Skip to main content

2005 June - I am panicking re SYMC. Exit decisions impared by following 4 bets at the same time.

SYMC is not getting out of jail as quickly as I hoped. I am feeling less confident about saving my bacon on this one. A week has gone by and it is still hovering 75 cents above my cover call. There has got to be a less riskier way to to lose 8000 dollars. I don't like the fact that I am in four shares and losing in all of them. I normally only concentrate on one. But somehow my strategy has taken into diversification. They say this limits risk but I do not know everyday how much I am actually down without logging in to my account. That means I have to put in a cover stop on four shares. Even if I cover SYMC automatically I will still have three shares still open to the downside. They will represent seventy per cent of my portfolio and still a major risk to more large losses.

Comments

Post a Comment

Popular posts from this blog

2005 June - What Tech stocks look good? SYMC INSP IACI. Prioritising use 50d 200d attributes rather than outer group circumstances

Which top stock is heading for their 4th dip in 4 months? I feel these are ready for reverse throws up, SYMC, INSP and IACI. They are touching their 50 day or 200 day moving averages. I will invest 150% of my portfolio for four weeks, the second week in May and then short the same stock 100% or a weak stock that is hitting its 50d or 200d moving average.
Post a Comment
Read more

2017 July - Always be Scouting for "Blue Ocean" Unicorn Shape Shifters and unicorn asset classes moonshot markets

2017 July -  Behave more frequently like an Aikido Scout Blue Ocean brand new innovative warrior general. And less like your usual strategic less, tactical, jumpy, acute FOMO Aikido warrior self, which is ready to shoot from the hip when a sudden 2 day price move pops up unexpectedly over the last 48 hours up, one that irrationally excites or terrifies you. Unfortunately yes, your Aikido FOMO warrior within, has often tended to tactically react more to a "System 1" gut feeling, or hunch, or shame and new short term rigid belief that has arose first. On the other hand,  when numerous big facts over 3 months proves big time that there is now a change to today's landscape and consensus, like a Great Scout warrior general proudly alter, mindfully and intriguingly, all the previous "non performing" and pernicious dysfunctional harmful beliefs, bets and relationships. And move big. Always be Blue Ocean Shift Scouting relationships, markets, currencies and i...
Post a Comment
Read more

1999 Nov - China Prosper - Watch out following the next pump dump chart, the runaway big movie can not lose truck

The pick up truck swerved to stop from running me into the tarmac of the hot afternoon. At this moment, I am not the usual happy go lucky Irishman that everyone knows me as. Instead, I am walking the streets of Guadalajara Mexico numb to the outside world, in a daze, just muttering to myself. All I can think is, that I am a truly worthless individual, that I am stupid, that I am a sucker, that I am a fool, that I am an eejit, that I am really just another gambling addict and I really don't care if I die right here and now. But let's go back a day! I get up and log on to my computer and my internet stock broker account. Financial news on the internet centres around a China/US trade agreement break through. One click to an internet news provider and the word on Wall St is that China Prosper, a Hong Kong construction company, is said to be one of the main beneficiaries of the breakthrough. Luckily, they say, it's shares are also listed on the reputable stock exchange in Ne...
Post a Comment
Read more