BD investors only,
If you have been investing for more than a year or two, you have been through these lows, where everything looks dark and depressing. But you know that things will turn around, and for those who have the courage to wait for better times, there will be rewards.
It is hard to imagine sunshine at midnight, but believe me, when you think it will only get worse, you are a danger to yourself. Some businesses fail, but not likely that BD will go under, and if you are brave and patient, you know you will see better days as a share holder.
If you are a new trader, and you have BD right now, do not hurt yourself by selling at a loss. This is a good sound company and things will look better in a few weeks. Time reveals the truth, and unless you think there is no future in car and truck rentals, you should force yourself to exercise patience. It can be a virtue in the impatient world of day trading.
When I look back at the losses I have suffered in my last year of trading, I have discovered that I could have erased almost ALL, yes that is ALL!!! of the losses if I had just been more patient before selling. Almost ALL of them. That is pretty amazing.
And so, as you might have guessed, this post was as much a pep talk to myself as it was to you, but hopefully you have been encouraged a little as well.
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