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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: Mark in thoughts who wrote (15253)	6/23/1998 8:59:00 PM
From: David Fidler	Read Replies (2) \| Respond to of 50264

Mark , your neophyte comment "long and never selling" just gave me a whole new light on which to view your trading prowess! Since never selling equates to never taking a profit I thought i might enlighten you about how to do so. there is a book that is a true classic in the investment world called Remanessances Of A Stock Operator.The book is about possibly one of the greatest traders to ever live(Jesse Livermore) READ IT! Through out this masterpiece one theme rings true over and over again. This is a theme that every serious trader lives by. Since you obviously don't live by yours , please alllow me to paraphrase. KEEP THAT WHICH SHOWS YOU A PROFIT AND SELL THAT WHICH SHOWS YOU A LOSE. Pros know to cut their losers quickly because a bad trade can turn into not only a bad day , but a bad week month year even life.Veterans know stuborn mind sets lead to red bottom lines.Have you ever heard the axiom of letting your winners run and cutting your losers short? Cut your lose while there's still something to cut!