What is your Risk Tolerance?
Added 2023-12-03 10:32:03 +0000 UTC
Comments
Hello Gareth. I hope you are doing well. There are 2 schools of thought when it comes to allowing a position to go in the red. Traders say that you should always get out of a position if goes below your cost basis. However, if you are a long term investor, it seems that you have to go negative sometimes and average down. Do you have any thoughts and/or any resources that you can point me too regarding this. Thank you very much
Steven Richards
2023-12-21 17:28:32 +0000 UTCAdded
Chris H
2023-12-04 16:57:12 +0000 UTCJust finalized my analysis! Have an account of 6 figures and over 25 stocks in portfolio most ones acquired in the beginning of 2021….in dec 2022 i had the worst period having -65% possible losses but managed to keep myself and starting slowly to DCA the account (not too much cause i invested like 90%)…now, i am like recovered well, almost doubled the money but still - 40%….some of my positions went broke, others are doing very well but in a nut shell i think i managed to keep my head up and did everything i could to resist! So, how is the resistance considered Gar having my small storytelling on the board…? Thank you for your help in general, also my resistance is part of your calm/analysed approach and all advices received during last year! 🤗🙏
WallyN 🇷🇴
2023-12-03 10:56:22 +0000 UTCI think freeing up cash in the lead up is a lesson I need to learn.
Lyndon Richards
2023-12-03 10:47:22 +0000 UTCPersonally maximum since I invest money I don’t need in the next 5y and I aim to build generational wealth by investing into stocks and ETFs I have seen my portfolio being down 8% on a day but just bought more.
makis
2023-12-03 10:35:13 +0000 UTC
