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Re: StockRocket post# 53026

Wednesday, 08/23/2017 8:00:47 PM

Wednesday, August 23, 2017 8:00:47 PM

Post# of 127559
It's new, so people will be skeptical. There is a very small class of investors that get in early on opportunities that haven't yet proved themselves as profittable. That's the essence of what I call "high conviction trading."

Find your best ideas, put on a large position, then stick to it until it's either as good as you thought it would be, or fails.

I know this doesn't sit well with you, but I'm not bothered by flippers. They are doing their thing, making money to feed their babies. I get that. But, long term, they are not in that small class of investors that will profit enormously on one really good trade.