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Re: TheProfit post# 1382

Wednesday, 09/05/2012 6:06:51 PM

Wednesday, September 05, 2012 6:06:51 PM

Post# of 14330
Hahaha, No offense taken OTC, trust me I understand, but from my personal experiences I learned a long time ago it's better to be safe than sorry so my golden rule of thumb is to always take gains when you have them that way you never lose. It's just my personal trading strategy and it's definitely not for everyone but it frees up time and money for me to try to get a quick scalp, daytrade, dead cat bounce, hop in when the shorts are covering for a quick scalp, play the stock news, fda plays and news, play the pumps and dumps, use the run-up method just trade anyway i can if i think i can get 10% gains or more. Like i say it's not for the faint of heart but i feel like it limits risk in a way than just letting it sit there and hoping for a stock to go up, i'd rather scalp once or twice a week then take the risk of hopefully waiting one day for that elusive multi-bagger because 99 out of a 100 times it usually never happens to the average investor. If you trade based on percentage and statistics it is far more profitable scalping and flipping quickly or fairly quickly any stock you can find than to wait 6 months or a year for one to double. I used this chart as an example, it's actually a pretty good idea, if you don't think scalping is profitable, try it for fun with any stock that you are interested in and start trading however you trade. This chart starts with a $140 trade and turns it into a Million dollars in Less than 1 year, take a second and read it when you get a chance http://www.stocksurvivor.com/ Good Luck to you though, Hope you Prosper...

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