Flexpower Inc. (FLXP)

[livinginstyle]

The facts:


Most of the posters on this board are clueless losers. I have to just laugh at all the follow the leader posts. Now, when people feel a little relieved, everyone is hyping and buying. A few days ago, the company was most likely going out of business (according to some paniced posters) and everyone was either selling or ready to hang themselves. No one seems to have a mind of their own.

This post isn't intended to cut the guilty down or pump myself up. Bottom line is this, most of you need to learn how to use stops. On the pinks and BB stocks it has to be mental. Money management and a trading plan are esential to your sanity. Myself, I don't usually buy pinks. But, I really liked what I saw with this company. My rule is this: If I decide to buy a risky pink stock, I only do so after doing my research. Then, I buy with the knowledge that all published info on the company is probably false or at least misleading. I plan on losing all my money on the trade. I only invest money I can afford to lose.

I have a full time job. I trade stocks as a professional hobby. Since I started trading, I blew my account out twice, losing over 250K before I figured out how to play the game. My biggest winner was TASR where I made over 350K. I ended up losing more than half of that before I figured out how to devise a plan and stick to it. My trading account is over 500K now and I just pulled 200K out and bought treasuries for my retirement. I currently hold 18 stocks with CHNW being my smallest holding at 2.3 million currently.

I really do wish all you guys the best, but if you wanna win in this game, you must get-hold of your emotions when trading the markets. The only way to accomplish that is to devise a trading plan with money management being the #1 priority. If you do it right, you will be able to win on 30% of your trades and still make great money.

I wish you all well..