I am tired of bloggers out there bullshitting their trades. When these traders have a good idea but it doesn't go their way, they blow smoke up our asses about how they "got out of that trade" or intimate that position size wasn't as big as they first indicated. My favorite is "averaging down" or posting 2 hours after the move was made that they "got out in time".
Listen, my trades blow up all the time. But at least I am honest about it. Maybe that won't get me 10,000 comments on each my blog posts like others, but you sure know what the truth is.
Most bloggers have great ideas, but I think the need to keep readership (and ad revenue) high ends up affecting the truth too much.
Just come clean. Say you lost $100,000 today. We can all relate to you at least some point in our trading career. Pride is a powerful thing!
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Atilla, the only man that can be short for over 100 S&P points and not lose any money! :)
ReplyDeleteIS ANY BLOGGER honest? Jesus.