Market goes up and down. It’s true, in my case, the more I trade, the higher chance of losing [Facepalm][Spurting]. Having said that, I have different portfolios. One is simply buy with minimal trimming at a timeframe of 20+ years and counting. One is almost daily trading account. One is adding ever so slowly whenever I have some spare cash for the past 10 years, which sees occasional position adjustments. The first one, which I seldom touched, is still my leading account. It happened to contain some classic gold and silver miners, which helped to lift the overall portfolio. The frequently trading account has finally turned positive lately but it is still fluctuating between winning and losing. The third portfolio was initially a no-hoper, but after a trimming exercise a couple of years back has turned into a healthy winner. The booming uranium, various REITs and healthy utilities helped too.
Yes, frequent trading does affect my returns, but sometimes a little trimming helps! [Tongue]
Smart People Lose Money Too? What Phase Are You in as an Investor?
Most stock market losses come from reckless trading.
A veteran investor with a 90% win rate over 10 years once said: “The key to investing is to stop being clever.”
What’s your trading plan right now?
Or you a newbie wanna try everything?
The hard-effort one who are learning about technicals, macro & micro events and everything?
Or the one just holding and DCA like our smart fellow tigers?
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