Well alan0701 I guess its time we set the record straight.
You make it sound like I made you buy stocks and then sell them but we both know that alan does what alan wants to do.
You admit you are reckless and like to take chances well I must agree with you because it is certainly evident in your actions since you enter stocks like a bull moose in a china factory and you exit the same way.
As to CDIV I didn’t tell you to buy over a million shares, that was your decision and your action. What I did advise you to do then knowing you were heavy in CDIV and I might add you were up a substantial amount was to take some off the table and put that into the other FLD’s. The operative word here is some not all to reduce your risk and that my friend is just good money management.
But you held, you got greedy and when the stock started doing its retracement you panicked as you always do and you sold.
You then took that money and began pouring it all into EIGH and once again when that didn’t work for you….you sold your whole position and not at my direction.
In order for someone to be a mentor implies that one must have a student, one that listens, learns and benefits from the teachings and actions of his mentor. Since it was evident that you were not a good listener, nor were you a good student you didn’t learn much if anything at all.
The money you say your broker lost you has been made back several times and yet you keep loosing it what does that tell you?
You say you got within $63,000.00 of being a millionaire….you neglected to mention who helped you get to that point or did you do that all by yourself?
You didn’t mention you skip all around the boards listen to whomever and jump from one stock to another because you just don’t know any better. That in most cases you jump in and get turned upside down, then panic, sell and jump into the next one and anyone who has been trading for a while will tell you that is the fastest way to loose money on the market.
You pride yourself in being able to use people to your own ends and then you have the audacity to use that against them. Your post was very disjointed and didn’t make much sense but hey you were asking for redemption and Monks Den is very quick to forgive and forget.
You sent me several emails one to say I was not welcome to the Atlanta Monkinar and shouldn’t show up. Then once that didn’t work you said I would probably shun you or spit in your face and I sent you a reply saying why would I do that?
At the end of the day we are all accountable for our own actions. That means you as well alan I do not fault you for doing what you do but I do feel sorry for you. I hope you learn something at the Monkinar, I hope you learn how to make money and keep it so you won’t have to go though the hell you are putting yourself through that will one day end up loosing everything you have because that is the path you are on. I tried helping you but when you don’t listen and you make your own choices then you have to live with those choices so please don’t try and put them on others other than yourself.
So with that said lets talk about me…yes I attended the Richmond Monkinar. I also stated while everyone was talking about their hopeless stocks that I didn’t own any. I also stated that I held two positions in stocks that I felt had potential worthy of holding for any period of time. One position was a holding position and the other was a trading position that I traded in order to build my holding position. There were a few that joked that I flipped stocks and it was funny at that time. Now they are taking what I said totally out of the context in which it was presented.
Have I sold any of the FLD’s certainly….I have several accounts and I do move some of the stock from one account into another. In order to do so I sell from one account to another through the market…its much faster than ordering certificates and having to send them from one broker to another. I have sold stock in order to fill/fix a gap only to buy back what I sold afterwards….that process costs money but to keep a chart healthy is worth it in my book.
Have I taken profits? Yes but not in the amount people think. I own and hold stock in all of the FLD’s and I am still developing positions in ALL of them. If and when I do take profits I move it right into another of the FLD’s in a manner that does not effect the movement of those stocks….unless its to fill a gap as mentioned above.
I do pride myself in being able to swing trade effectively, buying low and then taking profits when they are presented. I develop positions in small chunks and exit the same way never selling on the bid. In other words what I do does not affect the market and I am able to do so quietly and silently.
I do day trade and have done so for many years successfully and I might add I do flip stocks when I do day trade…but then those are not FLD’s .
The only thing I see wrong is that some people don’t like the idea that I make money and for that I do apologize.
It is my wish that everyone learns to trade well and that they make bank in that process.
Those who know me know that….I give instruction to anyone seeking it, I have nothing to hide nor do I feel wrong in what I do.
I made a commitment to the Den and to Jerry when I became a part of it. It is not my objective to hurt, take advantage of or mislead anyone.
I don’t need to…..I can make all the money I need all by myself without the FLD’s for that matter…..so why would I want to hurt a great bunch of people who only want to get ahead in life?
