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Buygold

Posted by goldielocks @ 14:46 on May 9, 2018  

Lol That can depend on cycles or what direction it’s going. Exactly why I don’t like the buy and hold except maybe core as some hold or few positions just to remind you when they do lol in a downtrend. People tend to get carried away in a uptrend and think it will never end till it does. Commodities are to fickle to do that. Then they sell in the downtrend and think they’re purposely getting washed out sometimes then it starts again. But in a down trend it may not even recoupe your loses in a bounce depending. So people wind up holding their life away. Again why I don’t like buy and hold with commodities,
Then again even the general market every so many years if your not watching they’ll take back your gains.
Anyways in a down trend any bounce won’t last and you can’t afford less you have a fast platform and then go short and the headache to day trade. People get nervous after a fall and as I predict ideas back then it was gonna be a slow take down and it was more than slow and painful. Right now it’s holding which is amazing in itself.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.