"I don't trust this board any more" is a very serious statement and you have to check your risk profile to decide if you should sell all of your holdings and move away to somewhere else.
In the market, ASIC seems never appear when you lose too much so I tend to forget it! The followings should be helpful.
===Don't expect the law to protect you===
1. no one can protect you from your own stupidity in your own living room.
2. if we buy high without enough safe margin, we build the traps for ourselves.
3. I bought JRV too high and then I have to hold if I don't want to stop the loss.
4. It is hard or difficult to stop the loss if the loss has become part of our live.
===Take responsibility yourself===
1. Have your wits about you.
1.1> we have biases on others since we don't know we are stupid first.
1.2> we blame others but it could not save ourselves from our own troubles
1.3> when we cry to blame DP and blame big boys, we open the door to let the market hold our heads and hit them against the wall.
2. Common sense will suffice.
2.1> if you lose, it definitely is not you are not smart enough, but you definitely have made something stupidly
2.2> common sense is never common. Since the crowd are formed by the common people and the crowd never could use the common senses.
2.3> it is scared always when a group of people swear to fight for a common cause since in common senses everyone is different
3. You are your only defense.
3.1> don't put your money in others' hand to achieve your financial objectives.
3.1> if the Vision would have been won, you still could not control anything in JRV
3.2> no free lunch. To get you to be feed, you have to pay what you have to.
3.3> It is wrong to hand everything out before you could get some deposit.
3.4> business is always business. Your income or reward could not be got based on the blind trust.
3.5> Don't use the word, such as trust in the market, even we have to respect each oterh.
3.6> your fate is in your hand
GPN
greater pacific gold limited
