Quote:
Originally Posted by Vanity
What have you been in since April and how bad is the damage percentage-wise?
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Mid-April to now I'm down 29.42%
I was at a high point around then so some loss of profits is to be expected and I kind of just sat through things thinking when I get a chance to get back into the markets I'll even things out.
What sucks is in the past month I'm down 15-18%, so I think it's time to take action and not let my account sit around.
I need to either withdraw and re-invest when I have more time or I need to start watching the markets again. The problem is that I don't have enough time to properly keep track of things and make informed decisions and I usually never enter a trade unless I'm very confident.
I preferred the buy and sit tight for a year type of trades since I've been too busy and I guess my usual picks are no longer the right picks. Apple taking a nose-dive and being one of my larger holdings doesn't help my situation either haha.
PS: I'm not a pro/skilled trader by any means