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Re: ozzz post# 13044

Monday, 05/16/2016 8:13:56 PM

Monday, May 16, 2016 8:13:56 PM

Post# of 30926
Actually over the 13+ years I've been around. I found capital preservation to be just as, or more important as gain. Since that realization I've swung in and out of stocks and given up holding for more based on logical expectations. Logic; I've found doesn't always win out in the market. Especially the OTC market. So I settle for bit by bit gains adding up and don't hold on retrace, expecting more. This style protects what I got and doesn't give it back. I don't get every penny in a climbing stock move. But I am completely happy with what I do get. Learned a long time ago making up losses is much harder then getting gain. So holding red after certain FIBs retracement levels just isn't in my trading business plan.

By the way I swing trade, not day trade. There is a large difference.


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