He waddled into muddy water hoping to catch big fish: He entered a stock position of which he is unclear of the company and stock price situation.
He stand in the muddy water and hope the big fish swim would swim into his net: He just waited and hope the price would change to his favour.
Even when a fish does swim into his net, he doesn't know to pick it up and leave: Even when the stock price does a small rebound he refused to sell his position.
He remained stuck in the muddy water.
That's the story of a speculator.
There could be no fish at all to catch. He could be just wasting his time and effort.
Maybe there are big fish but how would he know? Guess work?
Maybe when one day enlightenment decides to shine down, the muddy water would clear up and then he ......
