Quote:
quote:Originally posted by Dimebag
Runswifscissors
Yeah a few more now than a few years ago! After a few years of early stumbles, going through the inevitable learning process, things have started to pick up. My portfolio is up from $71,000 to $123,000 so far this calander year, and up from closer to $20,000 at the beginning of 2002, so not too shabby.
The first few years were not so successful though - I succeeded in losing about $5,000 over the space of 2-2.5 years. The problems were as discussed above - poor judgement, and dabling in stocks that were simply too average about which I had no strong conviction. Hope and guesswork featured much too highly and I bought too many stocks. I also over-traded - the grass also always seemed to look greener.
Fortunately since then I have cleaned up my act. My judgement is improving and I am operating a much more concentrated portfolio focusing on a few truly unique companies. I'm still making plenty of errors though, but there amount and severity are declining.
Cheers
Dimebag
TLA87 - I was unaware that was the case