Bullish On Opti
Q: My experience has been most of the people throwing insults around really aren't making all that much money. Timing is an illusion and pretty much pure luck. Although the obvious things present themselves to all of us. Actually, I consider myself a trader more than a day trader per say. As I've stated before I only trade stocks that I would invest in. Charts are only one tool of the tools I use. Back in October what I really thought was damn I'm glad I've been easing in. I think I've mentioned it here and elsewhere that I easily would have been into many of these stocks at higher prices. The reason I'm actively day trading at the moment is to recover losses from earlier in the year, once I'm there then my strategy will change again. If someone asks what I'm doing than I'll share if I can. It's not about bragging and I've been more than clear about the dangers of doing it.
A: Im in the same boat Adam. I lost almost 80% of an investment in a very dangerous Oil ETF. Ever since then, ive been trying to recoup those damages. And I'm nearly there, but even still, Im the most Ameteur person on this website there there is and i know it. Im actually really proud of some of the posts that have gone up here tho. There are some losers but theres losers everywhere..look at the RIM page and others. You guys have been great for logical debate and providing some key information. Thanks for that. I gave up on the RIM board around December when all the Apple fanboys got to me. Without even looking at it I'm sure they're saying it will be back into the $40's soon. With the Palm Pre coming out I think Apple has more to worry about than RIM. Those are two of the most heavily day traded stocks. LOL, hey WILL3, that etf wouldnt have been HOU would it! Almost lost my shirt on that one, it is sooooo dangerous, have to watch it like a hawk almost on a minute by minute basis. My broker made the recomendation, if I had listened to his advice alone would be down about 90%. Made me realize, you have to have your ears and eyes open all the time, get as much advice from every source, then make your own opinion, after all it is your money.
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