InvestorsHub Logo
Followers 67
Posts 3734
Boards Moderated 0
Alias Born 09/25/2013

Re: None

Monday, 06/23/2014 4:21:51 PM

Monday, June 23, 2014 4:21:51 PM

Post# of 347753
Well the good news is that I was able to buy a small amount of cheapies. The bad news is today showed that there were some really stupid people who either had stop loss orders in place, or who are very stupid and decided to jump on the bandwagon and sell some of their shares as it slid down for no reason at all.

Remember, a good trader buys low and sells high. A bad trader buys high and then cries to his mama about how he sold low at the worst possible time. The bad little trader cried boo hoo hoo all the way home. Remember if you don't sell, you didn't lose a dime. You only lose money if you sell it for less than you paid for it. Have some patience and trust your due diligence. If you decide for some strange reason that you don't like a stock, at least have the patience to sell it on green day instead of on a massive red day like today.