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Oz the OK

08/05/10 8:09 PM

#24526 RE: Talc Moan #24522

Getting your degree in trading can be the most expensive education you've ever had. The biggest learning curve IMO, is keeping the emotional genii locked in the bottle.

Here a couple of Ol' Oz's tried and true trading rules.

1) Never let emotion rule your decisions. Emotions can blind facts. Don't fall in love with a stock, don't dream of a stock bringing your fortunes and happiness. If you do, it will become a fickle mistress that will break your heart and steal your money.

2) Your trading discipline will make you a success, not any of the stocks/options/futures that you find and are traded. Learn to master that discipline. Set a loss limit and set a profit exit BEFORE you enter any position. Should the stock price move above your profit exit, let it ride, raising your exit point stop behind it. Learn to take losses if you are wrong. Think of a bad stock position as just a bad hand in poker. Fold and look forward to the next deal.

Keep your chin up Smitter my friend. I lost a lot more than what your 22+ million shares represent in my education decades ago...but I'll tell ya what...as expensive as my lessons were, this is still one blast of a way to make money. Everyday can be totally new and different. Remember the old trader's rule..."make sure you protect your bankroll so you can still play in the game".

GLTA
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got2bright

08/07/10 12:12 AM

#24543 RE: Talc Moan #24522

smitter..this is the pinkie world however dog..is right on this one they are all crooks frank pinizzotto would sell efln to his mom and than have them reverse it. a reverse is definitely in their cards IMO. they dont know anything else.. how can a stock trade 100's of millions of shares and not be diluted.. they can put out any PR they want if the news was that good they would be patient like us stupid investors and see this thing thru..but they do NOT they keep converting and converting.. any one who doubts my opinion please look back to last reverse and see we were at 5 million and now we are where we r. having said that old leopards dont change their spots. joey cillo and frankie p are NFG... and they we r as only good as the last suckers.. the new ones will be with us soon...IMO
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got2bright

08/07/10 12:13 AM

#24544 RE: Talc Moan #24522

smitter..this is the pinkie world however dog..is right on this one they are all crooks frank pinizzotto would sell efln to his mom and than have them reverse it. a reverse is definitely in their cards IMO. they dont know anything else.. how can a stock trade 100's of millions of shares and not be diluted.. they can put out any PR they want if the news was that good they would be patient like us stupid investors and see this thing thru..but they do NOT they keep converting and converting.. any one who doubts my opinion please look back to last reverse and see we were at 5 million and now we are where we r. having said that old leopards dont change their spots. joey cillo and frankie p are NFG... and they we r as only good as the last suckers.. the new ones will be with us soon...IMO
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got2bright

08/07/10 12:13 AM

#24545 RE: Talc Moan #24522

smitter..this is the pinkie world however dog..is right on this one they are all crooks frank pinizzotto would sell efln to his mom and than have them reverse it. a reverse is definitely in their cards IMO. they dont know anything else.. how can a stock trade 100's of millions of shares and not be diluted.. they can put out any PR they want if the news was that good they would be patient like us stupid investors and see this thing thru..but they do NOT they keep converting and converting.. any one who doubts my opinion please look back to last reverse and see we were at 5 million and now we are where we r. having said that old leopards dont change their spots. joey cillo and frankie p are NFG... and they we r as only good as the last suckers.. the new ones will be with us soon...IMO