$heff's $tation of $tocks & $olid DD

[$heff]

OT:..feeling like an idiot is when you don't own up to your losses and act like you never make bad trades! Posting only the great gains and no losses. There are many people who do that on IHUB & Twitter. The traders you respect are the ones that post their good & bad trades. Not the ones who show up on gains (maybe posting) and are silent on huge losses (never admitting). I learn from peoples' mistakes more than their gains sometimes. It is always good to see both sides of a trade to get better.

By the way..You are far from an idiot. Don't you remember my posting of my $51K loss on EXEL last year. Talk about feeling like an idiot!! I do at least 1-3 boneheads trades per year. We all do. Live and Learn!! No need for the self-beatdown. You have many out there who can do it for you without you doing it to yourself.

My advice..Just trade another stock. Maybe that one is not for you:) Some stocks just don't like me (EXEL) and I stay as far away from them as possible. ATRS is a hard stock to figure out and one reason that you put rules in place and don't fall in love with any stock. It is easier said than done though as breakups are hard to do. Thanks for the transparency and for sharing!

Sheff

Message in reply to:

$51,257 paper loss on ATRS. Decided to jump back in right after the FDA approved Otrexup. Live & learn; I've given back virtually everything I gained on my initial purchase from 2012 that I sold earlier this year. Anyone have any thoughts about the implosion of this stock on good news. I certainly feel like an idiot!