SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: advocatedevil who wrote (3931)1/13/2003 10:01:28 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 13403
 
OT ** >> I assembled too large a position.

AD, I am a firm believer that in contrarian bets, one has to be able to make 3 progressively larger plays. The market will almost surely go against the opening move. So when the price becomes more extreme, one should press the play. Then, finally, when the market goes with ones position. and the total trade is profitable, the last increment should be bet.

Sarmad



To: advocatedevil who wrote (3931)1/14/2003 2:05:58 AM
From: Sam Citron  Respond to of 13403
 
I would have held my play this morning if it had been smaller

I know you would have. I don't think the position was too large, just that you were not used to swinging such a big bat, so you choked before the normal volatility took her back to you. You were just not used to staring at paper losses of that magnitude on a single play, even though they're manageable for you.

You will have many more opportunities to swing the big bat.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News