Holdings > Holding Rationales > May 2008 Review: The Only Real...
Holding: CNEX
TimothySykes [10749] 

| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| CNEX | Mining | -18.33% | n/a | 2 | 13-May-08 | Prior Holding |
07-Jun-08
May 2008 Review: The Only Real Mistake Is The One From Which We Learn Nothing
Holding Rationale for CNEX.
May was an interesting month and no matter the multitude of mistakes, I gotta say it was an outright success. Sure, thanks to me focusing too much on building this new site, not being disciplined enough in avoiding commodity plays or more importantly, waiting until they showed some–any–weakness to short, not being able to take enough pain before the damn busted (CNEX!!!!) or getting a short trade executed accidentally when I told everyone else to stay away (VRML!!!!)—yes made just about every mistake in the book, wasting away precious opportunities as if I was Britney Spears—TIM finished down just over 2% at $17,807…. Boo freaken hoo—now with less projects, albeit slightly, less sleep, sucks, I’m up already up 5% after 3 good trades this month!
Definitely more importantly Pennystocking students like Jeff Moates and Tony Ellis, are really banking, think $10,000+/month, no joke, aka doing much better than me—as I predicted throughout my instructional DVD…“you can do better than me”—and that’s certainly the reason why my website traffic is breaking out gradually…not a pattern to short like it was back HERE

In summary, yes, I screwed up a lot, so what, I masterfully controlled my losses, you guys learned from it, I learned from it, now we’re all better at trading, we can l augh at the 90% of traders who don’t know what the F#$! they’re doing, falling prey to “gurus” who cost thousands of dollars but fail miserably at enriching anybody but themselves and thus who should be taunted/ripped apart regularly and sternly, we understand the risks better, our profits are getting bigger the world is a better place. Welcome to my mission, enjoy!
Good Trades
Finally shorting into panic, gooooood Timmayyyy … [visit site to read more]
Posted at 09:26 in Holding Rationales | Permalink | Comments () | Top
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