With all due respect, I think your questions of Tom are unfair.
Read his reply (#27523) again, then read your questions again.Think hard and see if you already have the answers to your questions.
If you were not willing to take a 20 point loss you should not have made the trade or you should at least have exited it before you lost that much. Perhaps you had some logical reasoning behind this TXN trade: what was it? Fundamental or technical analysis or just "gut feeling?"
Sounds like you are speculating (as described by Tom in his reply). Do you even have an exit strategy at this late point? Doesn't sound like you do, except you are unwilling to take a 20 point loss. What will you do when its a 30 point loss? Think for yourself before you throw your money around and then ask other people to find a way out for you.
Were there any logical grounds for buying those other positions or did you just think they looked like a bargain at the time? Do you even have an exit strategy for any of them if things don't go your way?
I am sorry to sound so harsh and I really do not mean to offend you or attack you personally. Your questions were really answered in Tom's prior post but you apparently didn't understand so I stated it differently, if less diplomatically.
PLEASE: If you want to speculate, trade, or invest, KNOW the difference, THINK first, HAVE a plan, and STICK to the plan!!!!!
I am a lurker who was once an active participant, but I grew tired of watching people self-destruct. Do yourself a favor: take a break and examine your motivation, skills, and performance before you do real harm to yourself and/or your family.
I wish you the best of all possible results. Regards, Randy |
