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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Saulamanca who wrote (2589)11/5/1997 10:05:00 PM
From: LzzrdKing  Read Replies (1) | Respond to of 7396
 
No he didn't

<<Moral: Never let a trade turn into an investment. But just because you are an investor, don't be afraid to trade. I am neither a trader nor an investor, I am an opportunist. You should be too. >>

If you read the story further, it talks about not letting trades turn into investments, bacause you were too stubborn or stupid to admit you were wrong when you entered the position. This is great advice. Cut the losers quick.



To: Saulamanca who wrote (2589)11/5/1997 11:45:00 PM
From: sepku  Respond to of 7396
 
>>>Cramer says he's a trader and investor<<<

Funny you brought him up...you know the guy surfaces on the ASND thread every now and then, just to post single-sentence wise-ass comments that have no intellectual value whatsoever? I was suspicious at first whether he was the genuine article, so I emailed TheStreet.com and confirmed it was really him. In fact, Cramer then emailed me 3 times directly to reminisce on his poorer days when he had to live in a station wagon! A strange man, indeed.

Style Pts.