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Alias Born 04/04/2019

Re: WWJD2525 post# 32505

Tuesday, 04/16/2019 9:13:00 AM

Tuesday, April 16, 2019 9:13:00 AM

Post# of 36724
You seem like a good guy:

Buying with the intent to hold for 2 years is a terrible, absolutely terrible, worse than trash method. That goes for bluechip stocks too.

Buy/hold for 1-2 years = Strategy of Hope

A year ago, MGTI was roughly 1.70...today it's 6 cents. Two years ago, MGTI was roughly 75 cents, today it's 6 cents.

Vast majority of traders here are here to be profitable. It isn't cool to continually lose money, that's what will happen when you adopt the strategy you're recommending.

The most profitable strategy for most stocks is to get in on a catalyst, then get out within the day/hour/few minutes locking in the profit. And do that repeatedly.

You're welcome.
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