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Re: cougar24 post# 1349

Thursday, 09/21/2017 2:56:13 PM

Thursday, September 21, 2017 2:56:13 PM

Post# of 11590
Don't be embarrassed about it. We all have been younger, dumber and dreamed about hitting a winning stock. I personally hold about 20 million shares in different otc companies that are just about worthless. I tend to buy a quantity, sell enough on a run to recoup my investment, and ride the rest. That seems to help me with cash flow in my flipping/trading account.

My dumbest one was a little bio-tec. Bought in the .008's, sold some in the .20's and it ran to .58 and crashed. I forgot to put in sells and stops and took a road trip. I made 30k on that trade, but stupid me left over 10 times that on the table. Stock was delisted and I got a 4 grand write-off. That was one hell of an expensive lesson/holiday.

Good luck with your trades and remember to use the stops.

Remember........ It's better to wish you had bought a
stock, than to wish you hadn't.


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