SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lakers17 who wrote (45052)4/27/2000 9:54:00 PM
From: sueconner  Read Replies (3) of 150070
 
Lakers: your comment about selling at a loss to chase new stocks reminds me of that old joke: "How do you make a small fortune in the stock market? Start with a big fortune." Some of my friends flip in and out of stocks too much and have too many stocks to keep track of. You're right, you'll just erode your principal. I think some of this may be due to the excitement of gambling. The daytraders interviewed on CNBC tonight talked about the excitement they experience when trading. On the other hand, I've learned that I have to cut my losses a lot sooner when my stocks are going down and go to cash so I can buy on the dip or buy back in lower. I am looking at an index card showing my entry price & number of shares for each of my stocks. In every case these stocks went much lower & I held. I don't think JB would have done that, do you? If I'd sold sooner, I would have been in a position to take advantage of recent dips on Golden List stocks. It's the bottom line that counts. In the future I will be a lot quicker to sell, and a lot slower to buy. You see how these crazy stocks fall back even after good news. Look at ARYN today. I was tempted to jump in (I've made money on that one before), but I bet it would fall back again, and it did. If you miss one, well, there's always another stock! Enjoyed your post. Take care. I like the fellowship on this thread. Very different from the sniping & carnival atmosphere elsewhere.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News