Retail investor: I feel like I have to trade every week or I'm falling behind.


Me: You know the best part about the market? There are no called strikes.
Retail investor: ...what do you mean?
Me: It's like baseball where you can stand at the plate ALL DAY & never swing. Mr. Market throws you a thousand pitches... you don't have to swing at ANY of them.
Retail investor: So skipping trades doesn't cost me anything?
Me: That's the key thing... you only lose when you swing at garbage. I say no to 95% of what gets thrown at me & wait for the ball straight down the middle.
Retail investor: & when that great pitch comes?
Me: THAT'S when I load up. Buy shares. Sell portfolio secured puts. Buy LEAP calls.
FEW GET THIS...
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned