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Re: None

Saturday, 02/18/2012 11:15:51 PM

Saturday, February 18, 2012 11:15:51 PM

Post# of 19259
When you are taking profits, I take back to protect my initial capitol, I also buy in the dips and will be in and out several times in a PND..The real money is not made in buying once and holding to sell once, but in flipping.. You are in and out multiple times and after the first couple sales you are playing it all on their money.

I use percentages; ie If you invest $500.00 on a stock and it goes up 25-30% sell it or flip it.. Don't sit on it and wait to see if it will make 100% or more... Then you reload in the dip with 500 again.. Do it again Sell on the way up, to try and predict the top is not good trading.
When you can make 25% or more interest on your money in one day, stop and think what you will have by the end of one month.. Just remember to stay out of trouble you can only do this 4 times in 5 business days or you will need a day traders account.

Do your own DD, I am not saying this is what you should do , it is what I do.. Just an idea for those of you who want to marry the pig. And if it goes south be sure you have your stop loss in place so you live to play again. I have been in and out of NSRS 5 times so far.

All my posts are my OPINION only. Never buy/sell any security based on my post(s). I am not a market or financial professional.. I am only here for $$$$$$$$ myself.