The Rokslide Stock Traders Thread

[Danny Hoey]

I need to start collecting the little profit days, like yesterday. I think the market is going to continue to be head fakes after head fakes, and if you don't take profits somewhere then it's just going to bob and buoy.

The problem with that is wash sales. Find equitable investments to move your money around to fill the time gaps.

 

[Beendare]

I need to start collecting the little profit days, like yesterday. I think the market is going to continue to be head fakes after head fakes, and if you don't take profits somewhere then it's just going to bob and buoy.

The problem with that is wash sales. Find equitable investments to move your money around to fill the time gaps.

I think you bring up a good point;

The question right now; Is this a good market to be in Risk On....or Risk Off mode?

I do think the current admin is working on making the world a better place in the future but in the short term, there is a lot of potential risk. If you have a really long term time frame investor, its less of a factor, that lessens your risk.

I'm older retirement age. I think I am going to lessen my market exposure down to about 60% by cutting a chunk of the Tech stuff that has performed so well. I hate to do it but stocks like TSM have grown so much that it leaves me hanging out there.