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Alias Born | 11/10/2008 |
Thursday, July 27, 2017 5:45:39 PM
We all talk of longs and shorts. BOTH are necessary for this market to work. Which ever your bend is, it still mandates characteristics of an individual that most here do not have: patience, a strong sense of when to buy and when to sell and most importantly YOU MUST KNOW you have no control over events that govern day to day activities of any company you invest in. DD is homework NOT a trading tool!
You will only succeed here (profit) if you have command over those characteristics. You must be in the game day in and day out. It is not a matter of being "lucky" to be in the right place and time and 'happen' to do the right thing to profit. YOU MUST MAKE IT HAPPEN!
HAON offers a great learning tool. You can not TRUST the management to work for your interests. YOU must SEE for yourself. YOU must take appropriate actions given what you need to know at the very instant you have to make a decision. YOU must be responsible for your gain if there is one to be made.
I am NOT talking from a position of "know it all". Rather, I have learned to make decisions for myself and not depend on others to do it for me. Win or lose, it is MY call. My responsibility.
In regards to HAON, I have determined to invest heavily. Confidence here is high today. Tomorrow? I trade HAON shares according to my strength of the above characteristics and how well I defend against all of the opposing factors playing you for a fool (emotions are a VERY big factor).
Don't take my word for it. Try it. Hope you are one of those that understand what I have said here and can actually make it work for you.
I'm trying. It won't be easy. I am just beginning.
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