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Re: Ecostate post# 9838

Friday, 03/18/2011 8:13:28 AM

Friday, March 18, 2011 8:13:28 AM

Post# of 34897
FLTT GREEN coming up IMO....................

FLTT will probably have considerable profit potential for those who may be either lucky or skillful, just as with all stock, option, fund, commodities, realestate and business investment ventures. It's all about entry and exit strategy in each situation, when to hold and when to fold and I doubt very much that any practicing trader has not found themselves in a position similar to what you describe.

As I stalk my entry point with FLTT, I look for BUY and SELL signals that I can identify with rather than those others identify with. The play is mine, paid for by me, and I am ultimately responsible for any decision I make. I learn from other posters, but the investment strategy is completely owned by me.

STOP LOSS is probably one of the most difficult aspects of trading to grasp and even the seasoned veterans struggle with cut and run when the time may be right but not yet clearly history. A good strategist coolly exercises their trading rules with heartless conviction while many fall in love with their research, their sentiments, their position. LOL

I suggest that any of us should review our STOP LOSS practices, whether mental or electronic, the latter not good in my book as I do not wish to give away my interpreted options, so that we can benefit from the FLTT swings going forward. Perhaps some study is in order. Here are a few suggestions, which may be of value to some here. At least I hope so because each of our successes in trading FLTT will make the stock and the company healthier. Investors succeeding in any positions also contributes to making our trading markets healthier. That's a fact!

But first --- NOTE: Anything I offer is IMO and not intended as investment advise as I am not a qualified investment adviser. I'm just a small time amateur trader. Do your own duh duh ("DD") through research and studies and refrain from investing more than you can afford to loose. GL

http://www.traderslibrary.com/
(good sales and available editions, service and delivery)
http://stockcharts.com/
(compliments other charting services with chart school)
http://www.profitfromprices.com/Stoploss.htm
(found this in one minute of web search and is exactly info.)


HOW LOW WILL SHE GO? I've been waiting and thought several times that I had missed the boat as I sat with the last range of 0.007 to 0.008 but saw nothing to support the last run. Nothing surfaced that gave me any warm and fuzzies beyond this past run just being a little fun and games for some.

I still look at the 0.009 with considerable suspicion as still to date there has not been any FLTT life changing evidence of earnings to suggest that this venture will not only survive, but flourish. Indicators are still shinning South and the POST RS shadow was not washed away with the last pump, which failed for the most part. News is all pie in the sky with no dollars to offset dilution or the perception of further dilution. Example:

Flint Telecom Group, Inc. (www.flinttelecomgroup.com) (OTCBB: FLTT), an International Telecoms Technology and Services Organization, today announces that its wholly owned subsidiary Ingedigit International Inc. ("III"), is to become a significant shareholder in the Australian based Remit2Vietnam PTY. Ltd, ("R2V"), a company established in Sydney, Australia to market prepaid debit card and remittance programs from Australia and the United States to Vietnam.


I look for a 0.0008 ASK and do so realizing that I most certainly am at risk of almost immediately going into the RED and possibly getting stuck down on this bottom for a little while while I wait for some news worthy of its print. I'll not come in large and may accumulate on the next up curve with a tightly managed mental stop loss in play adjusted each day.

Who knows, one day we may look back and see nothing but a SHELL here. On the other hand there may be many plays in store for us with handsome FREE RIDES on the horizon. All of course IMO.

:)
.