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Re: mdimport post# 157484

Friday, 02/15/2019 7:44:23 PM

Friday, February 15, 2019 7:44:23 PM

Post# of 183615
I agree with all except your first paragraph, there is an inherent (some studies say innate) human trait that most traders/gamblers never learn to control, GREED. Needless to say there are only a very few who buy the top of a run as well as very few who buy the bottom. With the exception of the top 5% of buyers, 95% of the shares/shareholders WERE green and profitable but the greed takes control. The greed presents itself in two forms, one is the hype of $$$$$ which inhibits the trader from selling despite small to enormous profits; the second form of greed is psychologically more complex which inhibits the trader’s ability to quit/sell for a small loss which EVERY disciplined trader will do because 99.99% of the time he can buy back in cheaper if he desires so. Except for the 5% top end buyers, there is no one who can honestly say that they were not green or did not have a chance to sell at a profit. Herein lies another inherent human trait, BLAME,!!!
Canalytix