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langlui

01/09/09 7:09 PM

#62259 RE: Profe$$or #62251

This is a true story and I have made $22000 since the beginning of December. Just by taking quick profits. I lost $22K in my account at the end of November 2008, but made $15K back in December, then $7k just for the first full week of January 2009. I have just made back all the losses i had in 2008. So comes 2009, I am trying to stick to making $2500 each week. Even if I can only make $2500 40 out of 52 weeks, i will still be up $100K for the year. The importance is take profits and of course stocks will always continue to run after you sold, but profit is very important.
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jerseygirl

01/09/09 9:52 PM

#62287 RE: Profe$$or #62251

I hope I have a job a year from now. LOL. My brokerage account is starting to move up also which is very important while I wait out the employment storm. Very tough. I'm in medical device sales and companies are just not expanding or replacing. Recruiters call me with opportunities and the opportunities fizzle out. But what the heck, my IRA is moving back up and I am making money in my brokerage account what more can a girl ask for.

Compound gains is definitely the name of the game.
You know I was did not even realize I gained that much until the end of the year. I was so busy keeping up with the trades and learning.