Some argue that right timing is crucial.
During a bull market, any stock you buy seems to turn profitable. However, in a bear market, even excellent stocks may suffer significant setbacks. For instance, in 2022, Microsoft dropped by 28%.
Others believe the choice of stocks is paramount:
Wrong timing + Right ticker = You may be stuck for a while, but eventually profitable.
Right timing + Wrong ticker = Profits are short-lived; failure is inevitable if not sold in time.
Of course, even with correct timing and ticker, making money isn't guaranteed.
An investor bought Apple before the tech stock surge but ended up not profiting after repeated trades.
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Comments
timing and ticker, both I think are important.
time plays a crucial part as it may determine how much gains or losses you may make.
ticker on the other hand cannot be dismissed because the fundamentals of a company is important as to whether the company can survive and how well they can perform.
I tend to go for companies with good fundamentals and have survived through and through, have a proven track record, etc... that's when I know even if the stock is trending down, it's just temporary and it's an opportunity to add more... and they always tend to bounce back...
as always, have risk management, trade with care and do not trade aggressively, always trade within limit [smile] [smile] [smile]
@LMSunshine @Universe宇宙 @koolgal @HelenJanet @rL @xXxZealandxXx @Shyon @Aqa @GoodLife99
Timing or Ticker?
How do you view?
Leave your comments and also post to win tiger coins~
To make matters worse, try timing the market when entering buy and sell orders. Without fail, everyone will try to get lower price when buying and try to get higher price when selling.
However, do you have the sinking feeling when the price fall after we buy or raises after we sell?
Time in the markets matters more than timing the market. At least to me. Just ask micheal burry how many times he had timed the markets to get it wrong.
At the end, all investors should understand that both ticker and timing matters. Tickers are the foundation of the investment, with the right tickers the battle is halfway won. Timing matters especially during frothy markets like now. [Sly]
1) Wrong ticker, company may never recover or even shut down for good. Not sure when will meme stocks like $AMC Entertainment(AMC)$ ever recover to its ATH or even mean price. Well, I guess only time will tell.
2) As the saying goes, time in the market is better than timing the market. No one, even with technical analysis, will be able to time when to buy or sell the stocks with perfect accuracy (otherwise everyone would have bought $Meta Platforms, Inc.(META)$ and $Netflix(NFLX)$ when they were 100). Trust the ticker and over time, it will be rewarding.
Now I can only hope that $Tiger Brokers(TIGR)$ is the right ticker which will go up to its peak eventually [Cry] [Cry]