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Re: Kevander post# 124703

Friday, 05/21/2010 7:03:54 PM

Friday, May 21, 2010 7:03:54 PM

Post# of 179253
It might. Are you prepared to wait through all the MM games until then? That is something everyone should ask themselves and frankly should have answered before they bought (if they are in for the FLD concept).

No one here knows when the squeeze will happen or at what price point. Speculating about that constantly is about as mentally damaging as playing the woulda coulda shoulda game ("boy if I'd gotten in XYZ on that date and flipped it there and bought 123 and then flipped it on this date I'd be a zillionaire, I'm so stupid or unlucky or..."). It's more fun to count your chickens before they hatched but it perpetuates the emotional roller coaster ride that MM's will take advantage of.

Again, play it cool. Develop your plan and promise yourself to stick to it. If you are in for the float lockdown then be prepared to wait it out no matter how long it takes. If you are a flipper then you'll have a different strategy as will a shorter, the point is remove your emotions from the game as much as possible.

Educate yourself, don't play with money you can't afford to kiss goodbye, have a positive attitude, and don't watch the intraday so much without a big bottle of antacid.

BOOM!

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