with slightly longer cycles of cash & AAPL issues. At times, I've beat the buy and hold strategy, but it's easy to mis-step and get out of sync with the ebb and flow. [expensive] But I have to agree that it is a good strategy over the long term to take profits when the sun shines, or else watch as they are washed away in the following rain.
As I have said once before, "Don't sit under the Apple tree, you'll only catch what falls in your lap. But, by the same token, you can't catch every AAPL that falls from the tree."
Good hunting traders, HerbVic |