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Richard, I SO appreciate your sound words. I have had to learn too many lessons the hard way. Before starting to trade online, I allowed a broker at an agency I won't name, but would be one of the first three traditional companies to roll off your tongue, based out of ST. Louis :), to persuade me to dump 318 shares of EGRP and put it all, + margin, into WCTI (WordCruncher Technologies), a SUPER hyped up stock that went from 3 to 36/share in one week in February. I was not familiar with the term OTC BB. So, not only did I miss out on triple profits on EGRP, I lost nearly $10000 on WCTI, because I let someone else do my thinking for me. SO, now that you have given some sound advice of what NOT to do.......lets say you were just starting out with a few grand as your base. What are YOU going to do? And, can you answer this question without naming a security? :) Thanks in advance for your time and advice. |
