GREY:PGDIF - Post by User
Comment by
mill44on Jan 24, 2017 1:35pm
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RE:RE:So now that we established
RE:RE:So now that we establishedI understand that, but that's where your advice comes in play. Don't believe everything what you read.
What others have to realize is that opinions differ, especially if they are based on different timeframes. Cudjo has always been about the short term outlook. Ekim is about the long or very long term. We can judge Cudjo but we cannot judge Ekim yet. We have no idea if he was right or wrong because he does not put a timeframe on his opinions. Cudjo was more right than wrong in predicting short term moves, yet Ekim gets praise, Cudjo gets jumped. It is all about sentiment. It is easier to take compliments than criticism. Ekim tells people they were smart to invest in PGD, Cudjo says it's dumb to hold on to your investment.
Cudjo has a huge advantage when he predicts a move down. PGD has been in a steady downtrend that has yet to be broken without doubt. PGD is in a business where over 90-95% fail. It's like he is the house in gambling.
People should compare the timeframe of the poster with their own. They should also consider how much pain they can take, even if they are longer than the poster and even if it's just temporary pain. What they should never do is ignore posters who are on the opposite side. You know why you invested, you don't need further convincing but you might want to know the risks you take in doing so.