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Re: None

Thursday, 07/16/2015 12:32:01 AM

Thursday, July 16, 2015 12:32:01 AM

Post# of 347749
Rule 1 and the primary goal of trading is to make money!

With the obvious said ponder this:

Flip it to HOPEFULLY make gains and increase share amount

Hold it long to HOPEFULLY hit THE HOME RUN

I tend to use a combonation of long positions and short flips....


What I have learned: If you can close your eyes and hold a position it can pay off greatly. You can also loose everything! I have done both!

If you flip it then you need to time your entry and exits. Can be time consuming and stressful.

EITHER WAY------------------ Don't get married to a stock! However, understand the potential of each stock you trade.

IMHO MINE has really good potential. That doesn't mean I am going to make money on it tomorrow!

And so we go back to RULE 1----------