Hey, don't be confused I am a daytrader by all means. I just borrow this classroom to post my ideas concepts and methods of money making or investing other than daytradings.
Our method is extremely different. you folks, daytraders are making 20-50 cents per trade, but more likely will lose a dollar or two or three dollars if you daytrader do not set stop losses.
Mr. John Paquet is a far-sighted investor, long term like 18 months to 24 months or shorter.
When Mr. Joh Paquet is sensing this Bear 2000 is ending,
and also Mr. John Paquet is sensing economy is due to come up better, he jump up the big gun and started to accumulate this Canadian No. 1 tech-comany, world No. 1 Telecom equipment makers, our beloved NT.TSE.
Mr. John Paquet does not need stop loss what so ever.
You know what it means "Accumulation" and my way of accumulation is average down by weight.
You want to know my accumulation go dig my posts and you can see or compute my accumulation so far.
Hey Claude,when market is so depressed and discouraged, it is time to "accumulate" otherwsie, you have have no this golden goose opportunity to do just that. Life time golden goose opportunity in deed.
All those cheap papers while Mr. John Paquet is accumulating is from those are depressed sellers like our CoulddWouldda, or like Vitalsigns who got hit few days ago, as he has to raise cash i guess margin calls stuff you see.
Soon markets will turn around from bear to bull markets, then what Mr. John Paquet makes big fortune. That is the way the market works.
John Paquet |
