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Friday, 10/17/2014 12:45:48 PM

Friday, October 17, 2014 12:45:48 PM

Post# of 259
Teachable Moment
For any one who follows me here is my strategy and here is my new revised strategy based on today's total otc halt.
1. Trade with what you can afford to lose.
I lucked out and pulled a lot off the table last week because of life expenses.
Normally I'm all I'm.
Now that being said going forward always keep 25-50 percent in cash or in Nasdaq Amex or NYSE securities.
2. Just because the world is unjust and the otc favors shorts does not mean you can't win.
Keep a diversified portfolio always play more than one company.
But not more than 5 this way you are not subject to single security halt risk or grey sheet delisting.
3. Once you are up 100 percent on a security take half the position off the table then the rest is gravey.
4. Always ask your mentor questions or research things you don't understand.
Feel free to ask me anything
5. Buy securities on the big boards too I aways have.
6. Remain positive.
http://www.cnbc.com/id/102078861
This is the reason for me writing this.
Shark

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