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Re: Florinda post# 298

Saturday, 04/16/2011 8:28:39 AM

Saturday, April 16, 2011 8:28:39 AM

Post# of 420
Florinda, your post is interesting. I haven't owned YONG in ages, but I still continue to monitor this board.

Be careful regarding suddenly becoming a trader. A very high percentage of people do very poorly at it. As you well know, a lot of people on these various boards like to brag about their low buys and high sells. Not surprising, they always seem to buy at the lows and sell at the highs!! But, we NEVER hear about their high buys and low sells. NEVER!!! And, trust me, there are plenty of those. I don't care how many monitors they have at their disposal.....they still make plenty of bad trades.

But, yeah, it's always a good idea to stop and reflect on our individual investing/trading techniques. Nobody is perfect and we all make plenty of mistakes in the stock market.

I guess what I'm trying to say is that you (all of us) need to be very cautious when you begin to change your individual investing techniques. Often times this can lead to even greater losses because there will inevitably be another learning curve.

I'm thinking about trying to make some trades to earn back those losses rather than my normal approach of buy and hold. So far, though, that hasn't worked too well.