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Post# of 47116
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Scragapenny

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Scragapenny

Re: Carnac post# 6855

Saturday, 04/24/2010 9:58:34 AM

Saturday, April 24, 2010 9:58:34 AM

Post# of 47116
Great read. I try very hard to follow those rules in my OTC trading and when I don't I have been left bag-holding a few times.

The number one rule that I use is: Play with RISK CAPITAL only. If I have to reduce my lifestyle to play a stock then it's not risk capital I'm spending. If I have to take out baseball money to buy 50000 more shares in order to ride a play then I am not playing smart.

All stocks (not just pinkies) have risk. Pinkies just realize that risk faster and more-violently than mid-caps and above.

- Any representation made within any of the above message is of the author's immediate opinion & may or may not represent true actions on or in part by the author. Any & all claims made are conditional upon a flip of a coin; do your own DD!

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