(02-08-2021, 04:01 PM)HURRICANE!!! Wrote:

(02-08-2021, 01:48 PM)The Real Marty Wrote: I can tell you from personal experience and observation that you will never make big money by buying and selling stocks.  You make really big money by buying and holding stocks.  

I know it's not sustainable but, including today (see stocks above) I'm up 15% YTD --- I know it's not sustainable and I'll chill down the road, but in the meantime certain stocks has surged since April so I'm just saying that it's a big MISS for those that didn't take advantage of this unique situation we have.  That's all.

Ultimately, I'll move things to a more conservative account or simply divest all together if there is a crash but until then I'll simply ride the wave with my momentum stocks mixed with some value stocks that are still down by ~ 50% since March.  I do admit, the more things go up the more nervous I get though.  This is totally crazy !!!  it's almost like a gameshow where you can keep advancing or cash in, only in this case, i can keep advancing with the option to take a step back and still cash in.

You will "...divest all together if there is a crash..." ??

Would that be after the crash or before the crash?  Because after the crash means you have lost your money.  And you will lock in your losses by selling after a crash.  Before the crash means you have successfully predicted a market crash, which is pretty impossible.  And selling during a crash is also pretty impossible, because everyone is selling and no one is buying.

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