Tuesday, April 25, 2017 5:03:59 PM
1: Fear - fear of the company not going anywhere and fear of losing money. If you don't show fear of loosing money, then you may be in the wrong industry.
2: Impatient - Patience is a virtue when playing with stocks. Just like going to a casino, buying lottery tickets, etc. Stocks are really not a get rich quick scheme, unless you are already a millionaire.
3: Greed - Some, not all people in the stock market industry thrive on greed. It's that thriving that will help you loose money as well.
I've been buying and selling penny stocks for about 3 - 4 months. Started with just $250 and made $150 profit. Withdrew $100 and invested $50 into different stocks. I started with just 1 stock, now I have shares in 6 different companies.
IMO, people need to be patient on stocks like these. Do your own research and don't go off of what other people are saying. Because, at the end of the day, you are the one either making money or loosing it as well. GLTY.
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