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Re: Wayne R post# 70563

Sunday, 03/10/2024 12:43:56 PM

Sunday, March 10, 2024 12:43:56 PM

Post# of 71211
Agree. When I traded MULN back in 2022 I had some really good days(50%+). They were a blessing as my daytrade daily average is less than 10%. That average is what I set my monthly income/expense by in my personal growth report budget. It's a consistent, proven average that does me well. As all well seasoned traders know runners run, but losses can be controlled with proper discipline. If a stock heads back up after I sold, I have absolutely no regrets whatsoever selling it. That controlled discipline will preserve your capital far more times than not. MULN had a few decent trading days since 2022, but couldn't compete with others for example when I posted on MULN "Winner winner daytrade chicken dinner" about a stock I daytraded for a very handsome profit of around the 100% profit that day. I'd have to look it up. Bottomline is you are absolutely correct wayne. Good days are blessings and bad days are not truly bad days. They are simply the cost of tuition for a valuable education to build your future on. Unless someone drinks while trading...then they are better off playing video poker, lol. If someone isn't going to take the education they receive while trading seriously, then they are only cheating themselves out of a good education while time marches on. I hope this post helps others as I like to pay forward the great advice I've received over the years and been fortunate enough to help others in the community with my good intentions and profits.




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