So true. I have some stinkers that I leave in my portfolio just to remind me to either cut my losses if something is tanking or take my profits when it's green. I sold SOLF for a decent profit when I saw their 2008 earnings. Then it ran. I still don't get why it ran based on what I saw, but c'est la vie.
3% a day average on a starting balance of $3,000 for 20 trading days (1 month) = $5,418.33, on 40 days (2 months) = $9,786.11, and on 60 days (3 months) $17,674.80. My point.... there is your home run and it is a lot safer.
A fantastic post Brad I knew I was doing the right thing in making you an assistant moderator here. Thank you for reinforcing the paradigm that I'm trying to push across here. Very well said.