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Re: smartone post# 24391

Thursday, 08/20/2015 3:55:40 PM

Thursday, August 20, 2015 3:55:40 PM

Post# of 53416
It just seems inconsistent with your frequent practice of adding to an already losing position in the full expectation of the stock reversing to make your whole position well.

Seems like two contrasting tactics.

Can you visualize that you maybe should have added to an already heavily winning position?

Arithmetic: Doubling would have made the whole thing eventually (today) seem like 16 x instead of the 8x than another trader got.

(But he didn't double either.)

Edit: You know that I am so adverse to losing that I try hard to never go there as much as 10%. Only way I know to never go broke in this trading job.

Well, whatever. As I've repeated (maybe too often), each trader gets to do it his way. What if the government put in regulations as to how we could trade? Whew !!!!

Roy

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