Chinese coffee giant's shares dive 76 per cent after COO accused of fabricating sales
- Thread starter themickey
- Start date
I followed your posts and your struggles for the last several years. You have come a long way!
I am forever stuck as a newbie, huge losses this year. Options are just way too complicated for this amateur.Fortunately I do have past gains to cushion this year's loss.
But as Buffett said: Only when the tide goes out do you discover who's been swimming naked. I am exposed as an amateur, not elite.
Regards,
It's been a very long journey. I'm at a level I only dreamt about years ago. I'm a totally different trader from even a year ago. But I'm grateful of being able to capitalize on all these market opportunities.
Why are you trading options? Options are much harder. I have had some of my largest gains from options but also some of the largest losses. Now, I focus exclusively on just stocks. Easier to make $. Plenty of liquidity. Lovin' it!
I hope this environment lasts for the next 5 years. I love the volatility. But if it slows down I'm OK too because I've traded through cycles of slow and fast volatility. Always be vigilant and adapatable.
@KCalhoun Are you still long? I only daytrade. So when I woke up this morning and it was halted with pending news. I said oh boy! I hope you are out of this thing. Be careful out there.