Alamak! Uncle8888 is 徒弟!
Position sizing and money management is what it takes to be long term successful retail investors over past and future market cycles.
Uncle8888 agreed with the speaker. There is no 完美賣股ABC!
After 19 years across past market cycles; he has more data points to show it - position sizing and money management.
Position sizing must be relatively large enough according to our account size so that our multi-baggers has impact on our investment portfolio.
Which is more painful?
ReplyDeleteMissing potential gains or realizing losses?
How about you are "in the money" when you buy?
DeleteThis type of deal does not happen very often and need a strong heart and guts to execute.
Shiok feeling.
Delete