InvestorsHub Logo

OBI

Followers 6
Posts 556
Boards Moderated 0
Alias Born 03/11/2010

OBI

Re: Streett post# 51440

Monday, 07/11/2011 10:27:53 AM

Monday, July 11, 2011 10:27:53 AM

Post# of 58002
dont worry we all have different ways to trade. I cant say what works for me works for everyone and certainly in such case with this stock I can be wrong (though the fat lady hasnt sung yet). but my experiences has taught me that pretty much 90% of all my losing investment has always been the fact I did not stick to my original forecast and had I just hold on to it, all of them would have came out on top.

I've made investment based on the same TA principles on silver at 10 dollars, gold at 860 dollars, gold stock AUY at 3-5 dollars, bank of america at 2.5 and 3.00, washington mutual UQ shares at 0.08 cents, oil when it was at 45 dollars targeting 75 dollars. AMD at 1.5, etc are all winning positions

and some losing one as a result of exiting either too soon or gave up because I was swayed by all the negative comments and stupid fundamentals bs. Sirius when it was in the 20 cents, crox when it was at 1.5-2.00 and falling, Imax at around 6-8 dollars...phuck I dont want to think about them again... all if which had I held would have been something else.

So you see, I aint quiting now