63 If you really like Cramer.
Hey I have read both of Cramer's books, and he is the MAN. I try to learn from my mistakes and the mistakes others make. If you know Cramer, His biggest and most important lesson is: (1. With any stock your only purchasing paper, trying to make money. 2. Stock holders don't own the company the bond holders do. 3. The company does not care about you, don't care about them. It is not personnel it is money, your money. 4. Buy and homework, which can mean in and out of a stock several times a year. 5. The most important and most backward way to think but you've got to learn it. Buy the stock when everybody hates it. ( Like this one ) You might have to hold it for a few monthes, if it level longer. You have got to sell it when everybody loves it, a very hard way to think. It cost me Tens of Thousands of dollars until I learned it all and a couple years. )
I knew the stock market was rigged, etc........ When I got my head out of my ass and implemented those lessons from Cramer I started winning. Yes winning, yes we are gambling, Yes gambling, call it investing if it makes you feel better. This is poker, betting on football. Pussies call it investing. Investments are savings CD's NO RISK. 4% or 5% a year SUCKS I need to make at least 10% a trade.
Yes a wierd way to look at it, If you want to win read those books. Charts help, but you've got to think like 1% of the people to WIN, or as some people say Have a good return on my investments, pussies.
Keep buying this stock will moore than double.
bpk
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