InvestorsHub Logo
Followers 0
Posts 10
Boards Moderated 0
Alias Born 04/07/2004

Re: Loser post# 64

Wednesday, 04/07/2004 5:01:35 PM

Wednesday, April 07, 2004 5:01:35 PM

Post# of 79025
I am interested in discussions on strategy, also. Several years ago, I bought into the “buy and hold” mentality, and only stopped the craziness after losing several . . . . hundred . . .thousand. . . dollars since 2000. Sigh. I did bad, my financial group did bad, have complete control of all my money now, and can’t say I have done any better. I read somewhere about needing to make 10% on each trade. Would see my profit get to 5, 7, 9, 20% over several months, enjoying the ride, then drop down to 2% or even –4% in a matter of days. Frustrated. Let it drop to –12% or -15%, and I panic and sell. I've been good at buy high/sell low, an excellent record, probably need to learn how to short, cause I can sure pick em.... I recently had a revelation that will help me, will share it when we decide where to post this kind of stuff. Would love to have input on how to maximize my profits.
VickiL

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.