Thursday, December 12, 2019 2:02:28 PM
A few simple rules:
ALWAYS take profits. No exceptions.
NEVER buy into FOMO, never. (you guys seem to have all done this)
Set mental stop loss and ALWAYS no more than 10-20% loss at any given time.
Average up or down depending on stock and market sentiment.
Never EVER invest in a stock with bad management especially a penny stock.
owg2- I think your strategy is more than sound on this now. If you continue to do this....buy and take profits, set mental stops, you could recoup some, if not most, of your profits.
I came here today to see if THCM was still here. You guys can learn from his dd and experience. Look we all have made bad investments. The question is did we learn from our mistakes?
Merry Christmas, Happy Holidays, Happy New Year, GLTA
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