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Re: YoungQuixote post# 5286

Saturday, 06/02/2007 3:45:06 PM

Saturday, June 02, 2007 3:45:06 PM

Post# of 22167
Yes,you make some valid points.However the point being are you a short term trader looking for a fast buck or a invester in the stock.If you were a short term trader its up to you to put in your stops and move on.As a invester you look at the long term prospects of the stock.What I find interesting on this site people who have sold out of MRVL were likely over invested to begin with.It comes down to money management.You should always have the capital,as i do to double down as they say.I love when people quote how much they have made %.That to me means noting.A 100 return on 100 is 100% big deal.Put real money down.Play all the options you you like,to me its a suckers game.Buy the stocks hold them make real money.If you can't afford to lose or hold use your stops.I personally have never used a stop in MANY MANY YEARS OF TRADING.To me its the red flag i'll take this if you bring the price down.Most people who enter the market to trade to start with are far to under invested.My advise you should have a 50,000 at least and no more than 10,000 per investment.Paper trade for aleast a year learn the market and than maybe all you economic majors will make a $.Just getting pissed with all the whinnninnng.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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