RE: Competition21 Feb 2021 14:32
Sezz,
Timing is the most important part of investing , IMO
It’s no good being right about a share too early or too late , because frustration is the major obstacle whilst holding a share , that’s not moving :-)
It usually ends up with people selling out too early when the share finally starts to move up ....
One just has to have a focus on short term, medium term and LT ....
Finding ones investment strategy always depends on ones level of patience after doing ones research and having a diversified portfolio where one can do some SHort term trades for adrenaline and more medium to long term investments for capital appreciation over time ...
Trying to find the balance depends on your capital starting off.... one cannot use the same strategy whilst investing 10k. Or 10mil ...
Everyone has to find their own strategy whilst remembering that most people lose money on the stock market .... only very few make money ...
The markets giveth but takes it away very quickly ....