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Re: rolo731 post# 5928

Thursday, 08/01/2013 3:17:02 PM

Thursday, August 01, 2013 3:17:02 PM

Post# of 12651
Thats why starting off never play with big dollars for years. If you have big dollars get an experienced FA to assist and open a small fund accout to trade OTC stocks. It takes years to understand how this works and some days at the end of the day it is down right criminal what they do. Reason I warn people before putting to much into one company. In one forum I read where a guy cashed in his 401k to play with 128k as a day trader with multiple years experience which led him into buying into a stock with everything like an idiot to find out it was fake. I think he got back like 3 grand. I never invest more than 5k into a OTC stock. Its just dumb and to risky but most importantly know when to stay cut losses or profits is the hardest. Reason why I cut my losses in last pump and dump of SAFC since I have many doubts.

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