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Re: theiceman13 post# 2331

Sunday, 05/24/2015 9:39:13 AM

Sunday, May 24, 2015 9:39:13 AM

Post# of 3360
Good for you.
I have not,but then again I'm the type that takes the money rather than curtain 1 in Let's Make a Deal.
When I first started buying equities I over extended myself on a limited number of positions and had my share of bankrupt companies. Took me many years to recoup. Painful lessons.
But I'm still in the game 40 years later wiser for the experience.
I am retired and enjoy short term trading.
It's my substitute for playing poker.
And I never play the lottery.
For me like playing poker- it probability of outcome and risk vs reward.
If you want to stay in this game then diversification is key.
ISR being a MICROCAP without significant sales but a promising product only warrants a small position to be held for the long hall.
On the other hand I'll risk 50000 to make 1000 only if the situation warrants that trade and is usually a day trade.
GLTU

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  • 1Y
  • 5Y
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