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URL:  http://boards.fool.com/i-disagree-if-i-get-in-make-203060-and-then-28798513.aspx

Subject:  Re: Bill O'Niel Date:  10/2/2010  1:01 AM
Author:  11x Number:  22989 of 23034

I disagree. If I get in, make 20,30,60% and then out after a few/several months, I think it is great fun. I look at my statement and then listen to others here who lost a bunch and have fun. The ultimate market is one where I can make 40% in a month and then relax the rest of the year.

That's not the point I was trying to make. Nobody says "I am having fun because I did not go to the casino and lose $200. I'm having the time of my life sitting at home not losing money playing something with negative expectancy." No, being in the market allows you to wrap yourself up in the eomotions of watching your positions go up and down just as you watch what the die land on or what comes out on the slot machines.

I've never thoght it was fun to listen to others who lost a bunch of money either.

People will have a hard wired tendency to always want to have multiple positions in the markets at all times, and that is not the right mindset.
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