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Forum - Wall Street Pit    Stock Due Diligence for All

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From: PornStarTrader (Rep: 1634) reply to stufmuffinDate: 07/20/2011 01:44
Forum: Wall Street Pit - Msg #2156467Thread #673261712 (Rec: 0)
Re: i would appreciate any suggestions folks have on how they manage 8 or mor...

Thanks,careful I pick a few dogs now and then. I always leave myself enough room to average down if I believe the story has not changed fundamentally. I considered posting here much less since managing positions in public is not the same as managing them in real-time as part of managing a whole account. I will try to remember this place is really about sharing ideas.
There are plenty of good honest traders here. I appreciate that they continue to post. I got tired of a few posters hijacking the forum and nothing done about it. So, I asked myself why I even post at all. I know my postions will do what thy are going to do regardless of if I post the idea anywhere or not. The news and Institutions move them. They (the stocks) do what they are going to do, with or without me.
Posts like the one you just posted make me remember maybe 12 or 13 years ago I was once tracking someone elses ideas who fit my style on another forum. He disappered, probably now running money for a Institution. But I know he would be shocked now to know he changed my life.

Not sure if you ever seen this old video of a Legendary Trader. But its worth a watch. Best video ever made about Trading. Even though it's maybe 25 years old things are still the same. The most important words I remember from it are how he says the best Traders always "feel their losses and remember them, and remember the wins much less'" or something to that effect.

"Buy Fear and Sell Euphoria" "Price is the Ultimate EQUALIZER"

Reply to stufmuffin - Msg #2156464 - 07/20/2011 01:02

Re: i would appreciate any suggestions folks have on how they manage 8 or mor...

thanks for your response. i have watched you for a LONG time on this forum (just signed up for an account so I can post).

you are the bomb man, seriously. i hope you continue to post here for a long time. you are one of the few that has the same trading style as myself.
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