Bought position in FAZ. Within 3 weeks was up 30%. Should have sold. Within 2 months after that, my position had declined to half my original investment. Added to my position 6X my original investment. Over past month, my position has declined about 20%.
I was talking to someone about my trading. I told her I was in highly leveraged funds. She asked, isn't that what brought down the economy? Kind of........ I replied.
I'm holding. It will soon be clear whether I'm a hero, or a goat. It's all about having your cojones in the fire. No wimps allowed
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