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jugs

11/20/17 7:48 PM

#1341 RE: WallStreetRocker #1340

You're doing great, really thinking deeply and applying your thoughts and doing your best to fit things onto a mental chart recognizing things of an historical nature. This is an important part of the process probably all successful stock investors incorporate to some degree or other. I do, too!

I just reset my NGL buy order for 200 units set to trigger at $11.25. Note: This is scaled to a one-day execution period, not my usual GTC. This is so because today's sudden drop suggests it was but the first of a succession of notable drops and I don't want to needlessly raise my cost basis.

If my order hits tomorrow, I'll reach for around $10.90. Again, I've got to stress that we don't want to grab a lot of units, thinking that the good price justifies blowing your wad. Better to scale more patiently, trusting that the first inverse bounce will likely yield other bounces ascending and the worst may well be yet to come.

Patience is key, something pete807 likes to mention every so often. And he's so right!!

I've been in NGL for three years now, paying almost $24 for my first units. I've been through a lot of changes in this stock and am now convinced our best days are ahead of us---and I don't mean years down the road. At my age and being a cancer survivor, I don't possess the patience to wait until forever to realize a meaningful gain. I'll accept smaller gains, as a matter of fact, should that be what we gain here.

I once wrote a line for a press release I had to compose, in which I stated:

I never met a profit I didn't like!



I think about this every so often as I sometimes sense investors don't feel especially good with their gains. Yet when I ask how they made out, they often did great, just not enough profits to blow out the windows.

Add enough smallish profits together and what do you get?