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RE: Time to Learn Short Selling

in LeoFinance5 years ago

I am guessing that I should be keeping some cash on hand in case an opportunity arises. I was just talking to my wife about my unwillingness to sell anything out of fear. I figure, if I don't need it now, I will hold, but that means that if I need it and it is down, I have to sell low and, I don't have anything spare to buy with. I have struggled with balance a lot in many ways and my portfolio is only crypto. I don't even know where to begin with "real" stocks.

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You should always keep some cash in hand.

I typically don't have that problem. As a trader, most days I go to bed 'flat'. Meaning mostly on cash with all my trading positions.

I do have investment positions that I haven't touched in years and I add to it. But generally speaking my market risk is fairly low.

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What would you have to qualify to keep something in a long term position. Are they company stocks or resources like gold?

BTC for example. I never sold any BTC. Hopefully never will.

Also AAPL, NVDA, AMZN etc.