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Gobsmacked01

08/04/20 9:16 PM

#34238 RE: Dok cutty #34234

I think we've all been there. I've read and agree with some / most of the good advice you've been given so far.

1. DO NOT spend money. By that, I mean consider whatever money you use as being gone when it hits your trading account and it will never return. Now its just a number on your screen and when it gets to 0 you have to stop playing so keep trying to make it bigger cuz it automatically will get lower over time. Do your OWN research. Don't "Marry" the stock, increase your profit numbers.

2. Understand that economy stopping pandemics are not the norm and USUALLY you will not find a few unicorns in every herd of penny stock horses you look at. Unicorns really are rare down here no matter how fancy the dress is they are wearing.

3. The same people cheerleading a stock when its making them money can sometimes be the worst detractors when they are flipping and trying to buy back in low, but ONLY YOU will ever click on your Buy/Sell button. Have a plan, stick to the plan, and know how to tell when your plan is bad and that in the end it really was all your plan when you did it. That said, both the pumpers AND the dumpers can sometimes have good info if you dig enuff to check them out.

4. Investopedia or something similar is your friend. Visit often.
https://www.investopedia.com/investing-essentials-4689754

GLTU

-Go OPTI$$$$