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Re: Rsarno post# 11166

Monday, 03/24/2014 6:29:25 PM

Monday, March 24, 2014 6:29:25 PM

Post# of 51851
Stocks go up and stocks go down. Then, believe it or not, stocks go up again. Funny how that works. Funny how many people lose money on such a simple process.

This stock is not a mutt. The stock is just consolidating and retracing some of its massive early year run from under .02 cents. The market is never wrong. Traders and investors timing is what fails us. Our head and emotions causes us the loses, not the market. Guess wrong and you lose. Guess wrong with a good plan and everything oftentimes comes out okay to great.

My plan is to buy on the way down. That was part two of my plan, part one was to sell for a profit first day in on Runners call. That part of the plan failed, so on to the second part. Most of the time I use stops for a few pennies or up to 3% loss on any new position. I let winners run 10% or more and my average is 4 wins in 10 trades which makes me great money.

I've decided to hold and add on sector strength, the chart, the low share structure and fundamentals going forward. There are no worries here. This will turn and run. Until then, I'll be here and waiting.