Larry "Flips"
a great way to make money if one is good and/or lucky
a huge pain to do the bookeeping on
I think we should stay with short term trades
unless you or someone else would like to volunteer to do the bookeeping; in which case we could start a second ZFlipPortfolio
and maybe a ZOptionPort
and a ZForLifeLongHoldPort
seriously, lets try to maintain what we have and make every attempt to improve on it as best as we can
with the exception of Last Shadows's recent "real" portfolio this is the only "close to real life/honest trading portfolio" that I know of; on SI or any other place
where all can see the good, the bad, the great, and the ugly;
and can learn from others; without a lot of BS
I get tired of reading posts from people that always buy at the bid, sell at the ask, buy only at the 10 year bottom that lasted for all of 8 seconds before turning and going up 27.62% the next day, hold a big winner to within 1/16 of the all time high, at which time they were astute enough to not only sell their long but to go short at the same price, and were brilliant enough to have sold their long position at 3:59 the day before a big bad earnings warning
PS
damn, it feels good to vent
if I keep posting all weekend maybe the gremlins will find another host |
