Fluctuations in currency between CAD and USD played a big factor in my Visa play. If currency stayed at the same level, I would have sold out at $475 gain. But with conversion it was only $80 in profits after commissions. So I stuck it out with holding for a little bit. Thursday alone, Visa dropped $3.20 basis points… back to the exact amount I had bought into a while back. Sad reality is just a waiting game.
The market see no bounds. It will take a sharp turn in an instant. Buyers jump in at the right opportunity, sellers trigger massive fear of a downfall. Get the timing spot on, you will be laughing to the bank.
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