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kauferlie

10/15/09 4:16 PM

#1841 RE: investorwisdom #1840

I hope i have learned that lesson--after falling in it twice.

Cannot fall in love with any one stock.

I have done it, and lost!
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BlackThought

10/15/09 4:19 PM

#1843 RE: investorwisdom #1840

investor, i'm sorry if i let you down. i've learned a lot from playing this stock

1. never to throw the whole portfolio into 1 stock
2. utilize stop-loss at support
3. make sure to take profits along the rise
4. be patient
5. do not chase a stock on the rise

i also realized i'm not made fit to be a long term investor, i cannot deal with the day to day volatility. i chose to exit with a 10% loss which was much better than the 25% loss i was looking at earlier today. i will look for a re-entry tomorrow and practice my trading rules and see where it gets me.