Humph... you are 110% correct! I was an emotional trader in those days...and not a particularly good one, either. I believed the hype and BS just as much as everyone else. But I can honestly say that I learned from those experiences a very long time ago. If I hadn't, I'd be longgggggggg dead...lol
You make a particularly good point, Hump... if indeed you are holding stock you bought in the .20's, .30's or higher (10 years ago almost), you are taking full advantage of "dollar cost averaging" in precisely the correct way. You are simply trying to "average down" your total cost of entry since day one.
My reasoning behind some earlier posts on this board today was that I was pointing out a fundamental trading flaw by those on here who are lucky enough NOT to have bought 9 to 10 years ago...and who have HAD the opportunity to buy in for the first time at 0.065 - 0.085 "not once but TWICE" over the past few months ------ but who either DIDN'T because they were afraid to take action for fear of loss or because they were motivated by greed and wanted to believe that the stock might fall even lower and therefore allow them to get filled at an even better level.
Threw-er-back has been in an inspiration on this board. His optimism is boundless. His enthusiasm unparalleled. But I just question his trading strategy a little bit. I mean well with all my posts and take no offence myself when the error of my own "youthful trading arrogance" from years ago is raised on this board.
We can all learn from each other :)
