... I travel through time to tell everyone what it takes to be a successful investor and trader.
As if that happened in that way. But, really, I did travel through time.
What I noticed, what I saw, you would not believe me. For in this future world, I saw people in lavish dwellings. Not hotel-like dwellings, but the more refined and regal kind. It appealed to mine own eyes as though I lived in that time period. Well, I am living in the period leading up to it. Therefore, the inevitable will be that I shall live through it, too!
Back to my focus on this journal entry.
As I was travelling back through time in the stock market, I had noticed how some companies upgraded their stocks, and some downgraded, based on their trends and activities. Then, I noticed something uncanny, unusual. My friend, my best friend from grade school had just started making some trades for his new bike. It may not seem unusual to you, but it most certainly did for me!
As I observed his trades over the weekend, those same trades he had put a "buy" position for made for an untimely loss. So I snuck myself into his account and fixed up the situation. First I needed to diagnose the issue at hand. Then I needed to find the correct ways to fix, cut losses, and make some gains for his account.
Thus I created, by accident, a sequence that can take precedence over a huge financial loss over time.
Here is what it looked like:
- Check company's relationship with the shareholders - NEGATIVE OUTCOME
- Check that most or all of his trade positions are on either "buy", "hold" or "sell" - EASY ENOUGH!
- Sell all 100% of trades by "closing" them - CUT LOSSES
- Redistribute to more variety so as to not accumulate losses
After I was finished, I heard my friend come through. I look around the wall at him. He looks at me.
"What are you doing at my computer?" He asked.
To this, my response was, "Oh, just making sure nobody takes it away."
To which he replied, "Riiiiiiiggggghhhhhttt."
Then we got back to our usual conversation after about 2 minutes of awkward silence.
A few days after the fact, he comes up to me and says, "You have been fiddling around with my account, haven't you?"
"No, I haven't" I replied. "Why?"
"Well," he said. "you could have just told me you were fiddling around with my trading account while on MY computer."
"Geez," I said, uncomfortable of what might happen next. "I really do apologize for messing around your computer then."
"It's no big deal, really," said he. "Besides, you fixed my financial dilemma for a period."
"Would you like to go to the nearest coffeeshop, dude?" I ask.
"Sure!" He responds. "That would lighten up my spirits. I had a really crappy week and weekend."
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