Thread: First good idea
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  #127  
Old 11-21-2007, 08:01 PM
kimchi kimchi is offline
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Join Date: May 2006
Location: FU minbet
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Default Re: First good idea

I haven't been following this thread, but all this 'my method is better than yours' is pretty pointless. I don't know what the original OP's / investor's objectives were but I'm sure they haven't been met with this particular purchase/trade.

It's easy but uncomfortable to look trades or investments gone wrong, but it is also essential. I haven't read anything in this thread about exits or position sizing or any form way to limit initial risk. Losing two thirds of an investment is a mistake, regardless of what the stock should have done or will do. There is no should or will in the market. There is only is.

I think a proper post-mortem analysis should focus on at what point the investment should have been sold to limit initial risk, and and what point stock should be bought again to be positioned for the anticipated move.
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