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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (17892)3/11/2016 3:19:25 PM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
Hi Ox,

you're cool by me... I know first hand that when you start posting too many trades /investments it can decrease the flexiblity one needs to see that the market has different ideas than we do and we want to not have the additional emotional commitment to talking about a trade when we should be endeavoring to keep emotion lower rather than higher... in the best case .....no emotion.

my best regards,

John



To: The Ox who wrote (17892)3/11/2016 5:01:51 PM
From: isopatch3 Recommendations

Recommended By
John Pitera
rayrohn
TideGlider

  Read Replies (2) | Respond to of 33421
 
<...not sure how it does anyone any good for me to post my trades after the fact?> '

Well, it's not if you post only the winners and one break even...)) Seriously? Sure, close to real time is always best. That's what I try to do.

<...what good does it do to mention them now?>

How bout three good reasons?

1. If you have a good trading track record, why wouldn't you want to help others make money by sharing those ideas in a timely fashion? Then, let them do their DD and decide if they want to get on board the train.

2. Again...if you make money on most of your trades, wouldn't disclosing your entries and exits close to when you do them help others learn by example? It's costs you nothing and takes no more time than posting an opinion or analysis.
Besides...

<Give a man a fish and you feed him for a day. Teach him to fish and you feed him for a lifetime>

3. And finally, as I said before....<...when I'm talking with someone like to know whether they buy and sell in a market or whether they instead focus on analyzing and writing about it.>

Iso



To: The Ox who wrote (17892)3/31/2016 12:01:07 PM
From: The Ox1 Recommendation

Recommended By
John Pitera

  Read Replies (1) | Respond to of 33421
 
Took down the AAPL position today as it reached the short term target yesterday and overnight we decided there are a few other areas to put the money to work in the near future.

Still holding the INFN....fwiw....

I'm not sure how it does anyone any good for me to post my trades after the fact?

I can tell you I bought TWTR at $14.56 on Feb 9 and sold March 1st at $17.79.
SUNE @ 1.23 on 2/24 and sold 3/7 at $1.94.

There are plenty of others but what good does it do to mention them now?

I have a break even position in AAPL at the moment and one in INFN with a cost basis of $14.27.