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Re: makemoney18 post# 5575

Friday, 09/13/2013 6:42:53 AM

Friday, September 13, 2013 6:42:53 AM

Post# of 9014
Since this is your first APS play let me give you some advise that I wish someone told me when i started. If you can't be happy with 10-30% gain then you should NOT put any money in this stock. If you really did put $200k into this I am warning you! Do NOT EVER stop yourself from selling when you have a profit because you expect this to go to .30 or .50, as it probably won't ever happen! Do not expect it to go to .3 or .5 that is a huge mistake. You need to be satisfied when it goes to .12-.15 and be ready to sell at any moment. When it starts dropping fast DO NOT sit there and tell yourself "it's just taking a dip, it will come back!" That is how SO MANY traders lose half of their money before they realize that it's done! Trust me, its w lot easier to sleep at night when you sell when you are in profit instead of trying to guess whether the stock is going to rebound from the dip it took or not. APS pump and dumps are a quick way to lose half or more of that 200k that you probably worked hard for unless you can learn to be satisfied with 10-30%. That's $20,000 to $60,000 profit and that is darn good for a week or two of trading!

Just some helpful tips for a new Pump and Dump trader.