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Buy At A Low, Sell At A High, Then Repeat
By The Bedokian Portfolio  •  May 4, 2023
Buy low, sell high, make a profit, then repeat. This is a given. However, a couple of people whom I know had given the recommendation of doing this to the counters which I had planned to hold for the long term. The proposition is simple: let’s take Apple shares for example. Assuming my entry price was USD 100 way back and knowing the Federal Reserve would likely raise interest rates in 2022 (and cause markets to go down), I would sell it at, say, USD 160 at around end January 2022. Then, when the market goes down in June 2022, I would scoop them up at USD 140 and hold them, until the rally in August 2022, where I would sell them again at USD 170. Again, I will buy in at USD 140 sometime in November 2022. In all, I will have a realised gain of USD 90 [(160 – 100) + (170 – 140)] per share, instead of just holding it and gaining nothing without selling....
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By The Bedokian Portfolio
My first encounter with the financial markets started in the aftermath of the 2008/2009 Global Financial Crisis. Before this, I had no notion of what investment and trading were, although I had learned about economics, business management and accounting back in my university studies. I was a trader when I first started, albeit an amateurish one, and trading was just a side hobby of mine ...
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