Holding onto GOOG puts turned out to be a pretty bad decision. The approach to expiration day has left me with an option whose time value depreciation caused it to go down in spite of the stock also going down. Thus, I'm calling it a year and will think things over for the next little (or long) while as I officially fold.
Being a believer in the scientific method, I do think that there is a lot of value to be gained from stories of failure. Or phrased another way, experiments that have unexpected or unsuccessful results. Unfortunately, you don't see too much of that in scientific literature. It's actually something from which many scientists could learn, because knowing what not to expect is equally as important as knowing what to expect. However, those findings simply aren't as exciting.
Having said that, perhaps this is one of the few trading/financial blogs out there that not only remains honest, but actually admits failure. However, in my journey to become successful, I hope to expose and perhaps overcome my shortcomings...to remain engaged in the process, rather than simply wither away like so many out there. Admitting failure is the first step to springing back, and that's what fighters and winners do.
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