Euc...you're doing great.
I really appreciate your enthusiasm to dig and learn....but most importantly bring this board to what it should be. No pumping, mslp imo's, and a few reality checks from the experience.
I'm having the same issues as you ,Euc, cant decide when to pull out, play a swing.
Can tell you this.... I tried a swings and the "BEST" I did was about 7.5% on 18% avg swings. U really dont know when or how big.
With MSLP...its like I posted a reply a few days ago - it had a picture of empty shelves once you opened the post. But the post title was "Shelves Look empty" and I thought the comment referred to the amount of Shares available because NOBODY would sell.
I loved the idea of the share price rising, just because we hold.
Facts are simple: company sells, company spends, company grows. MP has multiple venues to generate revenue. MP is testing these multiple venues to generate rev and is "ATTEMPTING" to take action/responsibility to be profitable. MP hides total significance of PRs.
Unknowns: We have no idea the true significance of todays' PR......company is/isn't sure how big and how many markets they want to compete. Co. unsure of cost moving forward with goals/ideas/markets to compete. Therefore impossible to communicate with shareholders! (the ONLY way that this is going to make the big overnight push that everyone dreams about {including me, caue I'm impatient} is if they we're hiding that they were going after FDA approval and had a few Olympians endorsing their products for the London Olympics 2012)....that being said I have complete faith in the value of this company long term.....dates TBA!
As far as trading regularly...its actually more about money management! Plain and simple! Luck too! Thats how I got in when I did! On a good day I know and appreciate my luck. Bad day and I bash myself!
If you got the time and the money to play 3 levels of resistence you will be very successful. If you only have the time for 2 or 3 levels you can get wiped out....then you'll tell yourself that you wish you didn't trade daily and sat and waited.
Good luck! Its my 2 cents! And I contradidct my own IMO's!
Keep the post coming! TRYING to be a realist not a pesimist.