Glenn,
You seem to be quite slow on the uptake. It took you 24 hours to think up that witty
(NOT) response? That's the best you could do?
You couldn't even admit your mistake? All your arguments, your reasonings, your due
diligence, your theories; nothing can change the fact that you were completely wrong -
100% wrong. You were wrong to do what you did. You were wrong to encourage
others to do the same. You were wrong to listen to others telling you to do what you
did.
You were wrong. Period. Admit it.
I say you are slow because numerous times I've made it clear that I do not advocate
taking a long position in AMZN and I never take positions in AMZN for more than a
few minutes.
You also need to understand this simple fact:
A trader must be humble - those who are not humble get cut down by the market. You
need to develop the quality of humility to survive in the market.
You and all your friends can try and poke fun at me, but you are the ones who lost a
fortune through swallowing each others bullshit arguments. If any of you had just for
one second seriously considered the minority voice on this thread, instead of following
each other like lemmings over the cliff, you would have saved yourself considerable
grief.
In the last two days, your arrogance has cost you another 25% loss; and the next two
trading days may cost you another 25%.
You had the arrogance to call me "Jerk at work daily" simply because I said I was
taking a rest from this thread because in my opinion the arguments were going around
in circles.
Anybody who doesn't agree with you is a jerk or a fool.
Learn some humility if you really want to be successful.
Understand that a man doesn't need a degree to be successful in life and business.
There are many like me who can teach you a thing or two.
In 1990, The Economist called me "Britains Software Star". My basic salary before I
retired at 35 in 1990 was $300,000 p.a. Based on my business achievements in life I
could walk into virtually any business school in America and pick up a degree just by
filling in an application. But I didn't need it in the past, and I certainly don't need it now.
People go to Harvard to learn to do the things that I've already done in life. Why do I
need a degree? To prove what? I am probably far more qualified than most of the
teachers and professors in the business schools.
You think I'm a fool who will get wiped out with AMZN?
This fool has 95% of his money in US Treasuries on a seven year ladder. I play day
trading with the other 5% (about $200k). I learned my lesson already by losing $100k
in a day as I mentioned before.
I was humbled. I never blamed the market or anyone except myself and my
inexperience. Now I'm a much better trader. Every day, I make a minimum of $1000
which equates to $240k/year (in addition to my T-Notes income). I'm not greedy,
when AMZN went up $14 in a day, I just made my regular $1000+ and I'm happy
with that. Sometimes I make more without really trying, but I never make less in a day.
If I make a loss during the day, I accept it and move on to come out on top before
days end.
Is there any chance at all that you are really listening???
You call me a jerk for trying to help you save a small fortune.
Why am I saying all this? Not to profit myself, but maybe to teach you some humility.
You never know who you are talking to. You should treat everyone with respect.
Just in case you are not fully convinced already:
When this jerk sold his company for $20M - he legally never paid a cent in tax of any
kind. Something accountants claim is impossible. I found a legal way, with advice from
Price Waterhouse to keep every cent thus saving millions. How many people you
know have managed to do that?
If you learn nothing else learn this:
The humble will be exalted and the haughty will be wiped out.
Its a fact of life.
To satisfy your curiosity jawd stands for:
just another white dude. (nothing racist intended - just a fact)
Do you understand anything I've said? |
