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Wednesday, April 10, 2013 1:50:35 PM
1.) Use only "play money" that can be afforded to lose.
2.) Buy at or near bottom. This can usually be determined by historical prices, trends and charting.
3.) Set a reasonable exit PPS up front. This can also be determined by trends and charting.
4.) Set a stop limit to minimize losses.
5.) Stick with the plan, don't get greedy and don't be persuaded to sell too early.
Again, these are the basics and are sometimes "easier said than done" but using these will make the investing experience a lot more enjoyable and less stressful.
OTCs are very risky and not for the novice investor but can be very fun and profitable. In no other market or investment can an investor make such large gains in such a short time. Even a 10% gain (which is small in this market) beats banks hands down.
As far as GDSM is concerned, it is down and that is disappointing to some who are holding, however, it is also an opportunity. Is it at bottom? Maybe not but it is definitely close and IMO there is a lot more potential above than below. As an example...
If $1000 was invested at 0.0005 (current PPS) and GDSM ran to only HALF of its last run, that $1000 would turn into $34,000. There is no guarantee of course but IMO, given the PPS history and liquidity here, the risk is worth it.
In that example, what is worse...
Invest $1000 and risk losing $1000 or not invest and risk not making $34,000? That decision is EASY.
All IMHO
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