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your comments on the other board seemed wise - do

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Post# of 9964
Posted On: 04/10/2014 10:47:09 PM
Posted By: Delta
Re: jpyrett #777
your comments on the other board seemed wise - do not watch the tick by tick... I would also recommend you find a second stock to bide your time with... learn new things... I also suggest - NEVER hit the ask unless you really need to... Runs are created by many people wanting the same thing at the same time... Like Xbox one - two weeks later you would have had no problem getting one. Hitting the ask is turning over profits, find your buy point and execute, always have a sell point in mind, and that can change based on new info... But Selling is the most important part of the game for short and mid term plays... I think for you (7 million shares, right?) - keep 5 million... sell into strength on the end of a run with the other 2 million...in time - it will be 3 million and 4 million... this is trading. you do it for yourself and your family. You do not do it to help you fellow traders who in no way would help you... they have family also... just keep that reference in mind.... its a dog eat dog world and you are wearing a full milk bone suit.


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