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      06-14-2012, 08:52 PM   #1012
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Quote:
Originally Posted by BayMoWe335 View Post
Seems like there are more than a few in this thread that make money every day...I guess they just don't post when they lose. Understandable. Don't take this post the wrong way. I pretty much stick to posting postitive news about my own investments, but I don't pretend I know what's going to happen on a daily basis.

But seriously, I like reading and contributing to the thread, but there seems to be quite a bit of "See, I told you this would happen" going on. Veteran investors know it's hard to stay in this game, let alone beat the averages consistently.

Just curious...how much are people investing? $1,000 portfolio? $10,000? $100,000? $500,000, $1,000,000+?

I always find it interesting that people talk percentages. "I am up 80% on this or that." Well, if I were investing $1,000, I'd be up 80% some of the time because I'm taking more risk. Buying 500 shares of BZH to bet home builders will surprise doesn't really get me excited or show that you are a good investor. I've got a co-worker that's always talking about doubling his $200 investment. Big deal. Would you bet the same if it was $20,000? Or the best of all time, play money investors. This completely takes 90% of investing skill out of the equation...psychology.

I somehow doubt people buying leveraged ETFs are investing any significant money on such a speculative bet. If you make money, good for you...but scale matters.
I'm not sure how anyone else here can not take this post the wrong way. You come in here only to devalue us, right? When we are wrong, it's clearly evident. But when we say the times we were right, we mention them, and we were right. This thread has been pretty accurate for the last little while, and we have been doing really good with our trades. Today was my first hit in about 2 months. As for investment size, I trade a minimum of 6 figures in my ETFs. So I put my money where my mouth is. Where is yours? I shared my portfolio size, care to share yours?

Investing differently with $20,000? Is that supposed to be large enough to change our investment strategies? I make and lose that in minutes. Today, I lost 5 figures for sleeping in (what a dumb mistake on my part today. I had been so tired all week I slept in). That is far, far, far, from making a large dent in my portfolio.

We talk percentages because this thread is built of a bunch of different traders. I get tons of PMs from other members who are just looking to start out with $5,000. Percentages is all this game is about anyways. It equalizes us all. I'm up 63% for the month. You?

If I took your post the wrong way, then disregard this response. But I'm tired of the random members that come in and knock this thread with "guess you were wrong" comments, when they don't even bother contributing. Realize we contribute our thoughts here free of charge, and other members and I are always welcoming new beginners and giving them direction. Posts like yours are so demeaning and pointless, IMO. Is isn't a portfolio comparison contest. This thread has been about, and always been about, analyzing the markets. No one cares how much you have trading; can you analyze the global events and price action? Cause that's all we care about here.
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