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Re: luvtradin1 post# 58585

Tuesday, 06/12/2007 9:26:46 PM

Tuesday, June 12, 2007 9:26:46 PM

Post# of 115222
I know someone that bought a stock at 0.125 just like you, And then the stock went down to 0.10. He didn't sell, went further down to 0.08 and he didn't sell, then went all the way down to 0.01. It has been 3 years now, and he still never sold. And when i asked him recently about it, he said, oh its fine, still no losses. I laughed harder than i laughed today.

And let me explain something to you. Instead oof watching your losses increase. You shoudl have sold at 0.14 last thursday and bought back now at 0.10. this is what i call trading. Your school of finance havn't tought you how to make money.