Chuck: I know exactly what you mean and fully understand. I could have written that to you a while back, but decided to believe in what I made a choice to stay with after I did my DD first. Just like yesterday, I had no idea what price I would pay for IBC, so I had to watch every second and I had to follow the market trend and was lucky that there became a frenzy of selling late morning and then a frenzy of heavy buying in afternoon and made the choice to stay with the play until 3:55, then sold. I missed getting the low by .04 and the high by .04 which is rare, so I consider that part " very lucky". I would pull every little bit of information first that I could and then go to every chat room avalible and read as much as possible. Even then I didn't know until watching the PPS action what I would do for sure. I fully understand how crooked the market really is, but it is the best game in town to increase your earnings, but at the same time lose in minutes what it took to make in a month or more. Pushing that button is one of the hardest things anyone can do, because the fact is the money is real and it is your money on the line and we have no control of what the price of the PPS will do for sure. Every one gets gun shy and that is just a fact of playing this game. The truth is we all are gamblers otherwise we would buy a stock and sit on it for the long haul and ride the ups and downs like our parents were taught to do. That was the norm and they usually would make a good return in the long run. That was yesterday and most of us know that the market has changed 180% due to the teck side of information provided now, which comes in both good and bad and which one needs to filter first as much as possible. We are dealing everyday with "crooked" CEO's, Market Makers, Borkerage houses, pump artist, bashers, and anyone that has the ability to steal your money. The odds are stacked against us more than most even understand or realize. We are on the low side of the information chain and that is a dangerous place to be. The SEC is a joke and can't even come close to guarding the hen house to protect the honest investors of today, period. It is all about billions and billions of dollars and when that happens you will be betting against a stacked deck and hope you are lucky enough to get a little peice of the pot. If you try and get greedy, they will show you that they have the upper hand and start taking your money until you fold with a loss. A good investor will pick a company with solid revs, honest mangagement and a good product or service and park their money for the long haul to try and make 10% or higher each year. We are gamblers and as such must realize that in order to make money we have to take the risk of losing some to make some on every play. I made my original money starting and building several business's, because I could contol the outcome. Same with my purchase of real estate investments, because they were under my control and no crook could alter my plan. Here in the market, I have no control except how much to lose before folding or how much profit to take and play it safe when lucky. I would tell you when I made a good play it was luck and you would say " no Walk, you made that play yourself and stuck with it. The honest truth is Chuck it is more luck than anything else when you make money trading the way we are doing here. You did your DD on those plays you made, right? and were just unlucky which will make anyone gun shy to push the button. I hope the next play or two brings you luck, because that is the only advice I can give you to be able to push that button with confidence that you made the right choice and end up with a peice of the pot. I could go on and on, but have traveled your same road many times and know where you are and where you need to be. This game of gambling in the market that we do is not much different than life itself. In real life you will travel on level ground, peaks, valleys and deep valleys at different times. At the present time in the market you are in a valley and the only way to get out, is to take a chance and climb until you reach the ground with some winners and then hope the next play will take you towards the peak. I wish you the best of luck on your next play, because in this game to try and make money we all will need it. Best Regards, Walk
