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Re: Surf335 post# 73802

Tuesday, 01/28/2020 7:58:27 PM

Tuesday, January 28, 2020 7:58:27 PM

Post# of 92614
It's a not seeing the forest for the trees issue.
Illusions of massive gains is what gets us trapped in losing positions.
Compounding as little as 30% repeatedly over the same proposed 2 month hold will yield as much as 13000%

Say this becomes a 10 bagger. Great. If you 'invested' 1k, you have now banked 10000. You waited 2-3 months (not guaranteed btw) but you made money. Good for you.

In the same 3 months, you can find 10 plays where you net 30% on each play. This, in the otc, is not difficult. Your closing account value should be 1000 *(1.3)^10 > 10000.

In this race, the turtle wins. Taking consistent, realistic profits over a shorter time period is significantly more profitable than sequestering capital for a big payout that may never come.

JMHO. GLTA!