I felt not well about my RMBS. I miscalculated and left major dollars on the table. But, just another trade.
The 12 Trading Axioms
1. On Risk, if you are not worried, you are not risking enough; always play for meaningful stakes and resist the allure of diversification;
2. On greed, always take your profit too soon; decide in advance what gain you want and when you get it, get out;
3. On hope, when the ship starts to sink, don't pray, jump; accept small losses cheerfully and as a fact of life; expect to experience several while awaiting a larger gain;
4. On forecasts, human behavior can not be predicted; distrust anyone who claims to know the future, however dimly.
5 through 12 for later. We here on 9984 thread violated #2 and #4. What fun.
On Hutchison, solid company, but will not go boom boom like CHL if it is wireless you are interested in. |
