Buying in a panic lessons learned

Discussion in 'Trading' started by Port1385, Jul 23, 2008.

  1. .

    EVER? you weren't in larger size back when your account was 20+ times bigger years and years ago?

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=126504
     
    #21     Jul 25, 2008
  2. Once again you CONTRADICT yourself.

    Which one is it, Genius?
    "Bubble-Land" and plenty of room to fall, or 75% done?
    :D
     
    #22     Jul 26, 2008
  3. Im looking at two stocks that I think might reach disgusting lows that will be great deep value buying opportunities. These stocks are trading like Yahoo did in year 2000. When Yahoo got to 4 and change in 2002 it was a great buy. It will be no different for LM and USG.

    It looks like AMR is at a good buying point right now if you can stand the fact of being in a stock that may go to zero.

    I think both will get into the single digits and thats where I will make my buy.

    [​IMG]

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    #23     Jul 27, 2008
  4. He will simply fade any type of move as he argues it went 'too far'. Simply fades it and once he's underwater he will just average into a losing position. This is one of those strategies that works great until it doesn't and suddenly 90% of the account is gone :cool:
     
    #24     Jul 27, 2008
  5. everyone in WI is ugly, not just a few guys.
     
    #25     Jul 27, 2008
  6. bighog

    bighog Guest

    #26     Jul 27, 2008