Congratulations on your overall track-record so far. Long may it continue. Unlike you I do 'mind losing', but I never invest what I can't afford to lose. Very different points. Actually, I don't 'mind' losing if the loss was incurred for a justifiable risk that went wrong. In my experience, not only can you NOT win them all, but you can exacerbate your losses by trying to win them all. If you win more times than you lose and if the average scale of win is greater than the average scale of loss - then you are way ahead of the market. IMO.
So it is not the loss that I made on LWP that haunts me. It is the feeling of being 'had'. Human nature being what it is, this will be with me long after I forget the dollars and cents involved with my LWP foray. It is why I feel obliged to do my bit to help others avoid being had too. Or at least keep being had. It is why this is the only former investment that I keep revisiting. I will do so until the day I can say "Management. Meet karma."
GLTA.
LWP Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
