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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (201828)8/2/2011 10:23:10 AM
From: Veteran98  Respond to of 312987
 
"""The times have changed. We adapt or we disappear. It's all about risk management these days (actually, it always was. I just didn't realize it)."""

One thing that has never changed is that there is no free lunch and if it looks to good to be true in almost all cases it usually isn't... Once I took off my rose colored glasses and wiped the dollar signs out of my eyes and consistently started taking money off the table on the way up that is when I started making big money consistently... Sure I've left a lot of money on the table over the years but if investing was based on 20-20 hindsight we would all be billionaires... You never go broke taking a profit and in the spec market sandbox we play in they can go down faster than they go up... buy and hold is the quickest way to go broke...