Discussion in 'Exchange Traded Funds (ETF)' started by Tropo, 23rd Jul, 2018.
Not All ETFs are Created Equal - Trading Game
i have MVW on my watch-list waiting for that inevitable dip
i currently hold VAS ( bought in 2011 ) and it has done fairly well ( locking in the index dividend gains )
“I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out.
Of all speculative blunders there are few greater than trying to average a losing game. Always sell what shows You a loss and keep what shows You a profit.
That was so obviously the wise thing to do and was so well known to me that even now I marvel at myself for doing the reverse.” - Reminiscences of a Stock Operator
obviously a futures trader , wheat will not stay salable for extended periods ( if you have to take delivery ) whereas cotton will be fit for sale over a much longer period .
but thanks for reminding me to keep an eye on NAM ( if i can get some a little bit lower ..... )
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