XJO - Bear Posts only (Factors which might cause the markets to fall), page-16743

Newbie Howler - and a cause for celebration

Our inexperienced friend writes: "my TTT trade"

We well remember your TTT trade:



Many, quite understandably, would ask why is our inexperienced friend bragging about his newbie howler of a trade. After all he bought at $3.00 and it is now worth 19 cents representing a loss of 94%
Believe or not, my friends, this trade is actually quite an improvement on his usual trades, for instance,



In this famous "financials speak for themselves" trade, our inexperienced friend experienced a 100% write-off when his so-called investment went bust within weeks of this post.

As you can see my friends, our newbie hero has improved his loss rate from -100% to -94%.
He is losing money slower than ever.

And this is a cause for celebration