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Re: Novice13 post# 154338

Saturday, 08/18/2012 7:11:15 PM

Saturday, August 18, 2012 7:11:15 PM

Post# of 289427
Yes,

That is a GREAT point.

If you have not mastered the TIME of the TRADE.

Then getting in and getting out could costs you LOST SHARES and with that comes more SHORT TERM CAPITAL GAINS tax.

If you are a novice...it is best to know your LONG TERM charts, weekly and monthly, and follow those.

But if it says to get OUT you should still get out, regardless of the tax consequence.