LOL Food for Thought
I've been teaching trading since 2003 and to date keep repeating myself. Your 100% correct. Why can't they get it??? Why does saving $50 bucks on a little guys entry, mean more then helping drive price higher and get $500 profit higher later.
Came to the conclusion; I forgot the feeling how importance $50 was to me. When I had less the $10k cash to play with.
Little working guys, trying to help support a family with out pay raises for 10 years. Really value $50 bucks saved, more then risking it. I was the same way, when I had to play the OTC only. Because my capital reserve was small and family obligations so high. My family is grown and gone. Expense obligations reduced and experience producing more gains then losses. Have followed me in retirement. I swing trade the big boards with 90% of my portfolio now.
At my board I keep saying, a 10% gain on the big boards is the same as a 10% gain on the OTC, with 100% less risk. Never seems to soak in. Safe bit by bit trading the big boards can meet small traders wants, needs, and goals. It just take a little longer to double you cash. With way less excitement or depression.
Pennies are still fun. But if one gets 10%,20% trades now days at the OTC, with a flash big lightning strike here and there. I really recommend buying 1000 shares @ $5.00. Over 100,000 at .05. And only coming back to the OTC with beer money for excitement on those lightning strike.
