InvestorsHub Logo
Followers 46
Posts 8077
Boards Moderated 3
Alias Born 12/16/2001

Re: Baja33 post# 100

Tuesday, 04/02/2002 11:36:51 PM

Tuesday, April 02, 2002 11:36:51 PM

Post# of 228
Not to be argumentative, Baja, but ... with regard to: "Never again will I make the same silly mistakes" Don't be too hard on yourself.

Obviously, I don't know specifically what mistakes you mean, but, since we're talking about stocks and you mentioned the dot.bomb, you are probably referring to holding when you "should have" sold. I don't think it was all that easy! I sold some of my greatest winners in December '99 and January-February 2000. You wouldn't believe how foolish I felt. One of them that I bought at 5 and sold at 111, traded at 220 less than a month after I sold. It made me want to crawl into a hole. By April, of course, my embarrassment was assuaged, but that's not the point. The point is that it is EXTREMELY difficult to be "wise" under such circumstances. I'd never have been able to do it if I hadn't had a pressing need that was much stronger than my need to "get rich".

Over the past year, I've tried to learn to trade. I haven't found it very easy. I'm down. I haven't lost a lot, but, by now, I should be up ... and I ain't. I'll learn how to do it, but it isn't real simple for a lay investor.

Darn. I hope this nonsense doesn't sound condescending. I had a few moments, and what you said caught my attention, so I started running my mouth. I'm sorry.

As far as GMGC is concerned, I think Pez has it right: "Oh, the pain!"

Fred


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.