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cabos_tacos

09/11/12 4:30 PM

#58952 RE: trade2much #58951

patience rewarded. congrats T2M!
the majority of the picks on this board are solid
sometimes they get blindsided with offerings, delays etc etc
in the past i used to give up and sell.

for sure, some just turn out to be losers and i take the hit

today? if i feel the pick got crushed for events unrelated to the product i average down and wait.

my profolio has performed much better with this strategy.

the key for me is to never put myself in a position where i dont have powder to play another pick without having to sell one that is down to do so

just my 2 cents