Trading Women.

Quote from trade4succes:

cutting losses, riding winners is as important as always.
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didn't you mean capitalizing riding and leaving out one of the n's in winners:)
 
Some of the same rules apply when trading women. Always buy low and sell high. For instance, if i wanted to trade a distressed security that i think still has a lot of intrinsic value, i would go balls long Britney spears right now...... all the institutions have dumped her and there is a large short interest (probably about 50 % of float). I'm sure she is trading OTC right now as a penny stock.... She is so out of favor its ridiculous. I am sure warren buffet and charlie munger are accumulating massive long positions right now. Right now i would be buying calls, selling puts on Britney. I would short paris hilton, the chart on her is showing a very bearish head and shoulders pattern.
 
The traditional rules of portfolio managment apply. Diversification is a must. Buy and hold can leave you feeling pain, and of course, falling in love with a position is very risky. While a hard dollar stop should always be used, a time stop is also a good idea.

Some of the more attractive issues have a nasty tendency to spring preannouncements on you without much warning, leaving your portfolio and possibly you unbalanced. Stay away from issues looking to enhance value by merger and acquisitions acitivity.
 
lol !

Quote from AAAintheBeltway:

The traditional rules of portfolio managment apply. Diversification is a must. Buy and hold can leave you feeling pain, and of course, falling in love with a position is very risky. While a hard dollar stop should always be used, a time stop is also a good idea.

Some of the more attractive issues have a nasty tendency to spring preannouncements on you without much warning, leaving your portfolio and possibly you unbalanced. Stay away from issues looking to enhance value by merger and acquisitions acitivity.
More...
 
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