For the newbies: There are many trading philosophies that can be used by many traders. Since this board is not about daytrading, let's discuss some of these philosophies. I'm sure we oldtimers have adopted different philosophies along the way until we found one that we that worked for us. It's best to choose a philosophy that works for you. One philosophy that I use is to buy at a low price and buy as much as you can. I'd rather buy 2 million shares of whatever at .0005, then 300K of whatever at .05. Let's hear some other philosophies.
What I post on this board is my own humble opinion, based on my own Due Diligence.