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Re: BigBrains22 post# 64820

Wednesday, 09/12/2018 3:17:23 PM

Wednesday, September 12, 2018 3:17:23 PM

Post# of 112647
50% of that I made during the so called IT bulb, in the first 4 years as a trader.

Back in the 90's, until 2001 - 2002, when the bulb exploded, every single day I had several stocks running 1000% - 2000% on news. I mean this kind of run in 5 - 10 minutes. I lost the entry price many times, because it moved so fast that while I was putting the buy order in the system, the price changed 10% - 30%. So I learned that I needed to put it 10% - 20% above the actual price, to not lose the run.

If it was a nasdaq stock, then I used a market order to buy, to not lose it.

Crazy times. I felt like I was robbing a bank every day. I had many days of making $100k - $300K in profits.

Also IPOs running 1000% - 5000% in the first day of trading. Like to enter the market at $1, and, close the day at $15 - $20.

Outside of the stock market, I am also an investor. I think I already said here that I am also a CEO. I run my own company, where I have 100% of the capital, and, I also have investments in another 3 private German companies(startups). So here we have something in common.
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  • 5Y
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