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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Qone0 who wrote (41359)10/29/2021 7:03:16 PM
From: Jacob Snyder2 Recommendations

Recommended By
Lou Weed
rimshot

  Read Replies (1) | Respond to of 97305
 
<There are no "good stocks". They all are garbage.>

You are a cynic, which is exactly the right attitude for a day-trader.

I hope you understand, I was not criticizing you or your method. You and I are playing different games, with different rules. Your holding period is hours to days; some of my shares I bought 15 years ago. For you, FA is meaningless.

I was responding to Lee’s bemoaning all the over-valued stocks that keep hitting ATHs.



To: Qone0 who wrote (41359)10/29/2021 7:25:20 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 97305
 
< All stocks have risk>

Volatility = a stock going up and down.

Risk = the probability of a stock going down and staying down.

I try to avoid risk. I embrace volatility. Many people confuse volatility and risk, but they are very different.

During the entire 2020 downturn, I sold nothing, and bought nothing. My portfolio has recovered. So, the temporary low stock prices did not effect me. I had picked stocks that would recover from that once-a-century event (or any event). So, I avoided risk, and accepted the volatility.