Cutting losses - not the best idea

[mrmarket]

Quote from version77:

3 weeks to make 4.5 points is ridiculous.... Too long to make
money... You should shoot for a point a day to keep the doctor
away...

Most money managers are ecstatic if they can average a 15% annual return. I made 15% in 3 weeks. How is that too long?

 

[version77]

Quote from mrmarket:



Most money managers are ecstatic if they can average a 15% annual return. I made 15% in 3 weeks. How is that too long?

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?

 

[GreenDog]

bring on the carne y queso!!

 

[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.

 

[mrmarket]

Quote from 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.

What kind of annual return, over a 10 year period, makes them happy?

 

[pspr]

Quote from GreenDog:

bring on the carne y queso!!

LOL, GreenDog!!!!!! That one belongs in the "Hall of The Infamous"

 

[Romeo]

Quote from mrmarket:




400% per year...what other money manager makes that much?? I am HUGE!!!

"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.

 

[Ken_DTU]

Quote from mrmarket:
I sold CLSR today at 35.14 . Remember I bought it at 30.45 on Oct 31? That's a 15% gain in only 3 weeks!!

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

 

[mrmarket]

Quote from 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

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!!!

 

[nkhoi]

Quote from mrmarket:



..., 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!!!

your humor is wicked, rofl