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lowtrade

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lowtrade

Re: picheljitsu post# 31049

Tuesday, 04/24/2012 6:31:10 PM

Tuesday, April 24, 2012 6:31:10 PM

Post# of 47295
You just witnessed why the #1 rule for trading is "Never chase a running stock!"

EMOTION overcoming logic. It's why pro's play in the OTC wild west. Sucker emotion driving price surges with zero value behind continued gap up price buying.

You did exactly what the big guys were doing. Selling into the run. Excellent day at work.

Now REMEMBER how this works, when day trading the emotional OTC. Take profits when they present. Get your piece of the pie, Don't hold for the whole thing. Be happy with what you get. And on and on with my sayings. Do what the big guys do!

Welcome to my mind!

Success to all
IHUB http://investorshub.com/boards/board.asp?board_id=3972
http://youtube.com/lowtrade
Incumbents: Fire them all!!

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