A couple of things that lead me to believe you are not a good investor:
1. You don't understand that things usually revert to the mean. When there's a panic (e.g. IBN plummets from 48 to 25 in a short time period), you assume the panic will continue and get worse until there's a depression of some sort. Isn't it more optimal to recognize that stocks are volatile and take advantage when it moves too far in one direction?
2. You double down on your losers. Instead of recognizing that you are wrong (e.g. IBN going from 25 to 30), you double down and insist that IBN will go down to 18. Now it’s over 34 and you are doubly wrong.
I think don’t think you have the temperament to succeed at investing. Sorry to the bearer of bad news, but it's better just to accept this fact and move on. I hope you can reflect on this and not react emotionally. Good luck to you.
good post ,,,, also he doesn't understand currency risk ... The USA is printing a trillion dollars a year and the dollar must fall ,,, therefore IBN is in trouble but can go back to the 40's very easily
Ouch...you must be getting crushed! When IBN was at $25, you were screaming SELL, SELL...Going to $18. What happened? IBN is at $33.76. You are also short JPM and GM. Again OUCH...you are getting crushed! I need to follow your posts more closely so I can do the opposite of what you do. I'll buy what you are selling and short what you are buying. How are you not homeless yet??