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Author: globalist2013 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35361  
Subject: Re: Williams Clayton’s 7.75’s of  Date: 1/31/2013 7:45 PM
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RE: avaya.

Their financials scared me away, and I've gotta trust my instincts, which doesn't mean that I don't make mistakes in both directions, by buying what I shouldn't have and by not buying what I should have.

But, also, that kind of retrospective scoring is nonsense. The only thing that matters is whether, at the time I was putting on the trade --or backing away from it- I saw everything I should have seen. By and large, I do, and my failure rate (either direction) is sub-5%. So I never second-guess myself. I do the trade, or I don't, and without regrets. And then I get up the next morning and do it again.
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