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Re: wolverine02 post# 1870

Sunday, 03/04/2012 11:05:13 AM

Sunday, March 04, 2012 11:05:13 AM

Post# of 2932
And, had you sold then, when the market began to rally, you could have just as easily bought back in. That is what you must do when you are trading. You need to improvise, adapt, and overcome any unexpected moves so that you can profit further. Then had you sold between $0.7 and $0.8 as I also suggested you would have take money out of the market twice and been ready to buy back in (if it still looks like a good investment) when the market finally finds support. As it is, you have most likely watched the market rally to $0.09 and did nothing and now you are still holding on to share that are eroding in price. What if the price continues to drop into the #0.00xx price range and does not comeback? With your style of trading, you would have a great story to tell your grandchildren about how you almost became rich. With my style of treading, I would have profits that I could have reinvested in other more lucrative investments and would not have to tell my grandchildren a story at all because they would be rich (and they are).

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