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patchman

08/22/10 10:38 AM

#39355 RE: positive_gains #39352

the No. 1 goal is TO MAKE MONEY



It is interesting to watch investors talk about making massive money in the pinkies involving companies like BEDA.

At $0.0002, to make $1000.00 you would have to flip 10 Million shares 0.0001 (not including commissions). Based on the volume and the trading profile we see, how many are really doing this? BEDA didn't even invest enough money to re-purchase 10 Million shares.
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TalonThorn

08/23/10 10:33 AM

#39371 RE: positive_gains #39352

That's not my #1 goal. Bad goal to have, imo. It puts the focus on the money instead of the task at hand.

Better to have #1 goal as sticking to your trading rules. Making money is an after-thought; sure, you want that in the end, but you don't make money by wanting to.

Better yet, make your #1 goal character-building. Build your character and encourage others; give something back instead of taking it like most do in the market. At least then if you lose money you can be sure you come out with something worth more than money.