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dffhogs

09/23/16 12:39 AM

#25650 RE: wadegarret #25648

I think the bold below explains it. You are a very short term trader. If a stock your in drops, you post 6 times a day, if it goes up, you brag about your gains....

How many long term gains do you declare a year? I think it is zero. Most people diversify. They may have 20% invested in your style of investing with the rest in mid/long term/ divi plays... That's how we sleep at night and not worry about day to day price swings..... Just saying and In My Opinion....

I probably do about the same homework on a stock now as I always did. Only thing is, with my success, I graduated from microcaps to smallcaps($100M-$5B market cap) almost entirely by 2009, and on a major exchange only. I find playing the more liquid smallcaps makes it infinitely easier to make quick profits, and move on the next, and almost entirely stops you from tying up your money for untold periods in fear of moving the stock too much when needing to sell quickly.