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Re: Myis post# 3023

Wednesday, 02/17/2010 11:31:46 AM

Wednesday, February 17, 2010 11:31:46 AM

Post# of 94140
trading on faith and hope is a losing strategy......trade on technical analysis and fundementals, but when you start throwing in terms like hope and wish and faith you're just going to become a bagholder........those words don't belong in a traders vocabulary.............start trading on hope and faith and you will lose....the market is ruthless and feeds on the inexperienced....my advice is if you're up, take profits and reload lower......if you hold at this level you'll just watch your profits disappear.......i hate losing money, but i hate losing my profits even more.......the market's so fast to change sentiment that you have to take profits when you have them.......this is a lesson I've had to learn over and over again........looking to get in below 0.02......will wait until he fills gap........