Wednesday, April 26, 2017 2:08:02 AM
I don't know it's gonna go back up. It's called: I got balls of steel and trader friends think I'm crazy. I go big or I don't bother w the stock.
Because of that, I've lost up to 30k on a stock, but I've also made up to 168k on a single stock... Because I'm a huge risk taker.
On the other hand, after watching the behavior of ATT, I don't see it going to triple digits graveyard. It doesn't behave like a p & d...In fact, they barely put out PRs. That's a good sign.
Yes, there are some frequent inside trades,,but I believe they are not too abusive...A little? Yes.
I do the best I can. I have 18k riding just on this one..And I might lose it all..But I also might make beyond 200k just on this one trade...Which would break my record
I guess u can say that after years of doing this, I'm numb to risk reaction...I go deep when people leave a stock. But I'm also retired since 2013 and I'm still only 38, so
I must be doing something right.
Bottom line: don't trade anything u are not completely willing to lose. This is a gambling den with a better edge than craps.
If u don't want risk, put ur savings in blue chips and get divs..But u won't be living a retired life. High risk is high reward.
I consider ATT to be low-med 40% risk..
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