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Sunday, November 11, 2018 4:09:11 PM
"I was screwed once"
Translation:
My entry point was not made with the level of expertise I wish it was, and my personal strategy was flawed, and my lack of discipline and patience in establishing my entry and exit points led to a loss, which I am holding them personally responsible for.
You're (I assume) an adult, and responsible for your trades.
One could say the very same about GLD if they purchased at the higher ranges the past 2 years (instead of patiently waiting for more reasonable entry points...which can be a month, or 6....or 9.....)
The same could be said for TRTC as well with years ago people buying a company with an herb farm for a post split equivalent of $18 a share.......
That's not the company's fault they bought a company with nothing to speak of for an outrageously high price.
Note: It's my personal opinion stated many times TRTC truly had nothing to speak of until pre Nevada launch, Last July....although I did play the early 16' run and then shorted the late 16' drop, which I rarely do (short). I'm a long by nature. The only other short I can think of being the one that recently hit 300, which was an easy call lol.
Not enough personal responsibility in America anymore.....everything is someone else's fault...everyone is a victim of another (but not their own decisions)
I don't think I have ever seen once, on this entire site, ever, someone state the above.....(I messed up my entry point, and didn't have the discipline and patience to exit and wait for a better one, and took an unnecessary loss )..
I'm sorry you took a loss. Sincerely. As I am for anyone who does, ever, on anything. I'm not one of the "dance with glee at others misfortune" crew....but you are responsible for your actions, and only you.
Facts: Both companies are at a low, with the greatest positioning either have ever experienced to date, (and continuing at a rapid pace), entering a merger easily establishing a value many times greater than both combined...
I'm an ops guys. I don't care if anyone buys, sells, shorts...I always make my money...(on both, and probably bought and sold around 8-10MM GLD since last Sept...and much more TRTC the past couple years) but I find all the nonsense about creating such an impressive (and valuable) group of holdings as somehow unwise utterly ridiculous.....(especially at a time when both at a low...)
The absolute most best wishes to all (sincerely) and hope all position moving forward as they see most wise.
We're adults. Professionals. And this is business.
It's too personal to be business.
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