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lowtrade

08/17/07 9:42 PM

#20679 RE: gitonwithit #20676

People are different!! No problem with disagreeing. Whats good for me is not always good fro eveyone.

But I post on these boards mostly to relay things I've learned over the years.

I followed GTEL/GTE/GTEM for over 3 years with my stock trading business plan, which use too include holding a large lump long for 100% gain or 50% loss targets, on a 6 month schedual, while swing trading for 25% gains or 12.5% losses, swing trading along the way, on a 2 week time frame!

After having I don't remember, 15, 20, 25, 25% swing gains in 3 years and 4, 6 month long holds, with 50% losses.

I stopped holding long for any reason!!! On the OTC ! Now I bank profits, & re entry with the original cash amount. Without the long losses!

Just my experience. If long works for you & your picks, don't change. But if you haven't had good success with long positions in pennyland. Maybe some should re think their plan!

I don't post to change minds, just cause thought!! And help teach what I post about, if anyone is interested.