Hi Crane.Also, I'm more than happy to read hair splitting comments whether positive or negative... varying opinions (void of BS) can only help this thread.
I'm not so sure thats what we want. If I say I have bought XYZ @3.00 for a planned daytrade, I don't think I would want people to start debating the merits of ZYZ...thats what the XYZ thread is for. People can say, that XYZ may have downside for the following reasons, yada yada yada. Or upside for the following reasons, but to debate those reasons just confuses the reason for the daytrade in the first place.
I guess what I am trying to say is, if everyone decides to give there .02c worth on every posted daytrade,(whether the guy/gal should have or not) we will end up culminating the entire SI thread structure on one thread....ours??
The intent is not to point out why a trade was wrong until the tradewas done. And, what makes a trade "wrong", is not the fundamentals of the company, its whether or not the trader lost money or not. Even that is up for debate, but most importantly "after" the person is "out" of the trade.
EG. You say you have just bought XYZ for $3.00, I get on the thread and say the company is a piece of crap and will likely be $2.00 in the next day. Somebody else says that they know the CEO and thinks its a turn around.....who cares??? You're just trying to make .30c in the next 2 hours, IMHO you don't need my influence or others in that determination. Its either a winning trade or a loser.
However, a few simple words of "caution" when entering a risky trade is acceptable.
All points open for debate and comment. I am not trying to "direct the thread what we should, or should not be talking about. I just think debating a persons "buy" while he is still in the buy, causes loss of sleep...and who needs it!
the Chief |
