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Re: payperview post# 30833

Thursday, 04/24/2014 5:44:25 PM

Thursday, April 24, 2014 5:44:25 PM

Post# of 45244
ok its probably time for me to share how i trade. and when i say trade i mean trade and trade only. there are only two things that matter to me when trading any stock. 1- bankruptcy and 2- charts. all the rest is a waste of my time. i could careless about financial statements, funding, 8ks 10qs whatever. it doesnt matter to me. im a trader not an investor. i dont care one bit about this company or where its been or where its going or if they serve tits n grits or coffee thats the best in the world. i am here to make money and move on. true to the fact that it looks like i will be here a little longer than anticipated, it doesnt change my trading strategy. every trader has one and sticks to what works. stocks go up stocks go down. we make money we lose some. thats the game. im sure some might be offended or disagree with my style but this is what works for me. getting emotional and engaged or married to any stock is plain stupid in my opinion. this market will rip you apart when you feel all warm and fuzzy about your stock and "believe" in the company and all that storyboard. i do not mean to offend anyone on this board or cause any problems but i just dont care as long as i make my money. buy the dips, sell the rips and thats that.

There seems to be some perverse human characteristic that likes to make easy things difficult.

-Warren Buffett