With the turbulent times in the market this past few weeks, we are all stinging big time. We that are not nimble, or more of a trader mind set.
One side says, “hang in there, stocks over the long run will grow at better than normal rates – better than other investments”. On the other end you get notes like these that advise to be in cash now while the market gyrates out. Not knowing when to get in and out is the biggest killer of them all. I am sure there is a lot of credence in the “trailing stop” alternative and I have been attempting to practice that of late and it has gotten me out of several losers but also several eventual winners. I think it is better at cutting you loss though and I have several that are getting dumped Monday as we hit the stops on some that should have done better? -WD0AJG
[recreading]