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Re: manshoon1 post# 36473

Tuesday, 01/10/2012 9:58:50 PM

Tuesday, January 10, 2012 9:58:50 PM

Post# of 278632
RE:"as long as it runs up, and when I sell, I could care less what happens afterwards. "

That, as you very well know, is only true if you do not return to trade the same stock again.

When a trader is trading the same stock again and again, he/she wants very much for the SP to drop after he sells and to continue to drop until he/she buys again. Then he/she wants very much for the SP to rise until he/she sells again. Repeat until the SP gets too stable and then move on.

Since you've been in KBLB so long and since you promote trading I have to assume that you've moved in and out a number of times. In which case your remark is flat wrong and you know it.

Traders are always saying that they don't care what the SP does. Which IMHO is clearly utter BS since they make money one way and lose it the other. Or are we supposed to believe that they just don't care whether they make money or not?
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