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Amazing stats duc. This is why I love hanging around these forums. You get to learn from other members and have a broader perspective rather than hiding in a hole and being scared.I am more prepared this time. If the markets need to re-test or go below the lows, I would have most likely liquidated the positions that I am putting on now, unless a particular stock decides to go against the grain and rally hard.My extreme cautious view to buy very cautiously and very selectively comes from living through the GFC and coming out the other side on life support. I thought I was a genius when the market tanked during the GFC and bought up everything under the sun including mining juniors and mining services companies going all in. Didn't have an exit plan and sold out of a lot of those companies either when most were trading for pennies with almost no value left in them or still held on stubbornly till the companies were wound up and given to either receivers or administrators to clean up and to this day I didn't get a cent back.
Amazing stats duc. This is why I love hanging around these forums. You get to learn from other members and have a broader perspective rather than hiding in a hole and being scared.
I am more prepared this time. If the markets need to re-test or go below the lows, I would have most likely liquidated the positions that I am putting on now, unless a particular stock decides to go against the grain and rally hard.
My extreme cautious view to buy very cautiously and very selectively comes from living through the GFC and coming out the other side on life support. I thought I was a genius when the market tanked during the GFC and bought up everything under the sun including mining juniors and mining services companies going all in. Didn't have an exit plan and sold out of a lot of those companies either when most were trading for pennies with almost no value left in them or still held on stubbornly till the companies were wound up and given to either receivers or administrators to clean up and to this day I didn't get a cent back.
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