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Re: USSilverBug post# 385

Tuesday, 09/13/2011 10:04:34 PM

Tuesday, September 13, 2011 10:04:34 PM

Post# of 935
Thanks! We're both pretty happy. She's a good...and tolerant woman. Hope to come back to a pile of SWC money. We'll see.

Yeah....I bought a bunch of NVAX in June at $2.00. Went to $2.18...shoulda sold....and it dropped to $1.15....shoulda bought more at $1.25 on its way back up....and shoulda sold when it went to $2.10. Now, it's at $1.67 or so.

I have some hard rules I follow in trading. When I follow those rules, I make money....but, then I get stupid. And I don't know when I get stupid. It's not a conscious decision. Definitely a mental game. Fear, depression, joy, cockiness,...all part of it and tough to master. These days, I don't have the level of emotion I used to have and I have a lot more patience. I think the best thing to ever happen to me in stock trading was to get absolutely scammed last year in EIGH. My loss was pretty much tuition in the school of hard knocks. But, still I have quite a bit to learn.

My strategy in SWC is just patience and adding regularly when it gets close to $13. I think $13 is about the bottom. Then, I'll start selling when it moves up into profits and the chart tells me to sell. If it tanks to $2, then it tanks to $2. Eventually, it'll come back up....and I'll have kept adding shares. It'll be a pretty ugly day to see SWC go bankrupt, split, or otherwise go under losing all shareholder value.

I GETS IT NOW