07-17-2021, 08:21 AM
I've sold out of most of my stocks the last couple days.
<!-- SC_OFF --><div class="md"><p>Hey, your father here speaking. Down about 9k combined accounts of about 200k just this past month. I own many different stocks in different sectors. I didn't lose money, just about what I was up - I knew in my gut when I was up 11k last month to sell more... but of course I didn't thinking "I will just hold cuz it will keep going up" ... hah!</p> <p>By the way, this was my first losing month in about a 1 year. So that tells me something bad is coming. I have sold most of my positions and am gonna wait for a cheaper market. There are mixed opinions on this, but my 10 years of trading tell me that massive unloading is coming.</p> <p>Cheers!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/onlyfacts_nofans"> /u/onlyfacts_nofans </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/olomfv/ive_sold_out_of_most_of_my_stocks_the_last_couple/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/olomfv/ive_sold_out_of_most_of_my_stocks_the_last_couple/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hey, your father here speaking. Down about 9k combined accounts of about 200k just this past month. I own many different stocks in different sectors. I didn't lose money, just about what I was up - I knew in my gut when I was up 11k last month to sell more... but of course I didn't thinking "I will just hold cuz it will keep going up" ... hah!</p> <p>By the way, this was my first losing month in about a 1 year. So that tells me something bad is coming. I have sold most of my positions and am gonna wait for a cheaper market. There are mixed opinions on this, but my 10 years of trading tell me that massive unloading is coming.</p> <p>Cheers!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/onlyfacts_nofans"> /u/onlyfacts_nofans </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/olomfv/ive_sold_out_of_most_of_my_stocks_the_last_couple/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/olomfv/ive_sold_out_of_most_of_my_stocks_the_last_couple/">[comments]</a></span>Kind Regards R