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Re: kczey post# 11435

Tuesday, 05/31/2011 6:08:58 PM

Tuesday, May 31, 2011 6:08:58 PM

Post# of 94541
Traders create liquidity in the markets. This board is for anyone interested in OPMG, regardless of their position, as long as they follow the TOU rules.

There's nothing wrong with taking a profit when you're ahead. One of the biggest mistakes made by new traders is not taking profits soon enough. Healthy pullbacks/consolidation also create an opportunity to build a position if you feel the company has potential. I certainly believe OPMG has that, but I never fault anyone for taking a profit. Like you say in your siggy, "Always invest with your own mentality, as its your own money." We are responsible for our own gains and losses at the end of the day. We each have a different risk tolerance and should trade on that.

"Trade what you see" is some of the best advice given to me by a seasoned trader.

Cheers,
Thurston

Know Risk. Know Reward.