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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: HG who wrote (46150)3/17/1999 12:29:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Happy,

>> Yesterday I officially earned it back.

Congratulations. That must have been a big relief. However, my experience was different. I was taking positions that were too big for my account. And when it moved against me, I would panic and close at a loss, because I feared even greater loss if I held. So again, for me I prefer slow gains to the stress of greater risk/reward.



To: HG who wrote (46150)3/17/1999 12:38:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Sarmad/Jan. I lost about 100K on DELL (and other stocks, but primarily on DELL) in Feb. Yesterday I officially earned it back. You guys spend too much

Happy, that's impressive, and that's your style, few can match!!

However, I have not had any meaningful "loss" in any stocks after the 65K Amzn one, and the 65K has been completely recovered and nicely in the black. I have recognized INTC long-term cap. gain this year, and the $$$ is completely off the equity table. They are not going back into stocks or mutuals.

There is still a lot on the table, but my goal will be more of the "risk management" style, while maximizing some nice trading gains.



To: HG who wrote (46150)3/17/1999 7:32:00 PM
From: Olu Emuleomo  Respond to of 164684
 
I have made it a point that if I lose on a stock, I don't touch it again for a while. Losing makes me hate the
stock and that clouds my judgement......and of course I used to get so taken in by trying to recover thru the
same stock, that I missed other opportunities.....


Sage advice!

--Olu E.



To: HG who wrote (46150)3/17/1999 8:14:00 PM
From: H James Morris  Respond to of 164684
 
>>I have made it a point that if I lose on a stock, I don't touch it again for a while. Losing makes me hate the stock and that clouds my judgement.<<
Happy, I'm very impressed with this post. I agree one 1000%.
I lost what a consider to be a bundle and chose to work it out.
I was lucky and, finally got it back. now that its over. I don't mess with it any more. I've moved on and, my boring portfolio is, up 400%.
I keep hanging on this thread because I want to see all the longs and, shorts do well.
Now the option MM's that's a different story.
Ps
I am disappointed that my Citibank has backed off to 62.



To: HG who wrote (46150)3/17/1999 10:54:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
I have made it a point that if I lose on a stock, I don't touch it again for a while

Happy, that's an excellent point and I need to pay attention to it in the future. However, after you "touch" a stock, such as Amzn, many times for a long time, the learning curve will start to give you breaks...stocks can be personal, there are habits and emotions, and most important of all, Amzn does not break it's "creature of habits" just coz that some of us are doing what we are doing.