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Ups and Downs.
Not all companies will do well all the time.

There will be ups and downs from time to time that are unique to each.

Key is to differentiate if it is long-term structural, or is more temporary.

Often the best returns come from holding through the former, than to trade them.

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Jeff Sanders's avatar
Jeff Sanders
@darthtraderApril 27
Good point and advice. Needed more discipline myself this week. Been a rough one for growth.
Joshua Simka's avatar
Joshua Simka
@tomatoApril 28
Cool artwork! Where is it from? I tried a reverse Google image search but no hits.
Eugene Ng's avatar
Eugene Ng
@eugenengApril 28Author
@tomato I used Midjourney to create it. The prompt was a rising chart of ups and downs painted by Salvador Dali.
Nathan Worden's avatar
Nathan Worden
@nathanwordenApril 29
@eugeneng Midjourney is popping up everywhere! I heard they're starting to introduce pricing plans.
Rihard Jarc's avatar
Rihard Jarc
@rihardjarcApril 28
Agree. When you sell and hope to buy again you have to be "right" two times. When you just hold it's just one time.
Eugene Ng's avatar
Eugene Ng
@eugenengApril 28Author
@rihardjarc actually it’s three times, cos you have to buy it back again for it to be comparable to a still long position.
Rihard Jarc's avatar
Rihard Jarc
@rihardjarcMay 5
@eugeneng Yeah 3 or 2 times depends how you look at the initial move when you bought it.
Eugene Ng's avatar
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