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Replies to #36593 on Monk's Den
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TraderRich

02/27/09 5:30 PM

#36596 RE: Monk #36593

Yeah, I have that effect on people sometimes. I think you know in the realm of the markets that the desire to hold a "positive" skew on things can be detrimental to the thickness of one's wallet, so my goal is to view things from as neutral a perspective as I can put myself in and call it like I see it. I lost a lot of money maintaining a positive attitude while my investments sank when I first got into this business. I don't do that anymore.

The nice thing about the markets...and being a trader... is that it doesn't matter if the market goes up or down. It only matters that I'm smart enough to know which way it's going long enough to profit from it. The OTC stocks are generally more news/rumor driven, as well as by momentum traders, so I tend to view them as their own fairly separate little world to play in.

:-)