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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: StocksDATsoar who wrote (62584)9/9/2000 7:25:28 PM
From: LANCE B   of 150070
 
200 excellent post..that is the biggest problem with investors ,there own ego...the thinking that every stock has to make them money...this is not college football where you have to win every time to be successful...
then there ego leads to a bigger problem,averaging down on a loser.,..why throw more cash at a stock that is going down just so your cost average is lower....big mistake..
why not get over it and put that new money into something else... if you play the market it is about percentages,go make the money back in something whose chart looks good,or comes out with breaking news that no one knew was coming...

diversification makes money,not cost average...
we all buy losers...
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