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Sun Ra

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Sun Ra

Re: naturalborninvestor post# 8548

Wednesday, 05/21/2014 6:41:09 PM

Wednesday, May 21, 2014 6:41:09 PM

Post# of 32302
Ok just please be careful, I'm warning for a reason. I started warning at 2.60-2.70, now we are down at 2. Have a plan if the stock goes against you as you ALWAYS should!

Not all stocks go up, but if you hold forever and keep adding on the way down you'll be out of the stock market FAST. To last long you need to cut off your losers. If you believe in VAPE, you should have sold back when it bounced back to $5, and wait for it to bottom out on the daily chart. Let the chart guide you, you would have saved yourself a loooot of money if you sold then and bought back even now, or at $1 in a few months.

Don't chase and be realistic. Don't shoot for the moon, take your profits when you have them. Nothing wrong with taking small profits and seeing it go up huge, it just as well could have tanked right after you sold.

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