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Re: TattooedTraderFry post# 104679

Monday, 01/30/2017 4:32:18 PM

Monday, January 30, 2017 4:32:18 PM

Post# of 120628
Not a loss if you don't sell.

Take a look at the sector. Mj stocks trending up and down in unison.

What we ultimately want is a company that breaks away from the pack, but we are starved from seeing or hearing about much growth from their leadership. In my experience, this is around the time that things begin to look promising.

I've found myself selling and chasing very far up. Granted, we would like to see quantifiable business deals SOON to warrant holding further.

I have a bet on this one and a few others. Again, if you are playing mj Stocks - then quick flipping is very difficult to predict. You either need to dedicate yourself to holding and sweating it out or taking a short approach and possibly sweating that out and being wrong as well. There is no fool proof plan, and the boards are full of 'puppets and bashers' with their own goal of swaying opinion.

World is a cruel place. No one will hold your hand or teach you the best ways. You must teach yourself and learn from experience. There is no 'safe space'. What I see you doing is taking each person's opinion and assuming them to be true. A very toxic process to put yourself through. Time to make decisions and stick with them. Good luck.