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Re: Michel post# 26227

Wednesday, 10/25/2017 8:02:00 AM

Wednesday, October 25, 2017 8:02:00 AM

Post# of 46417
The only person I recommend relying on is your self, and as some would like to put blame on others, I can only look as babl as a learning lesson in progress, for most of use could had made good money when it was trading 10x-20xs current price, however most of us choose to go for the big money, so we had chooses, we just made the wrong ones, so you can either learn from it, and make your self a better trader, or you can make the same mistakes over again, and expect a different result, I will choose the first option, lol,,, so really have switched my investment strategy, instead of owning a few stocks with a lot of money in each one, I will own a lot of stocks with only a little money in each one, there are a little over 350 cannabis stocks, and I own over 100 of them, and adding to the list daily, yesterday, added two more to the list,msr* , and cig*, by selling shares from other stocks that i am showing profit,I sold cgr*, and clk*, yesterday, and I only sell, 1/3, or 1/2 of my shares, never selling them all, because the stock could keep going up, then I try and buy back the shares if it goes back down, I have always said, if you can put your self in a position, where you do not know what would make you happier, stock going up, or going back down, you will be happy and can react accordenly which ever way it goes, with babl, I am using advance trading skills, which as you learn to master stock trading , the concept of selling for a loss, and making it work in your advantage, for example, lets say, you have 10k in gains this year, tax time comes, and you will most likely be looking at giving 3k of them back for taxes, now if you can sell a stock or stocks for a loss, 10k worth, and move the money to another stock, or even a few stocks, which I did with babl, then your money can one, go back up someday, but more importantly, you just saved your self 3k going to taxes, and really from an odds point of view, moving some money from babl and putting it in other stocks, odds might be in your favor the other stock may go up, way before babl, and as always, you would not want to move it all, because like I have learned , you never know when a otc stock will go up, or which one, so what ever way babl goes, I will be happy,:), I call this hedging your investment,and now i have put faith of my money in my hands, as for long term, think the big money is going to be made, by owning as many mj company's as possible, because as the revenue keeps increasing in the billions each year, this is the sector to be in, think by end of next month, I will own over half of the 350 mj stocks, and buy 2018, I want them all in my collection,,,