Replies to post #13570 on China Yibai United Guarantee International Holding (CBGH)

[WhisperingEye]

you lost 35% come tax time for day trading though :)

[WhisperingEye]

2012 was 0% for long holders

[NoWammiesSTOP!]

Its all in what you want and what you can do. I've made 300% in a day before. But 300% on a two year investment is still better then a savings interest rate. By far. If I could jump 300% everyday or every week I would. But I don't mind waiting for something that has potential to be a big board stock in the future. Or even just a mega running pinkie. Patienence has always helped me in this game.

Actually if I went with the one week holding and selling idea I'd probably be out of the game by now instead of being postively positioned (by a respectable amount) over my original trading investment.

Like I said whatever works for the trader. But for me, two weeks to a month is what it normally takes for me to get the gains I'm looking for. And if they take longer but are not giving me a reason to become doubtful in them, I wait. With that mentioned. I'm still here....

For what its worth and as always imo