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norcalgold

01/16/14 11:26 AM

#55816 RE: es1 #55811

"as to make money in those 2 years, NBRI gave you plenty of chances to make money, regardless of what the price was doing in any given 2 year period. "

Damn rite. Some longs are so worried about their lost position made in the past they are passing up a golden opportunity that is smacking them in the face. Trade the swings before we get earnings rolling in... then hold. If your gunna be here you might as well make the best of it.

Hornice

01/16/14 4:15 PM

#55852 RE: es1 #55811

Great post, I have used this strategy to get my average down from .06 to .04 so now I can hold and not have to sell on pops and risk missing the boat on a huge up tick. Trading will help you bring down your average, but I always keep 50% of the position long just encase a miracle happens and our dream comes true.