iBankCoin
Joined Nov 29, 2008
329 Blog Posts

Evening Stories

Good evening iBC!  I would like to thank Chart Addict for giving me the opportunity to take control of his tab for the week.  I know he’s enjoying himself big time in Cancun, and I hope he comes back in one piece and in good health.

Let’s get down to my evening story.  As some of you may know, I was fund raising for the Four Diamonds Fund tonight at my high school.  If you are familiar with Penn State University’s THON, our Varsity Club decided to run something very similar, titling the event “Mini-THON.”  Our target was $33,000.  We raised $38,645.25.  I started off my night doubting the ability to raise enough money to reach our target, but I was very wrong.  Tonight, I ended up putting myself in the shoes of the kids who came to speak to us about their battle with cancer (and when I say kids, I mean kids: 7-12 years in age).  The strength and upbeat demeanor that these children carried with them was absolutely stunning.  I listened to a 7 year old girl talk about chemotherapy and her struggle to survive her multiple surgeries for a grapefruit-sized brain tumor.  She was 2 years of age when she was diagnosed with cancer, and her surgeries lasted from 4 to 6 hours a pop.  This little girl was a cancer survivor, and her happiness she showed to all of us on stage was something that will personally touch my heart for the rest of my life.

I am telling you this story not to make you feel sad, or even upset that people won’t do more for these children.  I am telling you this story to tell all of the people who sign into this community and are active participants in today’s stock market that even when you make an awful trade that ends up in egregious losses, damaging your monthly gains and trucking your capital like Brian Urlacher trucks running backs, remember the simple truth that money is not everything.  Enjoy what you have and the reason why you were placed on this earth, and allow yourself to become a better person through the way you treat your loved ones and most importantly yourself.  Rule #6 of my trading rules is “Profit Correctly.”  The rule is scripted as follows:

There’s something called opportunity loss in the economic world, and what it means is that when you lose money, you’re not just losing a green piece of paper but something more important; a vacation, an enjoyable dinner with your family, a trip to the jewelry store for a deserving wife, or a renovation on the house.  Hence, I shall reiterate not to reinvest right away but instead analyze what you could use your profits for instead.

Enough said.

Tomorrow night, I will be posting my watch list of tickers from the sector I will be trading this upcoming week.  I will also be putting up numerous annotated charts of some names that expand over multiple sectors of Mother Market.  In the mean time, enjoy your weekend, spend time with family, and remember:  Life is too short to let the important memories fade.

 

ZMoose

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