Replies to post #19258 on WEALTH UNIVERSITY

[ClayTrader]

If you're going to follow other people's picks, I would 'paper-trade' them first... meaning, do EVERYTHING the exact same as you are doing now, except don't use any money... that way, you'll find out whether or not your strategy is working...

Keep in mind, 'paper-trading' doesn't exactly simulate real life trading b/c you don't have any money on the line, however, it'll be able to help show you if you're on the right track.

[yanjhi]

Olldhamegg, maybe you should consider buying smaller amounts when you buy and try to get in to most all of His picks. I had to take that approach and it's working for me. JMHO
You may want to rethink COPI. JMHO

[Highlander TCBO1]

Oldham, I have been in the red since I started in October. Well almost, my first 3 picks (my own) were winners and I thought, how hard can this be...

I got "spanked" to the tune of 60% down in my portfolio. As far as the "learning the ropes" go, I'll show you the ropes burns anytime! I feel you Bro!

I've since clawed my way back up to being a little less than 10% down now. Also, I'm still not using margin, however weigh out the pros and cons and make up your own mind. Clay does bring up a good point though.

Like Chart says, it's not a race. Fact is, it feels more like a minefield sometimes. We need to learn to take the "next step" when we are comfortable with placing it there! JMHO