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Mary953 (67.60)

Self-Sabotaged

Recs

16

November 16, 2013 – Comments (10)

I finally decided to check the stocks that I have red- or green-thumbed on CAPS.  Big problem.  I have had 2X and 3X ultra-shorts (All of them!) green-thumbed for over a year.  That is a year of record breaking gains for the market.  I realize that the longer you are 'investing' via CAPS, the harder it is to change your direction, but I have wrecked my own score through extreme inattention.  At least I have paid more attention to where my real money went.  

10 Comments – Post Your Own

#1) On November 16, 2013 at 2:21 PM, Mary953 (67.60) wrote:

Well, friends, should I close them out and take the losses or just hold and wait with them?

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#2) On November 16, 2013 at 3:06 PM, HarryCarysGhost (99.75) wrote:

Hi Mary,

Just wait it out. Since these things are destined to fail (time decay) you'll be right eventually :)

Wait a minute, hold on there a second.....

Did you say GREEN-thumbed?

Sounds like you were trying to time the market with your calls, never a good plan.

Just always remember that Mr. Market is your schizophrenic next door neighbor whose fun to drink with on the weekends, but you never know what he will do during the week.

Cheers.

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#3) On November 16, 2013 at 4:12 PM, Mega (99.95) wrote:

Yes, I would suggest closing them, along with several of your other green thumbs on 1 and 2 star stocks.

Green thumbs on 3x funds are generally a bad idea. Next time you feel like timing the market maybe just stick with red thumbs.

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#4) On November 16, 2013 at 4:18 PM, jiltin (22.58) wrote:

I just reviewed the green thumbs,Looks great. I may pick some of them for my actual buy. Thanks.

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#5) On November 16, 2013 at 6:12 PM, Mary953 (67.60) wrote:

Jiltin, The newest green thumbs are straight off of the Stock Advisor list of best buys now, core stocks to hold, etc.  I sincerely hope they look great as this is my main source for where I put my real funds.

And yes Harry and Mega, I was timing the market when I put those others on there.  In my somewhat shaky defense, that was the sort of thing that got me into the 90% on CAPS game in the first place, but I sorta forgot that they were there.  I was shocked when I started matching up tickers to picks and realized that I had taken gains, returned them to the list, and then forgotten them.  Ooops!

May as well take the losses, cringe, and watch the color start leaking out of that cap again.  Hope it stops before I hit beanie land. 

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#6) On November 16, 2013 at 6:30 PM, Mary953 (67.60) wrote:

I knew better so I just had to know why I made such ridiculous picks.  These were entered during the week that the US credit was downgraded.  The entire market dropped.  It was also the week that we lost an adopted daughter. (Not legally adopted, but a daughter of the heart nonetheless.)  So no, I think I will not beat myself up for this one.  I would happily spend all my CAPS time with a beanie if it could bring Kristen back. 

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#7) On November 17, 2013 at 5:35 PM, jiltin (22.58) wrote:

Mary,

Thanks for the response. I hope you know CAPS are different from actuals. There are limitations in practical investments. It is easier to make score high in caps rather than actual investment. 

CAPS guides us to achieve our investments (It helps me sure for learning from others experience).

Here is the nice blog about this caps (in case you have not seen it so far). bbmaven is the highest caps scorer so far.

http://caps.fool.com/Blogs/caps-geniuses/792490 

 

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#8) On November 17, 2013 at 5:46 PM, Mary953 (67.60) wrote:

It doesn't help to have opened and, in some cases, closed over 1400 stock picks over the last 6 years while I learned about investing all over again.  My CAPS picks are usually the last things I work on after my own RL investments and looking at the blogs from friends.  

Thanks for the link though.  I have great respect for maven's ability to pick great stocks and to 'play the CAPS game.'   

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#9) On November 18, 2013 at 10:12 AM, Teacherman1 (62.49) wrote:

Mary

Look at my accuracy. Or maybe I should say "inaccuracy" level. 

I open and close picks all of the time in a effort to reflect my actual RL position. This costs me lots of CAPS points, but luckily, I am up almost 50% in RL at present. 

I have been wearing a "fading cap" for so long, I hardly notice it anymore. 

Good luck in CAPS, but good investing in RL. 

Sorry to hear about your personal loss. May the Lord give you peace in your heart, and remind you that she is in loving arms for eternity.

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#10) On November 20, 2013 at 12:55 PM, Mary953 (67.60) wrote:

Teacherman, since I trust God and look forward to an eternity in His awesome presence, it gives me a different perspective.  A dot and a line.  This life is the dot.  Kristen has reached the line.  I will join her some day.  In the meantime, she can again run and jump and fly as high as she wants without the knee replacement.  And if I know her, she is living in a meadow of flowers with her dogs, cats, and horses.

And yeah, in this life, keeping the RL position strong is way more important than keeping the bright colored cap.  I think those Ultras were my one attempt at building points in the game.  Back-fired much?  ;) 

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