Crius Energy Trust Tr Unit CRIUF

Weak Hands?

[amugsgame]

I always find the term "weak hands" interesting. I owned KWH for a few months and sold on the drop last November following a 10% loss rule that I try and stick to. I am much more a trader than an investor so the philosophy is that I take the loss and if it comes back it only costs me $9 to pick a stock up again. In most cases this works well because I have found that a drop on bad news rarely bodes well for a quick recovery and generally leads to a continuing downward trend. So, for me,-, better to be a "weak hand" than signing with the dance boat on the Titanic as it sinks.

[QuantGuru]

So the keyword in your post is 'trader' not 'investor'

[amugsgame]

I have no reluctance to say that I trade but I also invest. I apply the same philosophy to the very long positions I have had in fairly solid equities such as banks. But I know people who though Blackberry was rock solid and rode it all the way down from $120   

[sotypical]

This post has been removed in accordance with Community Policy

[DonaldJ]

You got that right. The people calling you a weak hand are amateurs who have $200 in their brokerage account and pretend to be big time anyway.