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Re: eddieurrutia post# 9099

Tuesday, 01/12/2010 9:23:31 PM

Tuesday, January 12, 2010 9:23:31 PM

Post# of 28329
People that post about trading sub-penny stocks all day long don't post their losing trades; they only post about their winning ones.

IF you are putting ALL of your brokerage assets into buying and selling sub-penny stocks, and ESPECIALLY if you are actually holding them overnight, THERE IS A VERY GOOD CHANCE YOU WILL LOSE ALL YOUR MONEY YOU PUT IN THESE STOCKS.

You may have a good trade every once in a while intraday. That's great. TAKE THE PROFIT.

You may buy some turd really low, and one day, some internet goofball comes along and tells the world it's a great buy, there are a thousand posts on a message board about that ticker, and you have a chance to get out of that turd. TAKE THE PROFIT (or take the loss if you have to).

SHORT TERM GAINS ARE GREAT. But eventually, if you continue to pursue the strategy of HOLDING SUB-PENNY STOCKS, YOU WILL LOSE. IT IS INEVITABLE.

If you are unable to reproduce the results of some internet troll that posts non-stop about sub-penny stocks, you are early in the process of LEARNING the TRUTH.

DISCOVER THE TRUTH BY NOT LOSING EVERY DIME YOU HAVE, and listen to that little voice inside you that tells you that there is an element of truth in this post. AND MAKE YOUR OWN DECISIONS.

ON THE OTHER HAND, it has been said that losing EVERYTHING can be a good teacher in life. If this is the path you choose, you will need HELP you can't obtain from posters on iHub. This is a difficult truth.

I hope those of you reading this are not pursuing this path.

Trade with your brain, not with your emotions. Choose wisely.

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