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Re: flave post# 69821

Friday, 09/01/2017 10:45:49 AM

Friday, September 01, 2017 10:45:49 AM

Post# of 100421
Luck plays a big part of it, but PATIENCE is most certainly a virtue needed to succeed in the OTC.

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!