That's just part of being a buy and hold investor. You never stop out,you just sit through the pain of a massive reduction in your liquid assets. Unless like I say you're FORCED to sell for some reason.
No one on this Forum should be a Buy n Hold investor. Everyone here can at least stick a 20, 50 or 200 SMA on a Chart, at the very least.
You guys, you need to understand that when I give a worst case scenario its not the plan, its a worst case scenario. Clearly if you are buying at the top of a rally you need to rethink your life lol.
No I'm not advocating dollar cost averaging. You guys are so clueless about TA that you can't fathom having the confidence to pull off a swing trade. Instead you cling to stops. EVERY position you take will end up in the red...nobody ever gets the bottom lol...the trick is getting near the bottom and averaging down hopefully a few times.
Point taken, but stick a 20 SMA on the SPX for the past 6 months and notice the Support it seems to provide. There is a bit more to it than I think you realize. Anything similar even if it whipsawa you occasionally is better than Buy n Hold and riding down a Correction or Crash.
Perfect example of something that is un-tradeable if you aren't prepared to go stopless and think long term with averaging down.
I'll stick my Neck on the Block even further. Thinking from a Fundamental perspective, I don't think we've found a Bottom yet, just Deadcat bounces. But that's for another Thread.
Yes it is. https://community.swingcharts.com/t/spx/45 I'm not trading SPX but always good to know what the market as a whole is doing.