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Re: Shaumus post# 72490

Tuesday, 04/14/2015 7:32:03 PM

Tuesday, April 14, 2015 7:32:03 PM

Post# of 92769
You're not paying attention Shamus...the penny casino is for "trading" aka "gambling" it's not for "investing" and watching how ALL these penny companies dilute for years on end hoping to create shareholder value.

I'm sorry you got your clock cleaned on this table over the past 5 years but every penny gambler since the beginning of time has got their clock cleaned on penny tables.

It's what we learn from the failed gambles that matters...and hopefully we apply the lessons learned from past gambling mistakes to make ourselves better gamblers the next time out!

The number 1 rule for every penny gambler should always be capital preservation...because if/when a gambler doesn't salvage chips on each and every table they choose to gamble on every time out they soon won't have any chips(money) left to play with.

The 2nd golden rule is to always plan ones trades b4 entering a stock! Nobody's timing on these tables is perfect every time out...so by having a plan b4 ever buying a penny stock no matter how well the stock performs or disappoints is irrelevant...because one simply adheres to the plan they made b4 ever pushing the buy button!

Succeeding/failing in the penny casino is all about strategies every time out...and every individual gambler has their own personal trading methodologies they have to be disciplined enough to follow.

The path to penny casino success and/or failure is paved by each individual gamblers own decisions and applying lessons learned in past mistakes on future trades in order to make themselves better traders glty

Love the trend not the stock - If you fail to plan your trades you plan to fail

My posts are just my own opinion!