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I basically trade and invest in sustained momentum and a good story to support it. Once that ceases I switch into summat else. I am always prepared to ditch any stock if/when it ceases to perform - regardless of fundamentalist arguments in its favour. I am happy to grab the middle of an upslope. I don't mind buying after a rise has already run awhile. Since quitting paid employment I have for more than 20 years made my living entirely from UK stocks that are quickly climbing over several quarters or years. That's what works for me - it might not work for others with different personalities.
Authors of investment guide books that include (as they so often do) a list of commandments ('golden rules' or whatever) would not approve my approach. That's OK. I don't need anyone's approval, and I am not the least bit bothered by posters who scoff at my approach; I just do what works for me. ;-)
I glean a lot of information from certain bulletin board posters who helpfully share valuable details, and I am very grateful to them for doing so. I hope my own contributions are sometimes useful in return.
Location | Powys, UK |
Style de Trading | Momentum |
Instruments Traded | Stocks |
Markets Traded | LSE |
Age | 75 years |
Occupation | retired |
Work Place | home |
Interests | Arts & crafts, plants, buildings, design, coast, carpentry |
Favorite Quote | Those who were seen dancing were thought to be insane by those who could not hear the music. (Friedrich Nietzsche) |
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