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Re: TradeFlow post# 534

Saturday, 10/01/2016 11:49:36 PM

Saturday, October 01, 2016 11:49:36 PM

Post# of 662
Not trying to rub it in....

A lot of the time its all about when you discover a stock, that is what determines how low you get in. And I'm also not typically one to try playing the dips and rips...the last time I did was with NMX (when it was on the Venture) bought it at 15 cents as well and sold it twice and then was lucky enough to buy back my entire position cheaper and bank some cash....

But usually, like you, I'm fearful of some big news hitting and a stock taking off and leaving me in the dust...Ultimately I sold out of NMX too soon, but after making 5X my initial investment....ahhh well. Nobody ever went broke taking profits.

And I have a brother who gave me the perfect advice on how to deal with seeing a stock you made nice bank on climb even higher. "Cry into all the money you made".

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.