Cutting losses - not the best idea

Discussion in 'Trading' started by mrmarket, Oct 30, 2003.

  1. Most money managers are ecstatic if they can average a 15% annual return. I made 15% in 3 weeks. How is that too long?
     
    #131     Nov 24, 2003
  2. What percentage of your capital is this 15% based on? Are you
    telling us that you go all in with everything you've got?

    I don't believe money managers get ecstatic as you say with
    capping a profit at 15% per stock. Why do you cap your profit
    at this level?
     
    #132     Nov 24, 2003
  3. bring on the carne y queso!!:cool: :cool: :cool:
     
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    #133     Nov 24, 2003
  4. gms

    gms

    Most portfolio managers may be decribed as desirious of outperforming their respective benchmark index.

    Most traders are not happy with that kind of return.
     
    #134     Nov 24, 2003
  5. What kind of annual return, over a 10 year period, makes them happy?
     
    #135     Nov 24, 2003
  6. pspr

    pspr

    LOL, GreenDog!!!!!! That one belongs in the "Hall of The Infamous"
     
    #136     Nov 24, 2003
  7. Romeo

    Romeo

    "other"?? You are NOT a money manager. You already proclaimed your lack of desire for such things. I believe the phrase was, "I find other ways of self fulfillment."

    DON'T compare your hairy self to ANY money managers. They have AUDITS, you have LIES.

    Did Wharton teach you the difference? An audit is a piece of paper that shows an unbiased opinion of your returns. A lie is "53 consecutive winners in a row of 15% or more".

    I don't even know why i'm talking to you. You didn't go to a top 10 college or a top 5 private high school, so you are inferior to me.
     
    #137     Nov 24, 2003
  8. Ken_DTU

    Ken_DTU

    Can we see a screencap of your brokerage record proving the actual trades you're claiming to have made, and your other yahoo claims?

    ah ok I didn't think so.


    As I said earlier, I *really* hope that ET doesn't become a haven for yahoo message board posters. Really.



    from the skeptics' corner,

    ken
     
    #138     Nov 24, 2003
  9. All of my trades are posted in real time and time stamped on the internet. Don't you think that with all of the eyeballs reading these posts that someone would step up and say, "Hey..$$$MR. MARKET$$$ said he paid $40 for a stock but he actually paid $60? He didn't make money, he lost money."

    I boldly post my stock picks when I make them for all of you to read. You stand here, tomatos in hand, with your arms cocked waiting for my picks to falter...

    But guess what? I have 43 consecutive profitable trades of 15% or better. I don't pick bad stocks. Are your arms getting tired yet??

    I am HUGE!!!
     
    #139     Nov 24, 2003
  10. nkhoi

    nkhoi

    your humor is wicked, rofl :D
     
    #140     Nov 24, 2003