Natural Gas is going to zero? At least that would make for some low utility bills.
What are the most valuable lessons you have learned?
- Thread starter HuntingBenjamins
- Start date
Natural Gas is going to zero? At least that would make for some low utility bills.
Some of us just can’t learn from one time. Hoping twice is enough though.
We have to make sure we learn the right lesson.
The reason I sat and watched the stock crash is that I had sold other stocks and then watched them recover.
I also made the mistake of listening to the talking heads in the media. They kept telling me that this was a good company right up until they declared bankruptcy.
And it took me a while to overcome the pain of taking a loss.
After a while I finally realized that each trade was one of many and was really insignificant when you looked at the big picture. Unless you chose to let it become significant.
That's what I learned really was it was my choice.
My mantra is I'd rather be in cash watching the market go up than be in the market when it's going down.
I was just getting started around that time and bought a few shares of UCO and sold after I made a few bucks. It was a once in a lifetime opportunity.
%%
LOL exactly, rather be a bit late +catch the trend right + right profit + profit.
OF COURSE some losses , lots of losses , even an amazing number of super losses could still make a millionaire happy.
Sure worked that way/ well for Peter Lynch-Fidelity Fund . =Cash stocks , not NG .
LOLPriceless!%%
LOL exactly, rather be a bit late +catch the trend right + right profit + profit.
OF COURSE some losses , lots of losses , even an amazing number of super losses could still make a millionaire happy.
Sure worked that way/ well for Peter Lynch-Fidelity Fund . =Cash stocks , not NG .
This:
Patience.
%%
Partial disclosure\
I'm no Peter Lynch, but he sure did well with plenty hi volume losers, over timeLOL
I maybe should read some more of his book;since SPY benchmark which he usually beat/ has 500+/ single stocks in it
