Friday, September 01, 2017 10:45:49 AM
The problem with always focusing on and taking only small profits -- Is that one never gets to realize and take BIG profits.
Many ppl just focus on the dollar amount of the gains/losses in their portfolio and sell way too soon...BUT the focus should be on the share price and where the break-even point is and realizing that things are not always as bad as they may appear.
On a more personal note, I am currently down approximately 13% with BLDV (however 10 minutes ago I was down over 30%...lol) which was over $3k in the red...Now, to some that may be unacceptable, but I have over 4 million shares and knew my break-even point was just 7/100s of a cent and NOW it is just 3/100s of a cent from break-even -- No big deal really because after that PROFITS start coming in!
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