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Replies to #29038 on lowtrade
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lowtrade

03/03/12 8:47 PM

#29039 RE: Slyder75 #29038

You want bigger gains, learn to trade, learn to sell.

This is how one loses while trading the OTC. Learn to protect profits and re-enter, if continuation presents a new entry oppertunity.

Holding long and strong is about the least productive trading style available. Because as retrace continues gains dissappear.

Selling on retrace and buying on continuation is not only a profits orientated trading style. But just plain logical.

Just spend a few minutes doing the math. The lower the price the higher the gains. The higher the price the lower the gains.

From 1 dollar to 50 cents is a 50% loss. But 50 cent to 1 dollar is 100% gain.

If you sell on the way down at say 75 cents, you lose 25% of the profit. Then it bottoms at 50 cents and you re-enter on comeback continuation, you gain 100% at $1.00.

So from a starting point of $1.00 you gain zero by holding a retrace long & strong, if it comes back to the $1.00. But you could loose 50% of your profits if it doesn't, come back from 50 cents.

On the other hand,if you sell at 75. You lose 25% but protect 75%. Plus if it does come back you gain 100% on that 75%, but lose nothing,if it doesn't.

So long and strong of a retracing stock can lose big or get back to even, on a comeback. And by selling and re-entry you can increase profits on any come back or save most of the gains if it doesn't come back.

PS; do you have any idea how many times I've heard "But this one is different!!!" ? Hundreds, but maybe 1 in a hundred end up being different. That's a fact and I wouldn't gamble on those odds, my friend.
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lowtrade

03/03/12 11:29 PM

#29042 RE: Slyder75 #29038

MCLN

Just shifted 6% of the OS to a VC or 107 millon shares for sale, Feb 14th 2012.
http://ih.advfn.com/p.php?pid=nmona&article=51187522

Weekly watch for new darkside play.

http://stockcharts.com/h-sc/ui?s=MCLN&p=D&yr=0&mn=6&dy=0&id=p88083187069