Fannie Mae-No Politics (FNMA): That is a tough call. I just posted on m...

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ThePennyDoctor

Re: lumpina post# 150604

Friday, 11/15/2013 9:22:31 AM

Friday, November 15, 2013 9:22:31 AM

That is a tough call. I just posted on my board that I am liquidating all my holdings to put everything in FNMA today; however, this is just my trading account, not my retirement account, and I will use a rolling stop. I don't like to give advise, but I think you should be careful here. I think today will be great, however, this is obviously a very volatile ticker and personally, I never risk my retirement funds on OTC tickers, no matter how sure the bet seems (especially if you can't employ a stop to mitigate risk).

Good luck today. Just remember, as good as a big profit feels, a big loss feels worse. Always live to trade another day.

Whoever loves money never has money enough; whoever loves wealth is never satisfied with his income. I have seen all the things that are done under the sun; all of them are meaningless, a chasing after the wind. Only trade for the sake of trading.