The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
@Crypt0poliS, wow…. But the acquisition was unforseenable right ? I wanted to go with the uptrend when it was 381 ish for the summer rally, but I wasn’t sure it would go higher, so I waited and waited , never finding a good spot to long it, then I wanted to short it, but also didn’t feel safe shorting it at 420. (Missed out on 440) then it went down so quickly to where I think it was consolidating, 380 . Still wouldn’t decide on it, wanted to long it before earning, still too risky, so I let it go, holy f , lucky . Well would have been lucky if I follow my gut went long during the summer, then short it from 440. But nothing is perfect. Just wouldn’t understand, adbe price was very solid for the longest time even when Shopify was decapitated a few time , came down to adbe price. May I ask how do u feel so confident with the short, I once heard so many times this is like msft, u go thru inflation people still need to use adbe , they are NOT going to re learn other software. So it is anti inflation stock I read, what did u think it went wrong ?
Crypt0poliS
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@ruby_redusa, i partly answered in my other idea. There is nothing wrong with Adobe, only the dollar that is starting to be worth nothing and before its too late the big names are shorting their positions. All the market is having the same condition. Buy gold and secure your money. ;)
great call