Quote:
Originally Posted by caller006
This is what I learned after losing about $2k.
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Wow, only $2k? You got off lucky!
It took me quite a bit more cash to learn the same lesson.
And the REALLY dumb thing was I did it out of stubbornness..I knew I was "right". Well, the fact was I was "right", but that didn't matter because my timing was jacked (trying to short the homebuilders and lenders too soon, specifically). Thus I also learned the lesson that it's better to be profitable than to be "right".
Since that time, trading life has been VERY nice.
