RE: Down she goes my dude25 Jun 2025 13:21
I think the best ones do beat the index by a considerable margin. And it is important to emphasise that even the best indicators and patterns do not play out 100% of the time. So knowing when to exit a trade and being extremely disciplined with the process, is vital.
Be it cutting losers, or cashing in winners at the right time according to the technicals etc.
I usually try and combine research, fundamentals and technicals for investments (and sometimes trades).
Very occasionally, I will use only TA for a short term trade and absolutely nothing else! Always small stakes in those cases, because my confidence in my TA abilities as I said before, is justifiably on the humble scale, lol.
Last time was ASOS, a while back. I actually did really well on that one for a while. Loads of small trades, which soon add up. 100% success rate. Netted well over 50% capital gain during a period where the stock was actually slightly down or flat. Very pleasing.
The main reason why I stopped was because I saw other avenues that I felt offered better prospects in the short and longer term, and only so much time in the day that you have/want to spend on this stuff, lol.
The test will perhaps come when we next see a proper bear market, where buy the dip does not work.
So no complacency from me all the same. GLA.