Replies to post #5082 on Tactical Air Defense Services, Inc.(fka TADF)

[RAGE1]

I too have got to thank frodo and every one else on this board for the info constantly brought to my attention. I started out with tadf upside down like alot of others. When the price went down I bought more and more and more. Now my accont is green instead of red. Now I can see I did do the right thing by holding on to tadf. I also see the huge potential for this co. I am now in it for the long haul.Thank You all very much.

[marianothis]

Nothing to worry about with P&Ders imo as the company is the real deal. Any dips will be bought up & we'll get to our price targets quicker.

can't wait, buddy

[Cardinal Grammeter]

When in Doubt: 20% Rule:

Calculate gain since pivot low.
When price falls 20% from pivot low to pivot hi, Sell.

This is arbitrary but you MUST have some exit strategy.

You could draw all channels and support lines, and if there are 3, divide position into 1/3rds and sell when each is broken. If you make enough profit and recover your initial investment, MAYBE let some money simply ride.

NUMBER ONE RULE: DON'T LOSE MONEY !!!!

Even if you only get 50% of a 5000% move, you make money and get richer.

FUZZY LOGIC RULE #1: If the idea forms in your mind, "Should I sell?" PLEASE sell something - even just 2-5%. Once you do this, you'll have a different perspective the next day: did I sell too much or too little?

If you are feeling Greedy, you should probably be selling. As far as Panic goes, if IBM, you probably should be buying, but with a Penny Stock, you probably should be SELLING BIG TIME.

ALSO, #1 RULE FOR BUYING in a DOWNTREND (especially a penny): NEVER, NEVER, NEVER, NEVER EVER DO THIS !!!!!!!!!!!!!!!!

You MUST be PATIENT and WAIT FOR A BOTTOM. Only then consider buying. If the bottom does not hold BAIL OUT COMPLETELY and wait for "next" bottom.

Above all, you MUST HAVE AN EXIST STRATEGY IN PLACE WHEN YOU BUY. The "20% RULE" while arbitrary is a "PLAN B" if your PLAN A failed (or you don't have a PLAN A).

It is difficult to follow ANY rule because you get emotionally involved. The most important thing to remember is DO NOT LOSE MONEY. Forget about profits.

If I had followed the 20% Rule during the Tech Bubble, I would have millions of dollars in my portfolio.

Envision your money stacked on a card table. If you notice that the money has caught on fire and is starting to burn, you simply put the fire out and remove the money from the table. That is so simple but why is it SO HARD to do this when a stock takes a downturn?????

The 20% Rule can save your butt,
Happy Hunting
Tom

PS. One other thing. Your entry point into a position is just as important as your exit point. If you find something that looks good. Do not simply buy it. Study the chart and find an entry point. Remember, if you never get to that entry point, forget about the stock because the good entry point is what dramatically increases your potential to make money on the position while minimizing losses if the investment does not pan out. You must be able to WALK AWAY if you don't get your entry point.