Skip to main content
No. of Recommendations: 0
that is great you ride. i really should do a little something in that department myself. it gives a little much needed perspective sometimes vs. sitting behind the computer screen all day.

that is a good point on the too many watches metaphor. i actually have access to two different levels of standard & poor's. one provides me a single page summary and the other, a detailed forecast that could span 3-5 pages.

what is interesting on RTSX, i looked back very carefully and sure enough, it does not specifically articulate exactly what the asset coverage is. i kind of made a mental assumption with a recovery rating of 2. i appreciate your input on this one from a Moody's perspective so to speak, but i am still going to add a small position here and also a more sizable one in Exide.

years ago i dabbled in various strategies; one being EOD price action and the like. my problem really came down, among a couple of others things, to a lack of patience; so i would basically stop myself out of positions way too early. over time this just becomes too difficulat to mentally endure and ultimately clouds your practical judgment.

as you know, sometimes you could have the most sophisticated viable system but if you can not let it play out in terms of days, weeks, or even months, then its not going to be actually worth much.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.