CrgButcher's Account Talk

[CrgButcher]

I am trying to figure out how these forums work. I'm not big on social media sites so am clueless and clumsy.:embarrest:

 

[userque]

I am trying to figure out how these forums work. I'm not big on social media sites so am clueless and clumsy.:embarrest:

Welcome,

You've done good enough for government work so far. (Maybe an Admin will correct a minor mistake you made in naming this thread...your thread. ).

I recommend exploring the site...checking out links to see what they do, etc.

 

[DreamboatAnnie]

Welcome! You can learn a lot here. Read..read..read. You may want to do that, consider a premium servce, etc before you jumping into this very risky market. Thinking this year maybe very rough. I don't think a long term buy and hold strategy will work this year. Short in and outs, probably not risking more than 50%, etc. Timing this market is hard and risky. Best wishes!!

 

[CrgButcher]

I agree that this coming year is likely going to be a rough one and will likely have a downward trend making a buy and hold move a fools game. I just moved into the S fund, more out of a Pavlovian response than anything. Last year when the Chinese market went south, I did very well. I knew enough to wait it out and timed it almost perfectly with only 1 loss day out of that whole pay period and end up with almost a $1700 gain from the upward bounce that occurred afterward. My biggest problem is that I got greedy and started seeing dollars signs and by the end of the year, had lost all my gains from September and October. Hoping not to repeat that mistake.

 

[Whipsaw]

Sort of like going for that last blue ghost in Pac-Man...

 

[CrgButcher]

I would never make it in Vegas.