Enoxion and other interested traders.
Ok...I have a well-intentioned question for you: "When you could see the stock trading well below .10 per share at the time you first saw it -- and presumably had done some due diligence on the potential upside, why on Earth didn't you load up with shares at that time??? Several million shares have traded since then!!!
I have watched with amusement just how many people "talked about this stock as if it were the greatest investment opportunity of all time" when it was trading at 0.06 per share and you could literally buy as much as you wanted (because there were so many sellers in the market at that time)...and yet, they're / you're still scrambling to buy stock at THESE LEVELS??????
Actually, it's a loaded question because I already know the answer: "The reason why MOST people actually LOSE MONEY in the stockmarket has NOTHING to do with the potential upside of the stocks they buy (or look to buy), but EVERYTHING to do with their/your state of mind at the time.
You know who you are...and I 'feel for you' because fear and greed are what drive the markets... but only 'non-emotional, clinical, technical analytics combined with a very healthy MONEY MANAGEMENT STRATEGY will ever help you to PROFIT (and keep and grow those profits) from the markets in the long term.
I strongly suggest ALL of you who suffer from "indecision" go and buy Van K Tharpe's book..."Psychology of Trading" (Amazon etc.)
I have seen many of you claiming that you have "just managed to buy x amount" and are "still trying to get more" from the time the market reached it's recent lows of .065 (intraday low) right up to present levels. I need to remind you that "DOLLAR COST AVERAGING" is a theory that works well when you're buying into a FALLING market and don't want to try and pre-guess the "bottom"... but "averaging" your entry points in a clearly RISING market is just another word for INSANITY!!!
If you have done your homework you BUY on the DIPS and SELL into the rallies. But "BUYING" into the rallies????? Not a good strategy for long-term success, guys and gals :)
