Replies to post #14238 on Value Microcaps Motherboard

[stanu78]

OTC...

I think you see that selling is harder because the end is open ended while buying point is a close end (will be closed by your selling action).. when you sell your action is done but there is consequences afterwards.. open ending.. whether the stock went up again or drop.. if it dropped of course we will feel relieved and think we did the right thing.. and if the stock goes up 1000% after we sell.. even it's 2 years afterwards we will talk about it.. and regret to some degree.. I often heard the word "I wish I had...." done this or not done this or that....

I feel the same way about being afraid to pay too much but mostly thinking that the trader might have raised the price short term and wait for the pullback to add (which sometime never happen and the stock never looks back). another reason that I mentioned earlier is due to psychological , feeling thrifty, not a good deal now.. I paid $1 yesterday and have many more chance to add, why shoud I pay $2 next week. Peter Lynch said that this happens for a lot of people... we then look for other deals out there though adding stocks that we already have could often be the best decision...

so for those who often average up and finding no difficulty to do that... congratulation.. it's not easy to do..

Stan
Thrifty and frugal is good IMO... not many people can be thrifty and frugal.. mostly they spend what they don't even have yet.... that's trouble with a capital t IMO