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Monday, May 10, 2010 7:49:18 AM
Last year I did extremely well from some of my trades, OK on others and not so well on some and even disastrously on one or two. Overall for the year I was up about 600%, which I was very pleased with, although of course one has to consider the market. Last year I was trading high risk, very volatile pinksheet stock. I was lucky with some and less so with others, but to make sure I did OK overall I only ever took small positions and I always took profits as soon as I could. This of course is trading 101.
Here is the difference for me this year with KATX. Whilst KATX is still a pinksheet company with all the risk and volatility that this entails, I have been able to accumulate so much DD on it, thanks in a very large part to the excellent research that has been so willingly and generously shared by all here on this board that I have felt able to take a much larger position in KATX than I could have done with any of my winners from last year.
Nothing is a certainty in trading, but I am very, very confident with KATX. Someone else is as well, to the tune of $5m. I think VALE is too...
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