Bad luck? Your logic is failing again Jim. To say bad luck would suggest SGH is the only investment vehicle in town and it splashed me as it sped past. Time is a limited resource that is why strategies are (should) be in place to select opportunities dependant on defined criteria. Nobody can or should have a mindset of chase everything.
1. Day trader is a skill that is at least the equal of other investment disciplines. It requires big picture vision (understanding what is happening on many fronts) overlaying technical movements in micro-time. All factors need to be consistent with personal strategy and executed unemotionally. Not influenced by anything, limit and stop pre-defined and executed per plan.
If you disagree with the above then we agree to disagree. If you fundamentally agree with the above then why speak of Day Trading in derogatory terms? It is a rewarding profession when executed with discipline.
I am not interested in trading SGH currently, it doesn't fit my strategy. Tomorrow I reevaluate as I do every day. Every day is a blank canvas, if something meets my criteria then I am interested. SGH currently has a few missing components.
I'm delighted for those currently earning a quid on SGH. Nothing would please me more than see the company create a few wealthy investors from those prepared to look forward and not be blinded by the past.
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