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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (38257)	4/14/2007 2:28:21 PM
From: Mr. Aloha	Read Replies (3) \| Respond to of 78409

It's the difference between an investor and a trader. An investor in a great long-term stock like ML will buy the dips and hold for a 10-bagger, while a trader will stop out on dips, buy on breakouts, sell at x profit, rebuy on news and good chart setups, etc. If he does everything very well, a trader might make more on a great stock than the investor, but the investor will have had a lot more free time, a lot less stress, easier tax preparation, and a smaller tax bill. More often than not, the trader will sell too early, not rebuy nearly as much, if any, and make far less than the investor. The investor looks to increase his portfolio X times over Y amount of time, while the trader usually looks to make Z dollars a year. I know -- I was a very active trader for years and did very well (or so I thought), but have found investing in great companies works much better for my lifestyle and multiplying the portfolio much more quickly.

To: LoneClone who wrote (38257)	4/14/2007 2:47:28 PM
From: koan	Respond to of 78409

Many approaches is correct. Many ways to invest. Buying quality plays like GGC, BWR, RNG and holding may be an especially good strategy if we are indeed in a secular bull market in metals. I have pretty much bought and held with BWR. I wish I had held MUM and MAI-lol.

To: LoneClone who wrote (38257)	4/14/2007 4:20:33 PM
From: jackjc	Read Replies (1) \| Respond to of 78409

LC that is an excellent blueprint for a high probability, high bagger reward, if in a bull mkt, and that is what I try to do. Have had many multibaggers inc tenners and higher with this approach. It is a rare short term trader indeed that comes out with comparable results. And with a lot more effort and strain. But as you say, each to his or her own preference. There is no doubt need for many to be at the racetrack so to speak. But we long term people need to get out when the bull dies, and that will be the hard part to recognize. It will look unstoppable then. Nowhere near that now IMO.