|
PureBytes Links
Trading Reference Links
|
I have found the best way to put off the many "Salesmen" who call me on the
telephone almost weekly selling me the "Opportunity of a Lifetime" is to
simply state. Send me the past 3 years of your tax returns, If you have made
more money than I have, then I will be interested in looking your offer. To
date I have never heard from any of these snakes again. Good trading.
-----Original Message-----
From: Ira <ist@xxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Saturday, October 17, 1998 5:29 PM
Subject: Re: Gen: Trading Survival Rule
>That is good advise and stay away from high pressure brokers who call twice
a
>day. I have yet to have them give me a winner. I have never taken a trade
>from a cold call broker. It appears their sole job is get rid of positions
for
>their firm that are going to go bad. Ira
>
>BrentinUtahsDixie wrote:
>
>> I saw the story of a Florida couple that invested their entire life
>> savings(about $185,000) in some sort of sporting investment. The point
here
>> is that they didn't invest 1/2 or even 2/3 of their savings they invested
>> it all and of course they lost it all. So for those that didn't see this
>> rule before, here is a simple rule that can save your bacon.
>>
>> Survival rule #1, never speculate beyond your ability to absorb the loss
>> and say afloat (no matter how good the investment looks or sounds).
>>
>> Brent
>
>
>
>
|