It’s only Wednesday and the markets have been quite interesting as always-
I have swing traded #HL, #MUX, #EMX, #BRG, and #BRT- Nice 1-2% returns.
The intraday volatility is definitely not normal. For #MUX, I bought it -2%, then sold at -1%. Then it went down again to -2% and then I sold it again at -1%….This happened within 3 hrs…definitely not normal.
I am thankful for the profits but this is not normal. Another reason, why I am not adding too much to my stocks.
Still swing trading. I added a bit to #HL and #BRT but otherwise, just swing trading.
I don’t like day trading because it takes my concentration away from research but…when there is money to be made, we play the game…
Anyway, this madness will stop once the stocks crash. Then there will be less volatility and I will go back to buy and hold after I buy at the dip (hopefully…).
I am 40% cash- The crash may not happen any time soon but better be safe then sorry-
I am also putting more money into peer-to-peer lending (prosper) for diversification.
Not sure what will happen tomorrow or next week but will be conservative and have lots of cash-
Thank You Jesus for all Your love and mercy Amen-
Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.
1 Thessalonians 5: 16-18