If you keep doing what you are doing… then you will keep getting what you have been getting.
If you do nothing, then nothing is what you should expect back in return as nothing ventured, nothing gained.
Only invest what you can afford to lose to where your conscience will not be disturbed if all was lost. The “$200 to $25,000 Transformation Process”
Stock 1 = $200 to $400 Stock 2 = $400 to $800 Stock 3 = $800 to $1,600 Stock 4 = $1,600 to $3,200 Stock 5 = $3,200 to $6,400 Stock 6 = $6,400 to $12,800 Stock 7 = $12,800 to 25,600
In the example above, no matter how much money your initial investment converts into as profits, it is still money that you never had so always take profits somewhere along the way while still understanding you will have to take “some” risks in order to achieve some gains. The choice will be yours to exercise the option to move on at anytime with your profits or losses.
Also consider the profits from the above logic if you discipline yourself to take 50% profits instead of 100% profits. Or five stocks instead of 10 stocks. Hopefully you see the magnitude from simply remaining discipline.
The above thoughts are thoughts to how I think we all should at least take under consideration for understanding investor etiquette within the market to derive an exit strategy on your own. One of my goals has always been to help many to become prosperous. Hopefully these thoughts can contribute in such!
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