Originally Posted by
BlackPeter
Absolutey - if you need to sell, you need to sell, no matter how ridiculous the actual price proposition of the market is.
Did you ever notice that the markets "always right" tends to change from day to day and from minute to minute? A successful investor or trader would exploit this phenomena by buying cheap and selling dear ... an unsuccessful trader would sell cheap and buy dear ... are you proposing the latter is what we should do :)? - or what else is the purpose of your recent posts??
I guess I don't know your trading strategy - it appears to be something like momentum trading. Follow the flow and try to cream ... and fair enough - as long as it is not too many doing it, there will always be a bit of money in swimming with the stream. But just imagine the mess if everybody would try to apply this particular strategy.
Not sure though whether you realise how negative most of your posts come across. Do you enjoy downramping and baiting people - or do you just have such a gloomy mindset?