Join our investing community

Trading IAU: A lesson I would not forget!

Discussion in 'Shares' started by wdongli, 29th Nov, 2010.

  1. wdongli

    wdongli Well-Known Member

    31st Mar, 2010
    Do you feel amazing from the chart below?


    Who has the gut to put the money in at the bottom? Me are one of them! Who has the gut to hold until now? No me but I just held it until $0.5 around. Why did I sell? Since I have to be sure the profit annually to my dirty-cheap fish portfolio! Are you regret? A little bit but not feel gulty! Could you be sure to hold for great return in future? Not sure but I will.

    We tend to cut the winners but keep the losers which are true always since losers need more careness. Pain is always playing the great part. Are you joking? No! It is the conclusion of the science. Why don't you just talk the number or chart? They are useless without views outside and inside together and market sentiment about the gold.

    It is the only one of my fishes who moves its price more than that of peak before GFC. It is good sign and more fishes would be priced more than those made in GFC.