Cutting losses is for losers

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Quote from Speakingout:

Cutting Losses is an intergral part of trading...even investing...william o neil has a 8% cut off rule

I disagree with this rule...the majority of my initial 8% losers have come back as 15% winners while outpacing the market during the time frame I held them.
 
EVERY thread on Elite has been contaminated with this worthless Mr. Boar's Head babble. Soon nobody will read any of the valuable posts because Mr. HairBall scared em away.
PLEASE charge to be a member.
 
Quote from bobcathy1:



hmmm...is this directed at me or Mr.Market?
Because I am female. I never went to college or have any kids? And there was so much fuss made I took a look.......Cathy :confused: :confused:

I don't know who you are. I just know that you're making an ass of yourself by what you said.

Maybe it's funny for a day or two. But the same BS over and over for months. You have a warped sense of humor.
 
Quote from Roger Hershey:

First, DGabriel makes a good point (as much as I hate to admit that) "Mr. Market is proof that a bull move will give a monkey with some longs the delusion that he has conquered the markets."

Now I will show why. Mr market recommends COH @ 51, he says it's going to 59. Well mr market, I bet I understand things alittle better than you. I say it goes to 45 before it goes to 57 (both are 6 points away). So it's a bet.

If I am right and COH goes to 45 first, you come to this board and admit your mistake, for a change. Then you truthfully explain about how you hold onto all your losing positions, and never discuss those on this board in depth. You talk about how they would halt any so called winning streak you love to brag about. If you have an education, you understand this, and will do this.

AAA, you think this is funny? Not really, the fact that they let this stay here, but ran off Johnny Rotten, shows someone is missing a good sense of humor. There's a huge class difference.

And this guy, who's pretending to be a Wharton grad called Ernie, is not close to JR's league.


COH is now at 52.50.....who's the man now?
 
Quote from mrmarket:




COH is now at 52.50.....who's the man now?



HOW MANY SHARES???????:confused: :confused:

Right now you could be up $1000!!!...or up $100. ( yawn) not including commission...
 
Quote from TM_Direct:





HOW MANY SHARES???????:confused: :confused:

Right now you could be up $1000!!!...or up $100. ( yawn) not including commission...

You have to wonder if he trades stock (assuming he actually does buy and sell stocks) at a full service brokerage firm, or a full service delicatessen who also fills his massive meat and cheese orders.
 
Quote from mrmarket:




COH is now at 52.50.....who's the man now?

You're the 1st person in history to brag about a LOSS! You bought COH at $53. How pathetic!
 
Quote from Romeo:



You're the 1st person in history to brag about a LOSS! You bought COH at $53. How pathetic!

no..I bought it at $51.49..get your facts straight.
 
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