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AverageJoe

43,459 Posts.

1026

08/04/17

20:45

Post #: 23955621
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Originally posted by strauss ↑

ROFL but of course you are Martis

Im up 50,000,000% on my imaginary investment in Facebook stock, Zuckerberg owes me shares for some beers I shouted him back in college

If for once you could show some humility and realise you were wrong and have been wrong for so long perhaps youd see theres a lesson here to learn but I doubt you will

For others there is a lesson and its very simple

1. Regardless of your views the markets can stay irrational longer than you can stay solvent

2. Regardless of your views the market can and will do what it wants, you can either profit from it or not

3. Everyone makes mistakes but the real danger is ego forcing us to stubbornly stick to our incorrect views and calls, theres nothing wrong with being wrong, its staying wrong that will send you broke

4. Even if a move youve been so confidently expecting comes eventually being too early and having your timing wrong is as bad as having your price direction long short wrong due to missed opportunities of profit

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I just love those 2000% trades. Maybe he was buying Ganja stocks? Can't remember a short term gold stock recently making such expo rally. I know, it was actually leverage 100 times so a humble 20% return magnified.
2 Upvote

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