Quote:
Originally Posted by FMCoug
I've only been trading real money doing this since March ... so it's way too early to tell what the long run looks like. That said, the account in question is up about 40% in that time frame. So for me, it's worth it. But there is no question this is a high risk / high reward strategy. It's not something I would put a hight % of my net worth into, etc. It has to be done with pure risk capital.
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For what it is worth, I think your timing right now is pretty good. The market feels oversold. However, I personally wouldn't put any short term money on it. I am too old to play that short term game anymore. I am buying a few things now, but I don't plan on selling them for 3-5 years.