I put on some VTI with a 5% trailing stop today. Is that stupid?


I through $2500 in VTI today since I believe we're maybe gonna rally a little till December 31st or whatever….. Maybe February 2023…

So I'm using some of my cash I have in my portfolio. Right now I'm at about 25% cash and said heck I'll throw some in for a while.

So I want to.throw $10k in VTI and figure I'll do it in 4 installments especially in that we've rallied quite a bit so far.

So today I threw in $2500 with a 5% trailing stop but maybe that's dumb?

The reason is that I kind of WANT it to fall maybe that much and then throw in another $2500 next week.

So I'm basically adding on down days.

I realize with $10k it doesn't matter much but to me even an extra $50 is something just for the idea of it.

So maybe I should just remove the stop?

I'm not much of a stop guy. I think they're kind of dumb since markets usually recover and if things like VTI fall 5% I should be thinking of ADDING not selling!

Good luck Comrades!
Let's get this done!


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