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Gold/Mining/Energy : Copper Fox
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From: louel4/22/2016 2:14:51 PM
7 Recommendations

Recommended By
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Hog Head
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mudguy

and 2 more members

   of 10654
 
There are basically two types of investors Traders or longer term. Many traders loose because they think like a trader when they buy. Then after acquiring the stock their mind set Involuntarily switches from trading to investing. They see price rise 20 or 30 % to the high side of it's recent trading range. When it starts to oscillate or cycle back to the low side they hang on instead of taking trade profits.
By the time it bottoms they are either back to entry level or underwater if they bought mid stream on the way up. At which time volume has probably dropped off from lac of interest. If bad news comes out price crashes and they are now really under water. Everyone waits for a dip to buy. Why do they not sell on the spikes ?

Most people think they can't be bothered with a profit of 200 to $400 their not worth the time. They aspire to doubles or ten baggers which are few and far between.
Lets say you were able to take a $200 profit only three tines a week. On 10k shares low priced stock it only takes a 2 cent rise for $200. Or a six cent raise once a week in one stock would be the same six hundred for the week. That kind of gain is not hard to find.

After discount brokerage of $20 in and out it leaves approx. $550 per week Now multiply that by 4 weeks it comes to $2200 x 11.5 months per year equals $25,300 a year in profits. Then times the 6 to 8 years waiting for Copper Fox.

Candles and the surrounding Chart formation will normally tell of a pull back. I sold TV on the upper shadow as it pulled back from the previous high set on 10/14/2015 it suggesting it may retest the 200Ma where I expect to re-enter.

The following book can be bought at any book store. I have recommended it many times and some have thanked me by inbox a year or two later. It is some times referred to as the Bible of value investing. Even if you use a Financial Advisor it puts you on a level of understanding where you can intelligently discuss your portfolio rather than not know exactly what they are saying and simply having to take their word for it.
" Like phone the Office"

conscious-investor.com
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