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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Seeker of Truth who wrote (14514)1/7/2000 9:51:00 PM
From: RocketMan  Read Replies (2) of 54805
 
Malcolm great post. As someone who has to regularly attend meetings of margin anonymous, I have to agree that fear is much stronger than greed. In the three or so years I used margin, I had maybe 3 or four margin calls. But that didn't lose me nearly as much money as the many times I sold at the bottom to avoid a margin call. Excess margin is a sure way to sell at the bottom. Been there done that.

I still have a margin account, but now I am more careful in how and when I use it.
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