Thread: Rod's Account Talk

Considering cutting my losses in (I) and going 100(S). ATPIT, it has more to gain.

Reluctantly running to (S). Effective Wednesday:

100 (S)

God Bless

Why the move to the S fund right now? I'm 100% G right now, and I'd imagine I'll stay this way until the end of June. Perhaps I'll buy back in right away if S goes as low as 15.50 and I as low as 17.00. Otherwise, I think G is the safe bet until until some stability returns.

Originally Posted by lacaprup

Why the move to the S fund right now?

Because that's my risk tolerance. No desire to be in (G) when the bounce occurs. Hopefully we'll get that once the fed meet is over.

After seeing the nasty looses Japan and Europe took today, I'm expecting the I to drop sharply. I already put in the transfer as I expect the next two days to be a mini-rally. I hope the S has the rebound you expect as well.

Originally Posted by lacaprup

After seeing the nasty looses Japan and Europe took today, I'm expecting the I to drop sharply. I already put in the transfer as I expect the next two days to be a mini-rally. I hope the S has the rebound you expect as well.

Yeah, it will rebound at some point. But the question remains, "When?".

I've been weathering (I) in anticipation. But unfortuantely I weathered it a bit too long. If you look through my posts, I stated I would consider pulling out of (I) if it were to drop below my initial buy-in price of 19.10. Well, I should've but I didn't. Next time I don't need to "consider". I just need to do it.

Expensive lesson learned, which makes us all better traders in the end.

God Bless

Going to be an absolute blood bath for us (I) holders today.

It's only $$$...

It's only $$$...

It's only $$$...

and ONE more time!

It's only $$$...



Gotta stay positive... thank goodness for POWERBALL!!!


Exits the room singing, "The sun will come out, tomorrow... bet my bottom LOST (I) dollars..."

Learn this lesson from me.

I would have cut my monetary losses by nearly 60% if I would had pulled out effective 7 Jun when the share price of (I) dropped below my buy-in. But I stayed in thinking the bottom had to be in and didn't want to sell "the loss".

I don't mind laying my mistakes out on the table. That's how we learn from another.

God Bless

Rod (aka... Comeback Kid???)

Originally Posted by Rod

Learn this lesson from me.
I would have cut my monetary losses by nearly 60% if I would had pulled out effective 7 Jun when the share price of (I) dropped below my buy-in. But I stayed in thinking the bottom had to be in and didn't want to sell "the loss".

I don't mind laying my mistakes out on the table. That's how we learn from another.

I hear ya, I recently felt the effects of the (I) drop as well. Fortunately I was only a day late in getting out. I had to jump back in at today's open of 17.73, if only for the rally I see happening today. I may jump right back to (G) after today, as I still do not think the bottom has been hit yet. Good luck, and remember to stick to your plan. When you say you're going to sell at a certain rice, be sure to see at that price!

Paul

I decided to stick to my plan and got in (I) at 17.73 and have already backed out to (G). Today's modest gains in (I) already look like they will be offset by another selloff tomorrow. I expect to be playing this jumping game with (I) until the end of the month. Did you stick with (S)? I hope are catching the rally happening right now.

Originally Posted by lacaprup

I decided to stick to my plan and got in (I) at 17.73 and have already backed out to (G). Today's modest gains in (I) already look like they will be offset by another selloff tomorrow. I expect to be playing this jumping game with (I) until the end of the month. Did you stick with (S)? I hope are catching the rally happening right now.

Looks like you will see some nice green today in (I). I sacrificed it eventually to position myself in (S), which may see some itself.

Yes, I'm still (S). Unfortunately, I'm a daysleeper because I work nights. So, I mainly make my moves before the market opens. It was nice to see green across the board when I woke up, but we know how quickly that can change.