Needless to say I learned some important lessons.

1. Sell at the top. Markets don't just go up forever in a line. Cash out when you maek it. If you miss some gains it's better than holding the bag for too long.

2. There isn't always a good move on the board at a given time. Sometimes doing nothing is your best choice. Cash is trash except when the sky is falling and you're not exactly sure about how to time your short. You can't expect to always make a big jump after big jump so don't do anything if it's not obvious.

3. Buy and hold only works when you get in on the ground floor. If you're early to the party you can watch it fluctuate after a big gain. If you show up late to the party, you gotta watch it like a hawk. If it looks dicey, pull out right away.

4. The power of compounding interest is real. Be fearful when you're at the top of the the market. It's okay to lower your risk and be defensive. If I had cashed out at the top and lowered my risk I would have more money today. Then I could have bought back in after a crash.

I'm gonna cum back to this list in the future to remind myself of these new rules for life.

(https://xoxohth.com/thread.php?thread_id=5921341&forum_id=2#50250508)