andyoz
pfm Member
So a second mate in the last week has messaged saying they might just sell up.
Both these lads thought I was a bit weird trimming positions 6 months ago and sitting on cash. Their argument was that there is "Loads of liquidity in the markets so why sell, it's the time to Buy?". I half bought into that myself so didn't trim enough.
One lad was nearly 60% up on POLY a few months back and I was saying for Gods sake sell. He was holding on for 100%+...might still happen but he's had enough and is now well down...
Market Sentiment is a powerful thing...liquidity or not
Both these lads thought I was a bit weird trimming positions 6 months ago and sitting on cash. Their argument was that there is "Loads of liquidity in the markets so why sell, it's the time to Buy?". I half bought into that myself so didn't trim enough.
One lad was nearly 60% up on POLY a few months back and I was saying for Gods sake sell. He was holding on for 100%+...might still happen but he's had enough and is now well down...
Market Sentiment is a powerful thing...liquidity or not