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Insmed Incorporated Message Board

  • johnlayreadi29 johnlayreadi29 Aug 28, 2013 9:00 AM Flag

    Why egomaniacs always lose money? Money in the Bank is better than defending your ego on a message board.

    In the last 8 days we have a clear example of why egomaniacs always lose money.

    They let their ego take over and can not admit they were wrong. They can be short or long. You have to learn to ring the register. I rang the register and missed the last 14% rise but I made money. A short here who can not admit he is wrong is now down $7,000+ but if his ego was in check he could have covered and shorted later or went long and made money. Money in the bank is better than defending your ego on some message board.

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    • In the last 31 days we have a clear example of why egomaniacs always lose money.

      They let their ego take over and can not admit they were wrong. They can be short or long. You have to learn to ring the register. I rang the register and missed the last 22% rise but I made money. A short here who can not admit he is wrong is now down $9,000+ but if his ego was in check he could have covered and shorted later or went long and made money. Money in the bank is better than defending your ego on some message board

    • In the last 28 days we have a clear example of why egomaniacs always lose money.

      They let their ego take over and can not admit they were wrong. They can be short or long. You have to learn to ring the register. I rang the register and missed the last 24% rise but I made money. A short here who can not admit he is wrong is now down $14,000+ but if his ego was in check he could have covered and shorted later or went long and made money. Money in the bank is better than defending your ego on some message board

      • 1 Reply to johnlayreadi29
      • In the last 30 days we have a clear example of why egomaniacs always lose money.

        They let their ego take over and can not admit they were wrong. They can be short or long. You have to learn to ring the register. I rang the register and missed the last 24% rise but I made money. A short here who can not admit he is wrong is now down $15,000+ but if his ego was in check he could have covered and shorted later or went long and made money. Money in the bank is better than defending your ego on some message board

    • Why people sell all of their shares or cover all of their short all at once is beyond me. It leads to leaving 14% on the table.

    • I agree completely with what you say but can tell you from experience, it is hard to admit defeat and sell at a loss, and equally hard to know when to sell when you are nicely up. My basis here is 8.55 and I don't know how long to hold. I'm sure you guys can tell me.

 
INSM
17.51+0.01(+0.06%)Jul 30 4:00 PMEDT

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