When I tell people that I'm staying in cash and only buying on market bounces.
Well not too many people like the sound of that.
But you have to do what you have to do.
The thing is not to lose money.
We got the Warning shot of what's to come.
Conversation
I didn't make any money today. But thanks to you, I don't lose anything either. That's what matters. Your advice has taught me so much the past few days.
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I made some of the same boneheaded mistakes that I made in July/August . Not as bad, but I could have avoided a lot of losses if I just played smarter and cut ties with a lot of the swings I’ve been holding when the signs of a correction presented themselves...
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Same here, knew what I should not have done, but did it anyway. I guess sometimes we just have to learn on our own mistakes.
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