Northern Dynasty Minerals Ltd (NAK)

[daveblanchard]

My original plan was to do absolutely no trading at all until this week or later, because I already knew what was coming. Being in the market at all right now is me making the #1 mistake of not following my original plan. Then I got distracted and lost track of time, and didn't remember until Friday, oh yeah, Monday starts the week before the election, isn't there supposed to be some major serious volatility that is imminent? So shouldn't I take my gains now and be ready? But I listened to the oh so wise and experienced smart ass, who made me second guess myself.

Listening to the guy who told me to hold tight at .98 would have been a third mistake, but I dodged that bullet, or so I thought; the bottom fell out the next morning and my trade did not execute. And listening to your cautious approach now would have been another mistake, could I at this point allow it to happen--with all respect to you, sir.

I don't begrudge a 12% loss and don't think of it at all. That's a cheap price to pay for a valuable lesson learned.

You are starting with what, a $50k bankroll? Must be nice. I have $500 in this and other ventures. I don't have the luxury of just sitting back and waiting for a rise. There is only one shot at this. I have to gain the maximum advantage from these many years of study and research. And I'm always learning, 24/7. Would you pay $40 for the lesson I just learned? I did, and I consider it a bargain price.