Hows the trading going Bull? Over 1 and 3 months say, whats your return?
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Hows the trading going Bull? Over 1 and 3 months say, whats your return?
Compared in hindsight - so easy to say what we should have done.
Around the world there have been many approaches and many outcomes.
There have been quite dis-similar outcomes for similar approachesdue to many factors so I can't be assumed that if you did x you get y because another country got that.
Also, it isn't over yet. We are yet to get to the end so we don't know if there is another peak in many countries (ours included) or what the ultimate economic outcome will be.
The shows not over until the fat lady sings.
Reported deaths is the key. I've been there a few times and it is impossible they have no deaths. Communism looking after it's people? I dont think so. A friend teaches English in Hanoi and they took over an apartment block for isolation of COVID patients close to her. Apparently they had these isolation buildings all over the city. You think not one oldie caught it and didnt make it? You think they will have been tested?
Precisely why NZ needs to look at the countries who are doing better than NZ in containing the outbreak, so that we learn & apply the lessons - then there can be a better balance between physical health & economic health.
Currently NZ lockdown is decimating whole industries and livelihoods with the ‘strictest’ lockdown in the world when there is really no need.
The costs of unemployment is going to be horrendous in future - there will be health problems (mental & physical) which NZ is poorly placed to tackle. Slogans of ‘Being kind and ‘save’ lives’ are not going to cut it.
i was out of the market for stocks feb/march but april was very good. im now out of stocks again waiting for the next bargain round weather thats stocks or property or what ever thats what a big cash position gives you the flexibility to pick up bargains as the downturn rolls but still nimble enough to make a good return.
some of the stocks i was quite vocal on during march oca, hlg did very well lol
Good on you you're a rare breed. I have read that 95 % of traders fail and like picking horses only talk about the winners.
Sometimes i think we should have a traders thread so some folks dont get their investing wires crossed and vice versa. Shall we start one, any interest or a fizzer?
so true , my son thinks i lose all the time because i keep going on about my losses all the time at home , doesnt realise im just telling my wife about how i could have done the bad trades better in hinsight. its all about money management , more winners than losers and better average win to average loss. sort like how the casinos operate.
most people on this site are long term investors it looks like , they get upset when i flick between buy and sell sentiment lol