target1360 wrote:quick money made playing markets during bull period is often lost to the same markets during bears.
look at folks here who were very loud as they made super normal profits.Eventually they often make errors that cost them gains and capital.I need not give examples,they are well known.
The same is true with debt.It makes your spouse and friends think that you are a genius,till you make a miscalculation and you get burnt,badly.
*no offence*
You are absolutely correct. The speculators in the forum have gone quiet. During a bull run, you can even start thinking you are a genius, like you cant lose and that you are almost always right.
Learning to live with a losing position of a company that one still believes in is one of the greatest assets a stock investor can have. Ignoring the market and the noise..
On that note been adding TPS . Ill soon double what i had before the fallout from above 35
The investor's chief problem - and even his worst enemy - is likely to be himself