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Re: learning curve post# 2214

Thursday, 03/05/2015 6:03:22 PM

Thursday, March 05, 2015 6:03:22 PM

Post# of 3043
After reading the 14a (I think that is what it was) I saw the O/S grow and the planned R/S, I did my exit. I lost potential monies by not letting it run up for awhile, but still made money on my exit. I was surprised at the run up with out a mass exit. It had to happen, and did a couple days later. I have been burned before and now trade based on my rules and other proven rules without getting emotionally tied to a stock. I hope to get to a point where I can trade without penalty in my IRA by buying and selling the same day. I hate surprises, especially those that come after the market closes and I can't get in to buy or sell. I have a goal to reach in 5 years (4.5 to go) and I am on track so far these first 6 months. All positive gains, some minor, some larger, but no major setbacks (so far - knock on wood) as some trading relies on a degree of luck but mitigated by knowledge and trends. I use to random trade based on others, based on trends, based on PR's and always was behind the curve and lost more than I gained. Now, without emotions, trading is easier, more fun (making money), but it is time consuming to select stocks that have potential (upside), lots of DD, and I do use recommendations as a small part of my strategy from Thomson & Reuters as a check to my stock screeners to see if I am on track with others.

I will let you know in 4.5 years if I made my goal. Retired early! smile

GLTY