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To: Cogito who wrote (147452)12/27/2012 5:22:50 PM
From: Trader J4 Recommendations  Respond to of 213173
 
Absolutely! One thing I've learned over my 23 years in the market is that after thousands upon thousands of trades, is to trust my gut and to always be objective about the facts. Not always easy to do in either case but when I do violate either of those two core tenets, then I will know that I've done so trhough just what Moon was saying ... watching my sleep pattern(s). When I'm too heavy or haven't done enough due diligence before taking a position, I WILL know about it.

The trading game and the long term investing game are two very different animals and tactical plays, but both can exist rather well. And I will trade $2 stocks as well, but they have a very special place in my portfolio. Any time I take gains out of a trade, I like to keep some aside for my "10 Year Portfolio". This port isn't a long term value or divvy play ... it's a portfolio of the next big thing BEFORE most know about it.

For example, as much as I love the 3D printers (SSYS and DDD - added both in the $20s), I've been steadlily building a position in ONVO for a few months now. Just wanted to clear up that generally I advise others to stay away from broken stocks, but there can be a difference.

Cheers

TJ