So these posts, cocky as they probably are, are a reminder of what not to do in an effing downtrend. And if you enjoy calling me out on that, well, you just enjoy the hell out of it.
I'm feeling somewhat defensive at the moment and with those posts was not calling anyone else stupid. Yesterday I woke up feeling especially good. Then TWTR broke to a yearly low which seemed like a good opportunity. And today I broke the rule of buying in a downtrend. Maybe this will turn out to be good and if it does, it will be pure luck on my part.
"Overdone", or the fallacy of "overdone", was my very first lesson to becoming a mediocre investor.
I believed it because so many board posters were on that bandwagon and I had never heard of trolls, except the kind in fairytales. And that is where "overdone" should be, in a fairytale.
...Although what has happened with VR would seem to contradict that. Giving customers a choice of Best Buy or ordering seems like a gesture of good will to the customers.
Divide and conquer. The company stash of cash and the stock trend are unrelated as far as the trader is concerned. It's not enough to wake up and smell the coffee. Wake up and see the red. Red is for peppers, not personal accounts. Accountability. Take it.
Personal pep talk for the day.
Buyers will take great satisfaction in what they've done and they will smile and pat themselves on the back all the way down to zero. There's something about Twitter. Stocks like this keep the market going. If I run this in the ground enough, maybe that stupid stupid purchase today will seem more rational.
Two things spell ohwhataloser: Buying into a bottomless pit, example TWTR. And buying a loser on margin, example TWTR. The parameters and players have changed. Remember? Costolo, the man who could turn mountains of mush into tons of fun, has left the building.
From a couple different sources out there, Facebook staff have been told not to do anything to stand in the way of a Trump victory. Facebook could be afraid of the candidate because of the comments on getting rid of the internet in some places. So the thought is that tolerance is a way to appease and please and stave off backlashes in the future. We're possibly playing more politics than we know.