Quote:
Originally Posted by Halfcan
My accounts have not been Green 10-13 days which includes AAPL which was also down today.
And I agree- Nasdaq is over-inflated right now because of pos Meme stocks. Congrats if this market activity makes sense to you. It looks like a house of cards that will be taking good companies that I invest in with it.
My new strategy is to just invest and not look at it every day.  |
Seems like you're looking for someone to blame but the easy answer here is.....it's you.
If the markets are green 10/13 days and indexes are setting all-time highs, than it's you that's the problem. This is why 90%+ of investors are better off buying index funds and holding rather than individual stocks. Individual stocks are riskier because the market is NOT rational. Stocks have great earnings all the time and end up selling off. I make it a point to NEVER own a stock in my trading account through earnings because the market/stocks aren't rational.
If you are using an actual strategy to buy and sell, you won't get caught holding dogs. But most people convince themselves that whatever stock they purchased SHOULD go up. You're doing just that in your post here. Please, don't do that.
The month of June was amazing for me in my trading account. If what you are doing is losing money on heavily trending bull markets, you only have yourself to blame.
Mind sharing what companies you own that are dogging you?