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Re: Klonopin2mg2000 post# 12120

Tuesday, 08/16/2011 8:56:46 AM

Tuesday, August 16, 2011 8:56:46 AM

Post# of 29254
They say 95% of the traders in the otc/pink sheet markets will loose their money. I once did the same many years ago. I have found the following were my biggest mistakes.

1. Buying and selling based on emotion.

2. Buying or selling based upon other peoples opinions.

3. Not using the research resources around me

4. Not using or understanding technical indicators.

5. Know who the major promoters are and how they operate.. .i.e P&D.
a. some let stocks run to dump shares = nice gains
b. some dump tremendous amounts shares right from the open
not letting the stock gain much

6. When a certain sector is hot, i.e. Lithium. make a list of
stocks in that hot sector and set volume/price alerts.

7. Educate myself EACH & EVERY day to become a better trader.

8 Limit Losses at all costs. Never ride a stock downward.

9 Never go All-In on a single stock.

10 Not understanding the stock trading cycles in pennyland.

While there are many many other lessons I have learned I find these few very valuable. Trust yourself first.

I wish you the best.

Go Ahead Make My Day - With Green
Screens

All communications
made by me are my personal opinions and should never be considered
financial advice.