Simple's Green Room

[simplegreen]

GM charger and all..had that happen in my equity days on 2 occasions and you will notice I never post a live entry and its because of it.The way the story goes is this...a lot of folks made a lot of money back in my penny stock days by my "calls" and for that I am quite happy BUT...there was a penny stock called MMAM that had a pending deal with CVS and it started soaring...I took a position and a lot of others did also on my find and "call"...it hit what I felt a technical top and I closed for a $1400 profit which I also "called"..most stayed in thinking it was just getting started...I was waiting for retrace to get back in when news hit that CVS was cancelling their pending deal!Well..it became a massive falling knife situation and many traders lost their butts on it.I felt very responsible and angry with myself and that I had caused a lot of folks to get hurt by this "call" thing so I swore to myself that I would never post an entry again.If my entries turn out good then I'm fine with it...but if I "call" an ehtry and its bad then others may get hurt from my "call" and I would NOT be fine with that!
A similar situation happened on CHDT also...anyway...thats why I trade without making "calls".I just cant stand the thought of being wrong and others getting hurt because of it...been there..done that!
Safest and best thing is for all to gain technical skills and stand alone in their trading.I try to help traders to gain those skills so they can prosper on their own but no more "calls"!!