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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sultan who wrote (73788)	11/11/2022 3:59:43 PM
From: Sun Tzu	Respond to of 97932

Jim Rogers is a Soros alumni. He said that Soros didn't know zip about macro and fundamentals but was an absolute trading genius. Rogers couldn't even fathom how Soros knew what to buy and sell. This is to say that there are great many ways to make and lose money in the markets. You won't get there by imitating Buffett, Rogers, Soros, or anyone else. You will get there by understanding your own strengths, weaknesses, talent, and psych profile and then and only then honing them based on what another great with a similar profile has done.

To: Sultan who wrote (73788)	11/11/2022 5:19:31 PM
From: Lee Lichterman III	Respond to of 97932

That is SO true. Like I say, I am a horrible trader. I used to be good but I just can't separate my head from what I see or something lately. Example, I had a buy signal on AMZN Wednesday. I took one look at the chart and said no way! It looked like death. Now look at the gain from that low to today. Same with many others. Like I said the other day, I tried to go short and got shook out. Then it plunged. If I don't get out, then it proves to not be a shakeout and I take a huge hit like a couple weeks ago, I make Murphey's Law look like a good thing. I am truly cursed. I can honestly say I am right on my forecasts probably 90% or more of the time, I just can't trade them. Remember the beginning of this year. Others were saying cash is trash, emerging markets were where to be, ignore valuations because we were going higher etc etc etc. All those were wrong and I was right but I haven't made squat this year. The people that were wrong have made a mint. I wish there was a way to just tell someone what to trade and then for me to not look and just have them trade it for me. LOL