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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: bree123 who wrote (27084)2/12/2000 7:22:00 PM
From: bree123  Read Replies (1) | Respond to of 150070
 
I only started trading 9 months ago with only four hundred dollars. There are 3 important things I've learned.
1-Don't put all your money in one stock.
2-It's NEVER a BAD idea to take out your investment once your stock doubles
3-If you put money in a stock(remembering #1) and it falls, wait it out for a bit.It ALMOST always comes back up. I learned this one after buying into MDCH at .10 and freaking out and selling at .045 then watching it shoot straight up.(It's around .25 today)
I've been lucky and that was my only loss so far, although I've had to wait on some longer than I'd have liked, my $400
is now $3000 and growing, slowly but surely.
In short for all the new people who don't have much to work with, be smart, don't get greedy and soon enough your 50% profit will mean a lot more money in your pocket.
Bree