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Thursday, 09/26/2019 7:56:15 PM

Thursday, September 26, 2019 7:56:15 PM

Post# of 36823
CDIX had a good story line that got peeps excited and buying. Works until the story ends. Until CDIX management comes clean and explains the current circumstances, positive or negative the story has ended. Sadly, but ended just the same. Put it on watch and wait to see what happens. Get the story out of your mind, completely. Right now it doesn't exist until management restarts it in a convincing way. An 8K would be most convincing. If it bounces on just MB hype, fine, trade it if you know how. Wait for a better story if you don't. There are dozens out there.

If you don't know how to trade them, learn. Learn charting, or whatever it takes to make you realize that the meat of the run is all you need to make money. Get enough of that meat on enough stocks and it's steady income. Far better income than trying to buy the bottom and sell the top of every great story that comes along and gets you excited and buying. That's a good way to ensure a collection of triple no bid bags you'll never get rid of because you never make enough profit to write them off against. Old habits die hard. Kill them off and learn new and better ones.

There's literally dozens of individuals and websites out there that will help you learn how to trade for free, and they actually enjoy doing. Take advantage of it.

In fact one of the best free sources for trading ideas is Ihub, if you know how to use it. I've never had a paid membership and never needed one. But one thing about Ihub that traps many is the message boards. Until you learn how to trade and manage your emotions, avoid the stock specific message boards. They'll bring you nothing but grief. Just learn how to use all the other features that will help you and leave the stock message boards for those that love emotion and drama, neither of which will make you money but will help you lose plenty of it. This one is a prime example of just that.

Emotion free objectivity. Keep the chart simple, stupid.

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  • 1M
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  • 1Y
  • 5Y
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