I screwed up
"Damnit!," you say to yourself, "Never again!" And then the next time the market presents you with the same exact situation -- not similar, the same (setup and pattern) -- you stop out, pat yourself on your back for your decisiveness... and then watch in horror as the stock fails to crumble, and instead soars.
Which is precisely what I did this week, and it is a doozy. I sold (stopped out) 100% of a Core Opportunity, as the shares breached my line in the sand and before the decline worsened. Or so I thought.
This post continues on Investment Poetry. See you there.
--David M Gordon / The Deipnosophist
Labels: Market analyses