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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Dan O. who wrote (4391)4/4/1998 12:11:00 AM
From: J. C. Dithers  Read Replies (1) | Respond to of 34592
 
To those griping about losses ...

(I like "griping" better than "whining" ... anyone who was ever in the service knows that griping is healthy and is the best remedy for relieving stress!) Anyway ...

Several posters have referred to the "$5,000 per week goal."

I don't believe anyone has pointed out the obvious ... that the most important variable in determining your dollar gains per week is the STAKE you are investing. If you have $100,000 on the table, it's a lot easier to make the $5,000 than if you are playing with a stake of $10,000. Duh! Moreover, the bigger the stake, the more diversified you can be in playing the picks, thus minimizing the effect of a few inevitable losers.

If TM happens to read this ... I would suggest that the "goal" be stated in percentage terms rather than the dollar amount. That will level the playing field for everyone.

I HATE losers, and I can hardly stand looking at PEAFF and ACNTF in my portfolio right now. And I can't stand selling them at fire-sale prices, either. So I'm stuck.

But my own portfolio results do prove that TM is way ahead in winners over losers since the first of the year.