I think it is times like this where the "buy and holders" sure
look smart. I think the whole point of trading in and out of
the market is to beat somebody who just buys, holds and accumulates
SPY -- but remember, this includes dividend. And this is
substantial -- I am guilty of mis-stating facts: I often say "the
market has gone nowhere in the last 13 years" -- this is false.
Include dividends and we are 35% above the highs of 2000.
Use SPXTR (total return).
Posted by jcomptonod on 8th of May 2013 at 03:03 pm
I agree. But knowing what you know now, it sure is hard to hold
through those downturns that come along. Of course, you could
trade weekly charts and if you didn't watch anything then you might
not see the market drop 5 days in a row. At this point
I don't think I could not pay attention to the market. I wish I
could, then I'd just trade some mechanical 8/20 cross on the weekly
or something and be just fine.
People are rarely afraid of losing money.What they are truly
terrified of is missing out on gains.That's why they hold
throughout an entire bear market in the face of mounting
losses.They are scared if they sell the market will go up without
them while their neighbors get rich.So in bear markets they hold
and hold until they have to sell
For sure, all the hours studying the markets will cause most to
over-trade, over-react and try to always out-smart the market.
I'm 100% guilty of it. That 3% dividend on the SP is
not bad over time. I know plenty of people who never check
their account balance and always go on the belief that over time,
it will grow. Lots of people shat their pants in 2009 and
went to cash (many of those people have been buying the market in
the last few months).
Title: Personal Performance Matt or Steve,How
Posted by polish1 on 8th of May 2013 at 02:39 pm
Matt or Steve,How do i rate my performance in the stock market,is it against the SPX? which is the benchmark.Thanks.
I think it is times
Posted by kalinm on 8th of May 2013 at 02:54 pm
I think it is times like this where the "buy and holders" sure look smart. I think the whole point of trading in and out of the market is to beat somebody who just buys, holds and accumulates SPY -- but remember, this includes dividend. And this is substantial -- I am guilty of mis-stating facts: I often say "the market has gone nowhere in the last 13 years" -- this is false. Include dividends and we are 35% above the highs of 2000. Use SPXTR (total return).
I agree. But knowing what
Posted by jcomptonod on 8th of May 2013 at 03:03 pm
I agree. But knowing what you know now, it sure is hard to hold through those downturns that come along. Of course, you could trade weekly charts and if you didn't watch anything then you might not see the market drop 5 days in a row. At this point I don't think I could not pay attention to the market. I wish I could, then I'd just trade some mechanical 8/20 cross on the weekly or something and be just fine.
performance
Posted by polish1 on 8th of May 2013 at 03:29 pm
People are rarely afraid of losing money.What they are truly terrified of is missing out on gains.That's why they hold throughout an entire bear market in the face of mounting losses.They are scared if they sell the market will go up without them while their neighbors get rich.So in bear markets they hold and hold until they have to sell
For sure, all the hours
Posted by kalinm on 8th of May 2013 at 03:16 pm
For sure, all the hours studying the markets will cause most to over-trade, over-react and try to always out-smart the market. I'm 100% guilty of it. That 3% dividend on the SP is not bad over time. I know plenty of people who never check their account balance and always go on the belief that over time, it will grow. Lots of people shat their pants in 2009 and went to cash (many of those people have been buying the market in the last few months).
Rate it against your own
Posted by steve on 8th of May 2013 at 02:40 pm
Rate it against your own goals/objectives.