Now a word or two for those who might not have read this thread at all. We need not bother about them. They will not read this thread in future also.
But a few things must be stated for those who have read this thread and have not expressed their honest opinion thinking that if they go wrong, they will be exposed in a public forum like this. Those friends may please note, you are expressing only your opinion, it may be correct or it may not be. But it is only an opinion. No one is going to sue you or ridicule you for that. The members of this forum are very mature. Infact, this is a great forum. All are helping one another. To my limited knowledge, no one in this forum has ever ridiculed the opinion of another member.
Why are you hesitating to admit that your opinion was wrong? Is it your ego which prevents you from acknowledging this truth? Which truth? The truth is that you have formed a wrong opinion either because you were lazy to assimilate and analyse the facts or because you did not have any knowledge to make such an analysis. If it is ego, then please get rid off that ego. The earlier you get rid of it, the better for you. Why? Only when you acknowledge that your opinion was wrong, you will realize the need to get out of a loosing position in the market. To put it in another way, you will not try to impose your views or your opinion upon the market. Remember, market listens to nobodys views. But you MUST listen to what the market says. If you dont, then you are digging a deeper hole under your own feet. First thing you have to do to come out of the hole is to stop digging under your own feet. Let the process of humbling begin. Remember in order to become a successful trader, this process must begin. The earlier the better.
Are you still hesitating? Let me point out one more aspect. Ask yourself this question. Who is that you in this forum? Is not your name an assumed name (to put in harsh words fake name) in this forum? Why are you so attached to this fake identity? (My sincere apologies to all those members who have posted their real name and identity in this forum. By no means I am condemning/ridiculing them. If you have done so, I must appreciate your courage). Can any one identify you, I mean you the real person from the fake identity given in this forum? For that matter is anybody interested in doing that? That too because you posted your opinion in this thread? For that matter will you be able to identify me if I come and stand in front of you? Will you ever be interested to undertake such an exercise? I bet you will not. So why did you hesitate to post your views here? Do not commit such a mistake next time. You missed a golden opportunity to see how your analysis can be improved and how many points you have missed. You missed an opportunity to acknowledge that some one is still smarter than you. You missed an opportunity of killing that personal ego.
But a few things must be stated for those who have read this thread and have not expressed their honest opinion thinking that if they go wrong, they will be exposed in a public forum like this. Those friends may please note, you are expressing only your opinion, it may be correct or it may not be. But it is only an opinion. No one is going to sue you or ridicule you for that. The members of this forum are very mature. Infact, this is a great forum. All are helping one another. To my limited knowledge, no one in this forum has ever ridiculed the opinion of another member.
Why are you hesitating to admit that your opinion was wrong? Is it your ego which prevents you from acknowledging this truth? Which truth? The truth is that you have formed a wrong opinion either because you were lazy to assimilate and analyse the facts or because you did not have any knowledge to make such an analysis. If it is ego, then please get rid off that ego. The earlier you get rid of it, the better for you. Why? Only when you acknowledge that your opinion was wrong, you will realize the need to get out of a loosing position in the market. To put it in another way, you will not try to impose your views or your opinion upon the market. Remember, market listens to nobodys views. But you MUST listen to what the market says. If you dont, then you are digging a deeper hole under your own feet. First thing you have to do to come out of the hole is to stop digging under your own feet. Let the process of humbling begin. Remember in order to become a successful trader, this process must begin. The earlier the better.
Are you still hesitating? Let me point out one more aspect. Ask yourself this question. Who is that you in this forum? Is not your name an assumed name (to put in harsh words fake name) in this forum? Why are you so attached to this fake identity? (My sincere apologies to all those members who have posted their real name and identity in this forum. By no means I am condemning/ridiculing them. If you have done so, I must appreciate your courage). Can any one identify you, I mean you the real person from the fake identity given in this forum? For that matter is anybody interested in doing that? That too because you posted your opinion in this thread? For that matter will you be able to identify me if I come and stand in front of you? Will you ever be interested to undertake such an exercise? I bet you will not. So why did you hesitate to post your views here? Do not commit such a mistake next time. You missed a golden opportunity to see how your analysis can be improved and how many points you have missed. You missed an opportunity to acknowledge that some one is still smarter than you. You missed an opportunity of killing that personal ego.