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Strategies & Market Trends : Traders( a.k.a. Losers) Anonymous

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To: TFF who wrote ()10/25/1997 12:23:00 PM
From: Mike McFarland   of 10
 
Ah yes, a place for confessionals, very nice.

I have had some money in the Fidelity Select group of
mutual funds for, oh, maybe five years now. My mistake
was ever getting into this--Fidelity charges a 3% load:
In the huge universe of mutual funds, why ever pay a
load? It was very silly on my part.

And get this, I actually traded my way out of
decent gains these past few years, oh I'd get an okay
gain of 20% say, and then I'd swiitch into the money
market fund. This year I have been sitting in FidSel
Natural Gas, and while I still have hope, there are many
other FidSel funds which have gained over 50%! My
fund has gained 1%. Oh what a loser I am, sometimes
I could just cry the way I trade myself out of proifits!
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