Dan1192
2022-05-09

I will stay and my reasons are as follows:


1. History. In the past, everyone relies on traders or brokers, and brokers typically goes for their summer break from June to August. In modern times, we trade on our own and this logic no longer applies. 


2. April is a statistically a good month based on past trends. Like many others, I have pinned my hopes on April but now I'm in too much red. I don't really want to realise the losses so I will hold. I know this is against many trader's mantra. You do you and I do me. 


3. I won't buy anymore, but I will save up that money to build my war chest and wait for those macro level factors to slowly go away and take the chance to buy more. 


If you share my views, please like and comment on what are you stuck with! [Grin] 



Will you "sell in May & go away"?
"Sell in May and go away" is an investment adage warning investors to divest their stock holdings in May. Will you sell, buy, or stay? Share to win coins!
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Comments

  • A_Isopod
    2022-05-09
    A_Isopod
    I concur. In a world of capitalism and each newer generation spending into future. The bubble can only goes bigger; else where they money gonna go?
    • Dan1192: 
      Eventually bubble will burst, because some countries will fail to repay debt, causing a domino effect. However, that's just another opportunity to buy in for the next wave. Hence my point in saving up
  • BellaFaraday
    2022-05-09
    BellaFaraday
    Haha people don't like to face their losses and I'm the same.
  • ElvisMarner
    2022-05-09
    ElvisMarner
    Maybe you're a little impulsive, man.
    • Dan1192: 
      Yeah I'm led by my pride hahaha
    • Dan1192: 
      But if I were to advice other people's money, I can give pretty steadfast and rational advice
  • asr68
    2022-05-09
    asr68
    similar thoughts
  • MortimerDodd
    2022-05-09
    MortimerDodd
    I also don't see the need to sell stocks now.
  • zh2021
    2022-06-15
    zh2021
    [微笑]
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