InvestorsHub Logo
Followers 1
Posts 82
Boards Moderated 0
Alias Born 07/10/2004

Re: elena_murooni post# 25549

Thursday, 06/08/2006 12:00:40 AM

Thursday, June 08, 2006 12:00:40 AM

Post# of 111150
Glad MACD is working for you. I'm virtually handcuffed by my firm's trading restrictions when it comes to using TA. Funny story for you. I've been warning people in my group that we were heading lower. From February on, I advised them to decrease their equity exposure. They pretty much ignored me as their funds rallied from March to early May. Then once they had a couple bad days in May, they liquidated most of their holdings. Now, both of them are sitting on double digit gains for year and have missed out on the 5-10% decline that would have occurred otherwise. In comparison, I'm sitting on a 5% gain. My point? The people you advise almost always achieve better results than you because people like us act early. I have no doubt that I'll open positions too early in the decline. Unfortunately that's a risk I have to take given that I am forced to execute at closing prices and have a host of holding restrictions.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.