PBS Holding Inc (PBHG)

[DieHard3]

Your presumption is that ALL flippers want to make the largest net profit possible. That is a fallacy.

Some flippers have strict rules in their strategy.
I am one of those short term traders/flippers.

I have a strategy, when I execute my strategy correctly I am successful regardless if I take a loss or a profit.

I don't care if a stock goes up 50% or 500%, I have a hard set entry and sell target before I even attempt to execute the trade.

If I sell and make a decent profit and the stock continues to go up another 200% or higher I have NO regrets about where I sold. I am trading my strategy and following my plan, I am not chasing profits!
I am grateful to have followed my plan and not deviated from it.

In trading, and in life, we all have our own plans and own rules. If we constantly brake those rules and deviate from our plans then our own life has no true direction or purpose.

Create a trading strategy that is proven to be consistently profitable, gather a plan to follow and be diligent in improving yourself, and finally execute your strategy and plan every single day.

It's imperative that I execute my trading plan and stick to my trading strategy.