When it comes to "trading", I'm into vanilla. Shares, leveraging with margin lending when necessary. So it's really investing not trading. Well, not even investing right now. At this stage I'm 100% in cash, having bailed in Sept last year. Best move I've ever made! ;)
I think there's a bit more pain to come, but at the end of the day, I'm happy to wait until the bull is back on top again. I don't worry about the 1st 20% or the last 20% - I just want the 60% in the middle.
While trading interests me, I just don't have the time to devote the attention that it requires, so I'm best off steering clear. I think this is one of the main reasons people lose money trading. They don't treat it like a business, and don't devote enough time to it. So they get burnt. Do you spend much time on it?
Hi Nikky,
Apologies for the delay, I have been away on hols and a little time off due to illness. All better now. Has your' lender dropped their rates any further since we last communicated? Depending on your' total debt amount, you should…
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I think there's a bit more pain to come, but at the end of the day, I'm happy to wait until the bull is back on top again. I don't worry about the 1st 20% or the last 20% - I just want the 60% in the middle.
While trading interests me, I just don't have the time to devote the attention that it requires, so I'm best off steering clear. I think this is one of the main reasons people lose money trading. They don't treat it like a business, and don't devote enough time to it. So they get burnt. Do you spend much time on it?
JFK