skycophigh
Member
Hi dreamy, we sure missed this uptick didnt we, the SS was in the 20 ish range for 3 days, seemed to be the perfect spot for a buy signal, I waited and watched as its now back in overbought territory, ohhh well, who needs a few thousand dollars anyway!!!! sky[
QUOTE=DreamboatAnnie;442592]Hi Off-road and BichonFreeze,
I am very antsy about the market right now. But as I heard someone say on this forum, every dogs gotta eat!!
thus my reason to enter partially.
I think what JTH said is right on the mark. Not everyone has the same level of risk tolerance or views the market conditions in the same manner. Last year, I limited exposure a lot because It was the first time I tried timing market. I started in May and did okay with limited risk exposure for most of that time. But, I definitely made mistakes, and could have made more if I had let it ride with a buy and hold strategy because last year was an extraordinary year for the market. This year it reportedly will not be as giving. So I'm still trying to learn more about technical indicators...adding more as I learn about them and favor some over others.
just within last few weeks, I've been reading more about limiting risk based on reading of market and technical indicators. So I'm positioned right now to limit risk by not going all in, and then if it tanks I have 50% to buy a much bigger dip. Of course if it goes the other way (up), I'd lose gains because 50% is sitting in G making me nothing. Timing the market is not easy, and I've given myself until May (1 year) to see if I can hang. I'm definitely short term trading now, but want to move more to a mid term ( several months) trader.
Right now I'm limiting exposure because I'm not comfortable with the market volatility, uncertainty and thought there could me a little more downside, and the 50 day moving average is flatish...once it starts going in upward slope I'd be more confident about upward movement.
I am contemplating going in more tomorrow only because my entry indicators have hit and if I wait too long it will be too late to enter (...if prices continue to rise). But I am on the fence right now. Best wishes on your investing!!
[/QUOTE]
QUOTE=DreamboatAnnie;442592]Hi Off-road and BichonFreeze,
I am very antsy about the market right now. But as I heard someone say on this forum, every dogs gotta eat!!
![Big grin :D :D](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f600.png)
I think what JTH said is right on the mark. Not everyone has the same level of risk tolerance or views the market conditions in the same manner. Last year, I limited exposure a lot because It was the first time I tried timing market. I started in May and did okay with limited risk exposure for most of that time. But, I definitely made mistakes, and could have made more if I had let it ride with a buy and hold strategy because last year was an extraordinary year for the market. This year it reportedly will not be as giving. So I'm still trying to learn more about technical indicators...adding more as I learn about them and favor some over others.
just within last few weeks, I've been reading more about limiting risk based on reading of market and technical indicators. So I'm positioned right now to limit risk by not going all in, and then if it tanks I have 50% to buy a much bigger dip. Of course if it goes the other way (up), I'd lose gains because 50% is sitting in G making me nothing. Timing the market is not easy, and I've given myself until May (1 year) to see if I can hang. I'm definitely short term trading now, but want to move more to a mid term ( several months) trader.
Right now I'm limiting exposure because I'm not comfortable with the market volatility, uncertainty and thought there could me a little more downside, and the 50 day moving average is flatish...once it starts going in upward slope I'd be more confident about upward movement.
I am contemplating going in more tomorrow only because my entry indicators have hit and if I wait too long it will be too late to enter (...if prices continue to rise). But I am on the fence right now. Best wishes on your investing!!
![Smile :) :)](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f642.png)