Replies to post #10316 on Veltex Corporation (VLXC)

[george8]

>>.. I have been buying sub 1.00 and sometimes at 1.20 and selling whenever I note a downtrend following a rise..<<

You've made money because you keep your discipline. I lost money because I did not. My entry timing was excellent (bought the break $1.4, and $1.6 and then $1.8), but I fell into sleep when the "pump" was at full swing (best time to sell). And another mistake was made that I did not get out when VLXC broke $2 area (last chance to get out for profits). I turned a winner into a loser by committing mistakes that I know so well.

The loss is small change in dollar amount. But it is huge in percentage. And the teaching is as good as any other.