DO NOT FALL FOR THE 'LONG' TRAP 1. If youre new
Post# of 1584
1. If youre new to investing and never even spoke to an investment professional prior to clicking the 'Buy' button for a specific stock.. you shouldnt even be thinking about going 'long'.
2. The people making the real money are those who do NOT go long! Many of these people pump stocks, saying they are 'long' just to get unsuspecting investors to buy buy buy.
3. STOP FALLING IN LOVE WITH STOCKS!!!! Make your money and get out. i dont care if a stock makes a lifesaving medicine. Im happy for the product and how it can help people, but FOCUS ON MAKING PROFIT! Sell!... get out!.. and find another stock.
4. What is the point in holding a stock for 5 years through the ups and downs if you can simply buy on the down and sell on the up???
5. It's September 25th. This year is almost over. Have you made $10,000 profit yet?? If not... ASK YOURSELF WHY NOT! Investing is NOT that difficult. Investors make it difficult because they keep BUYING 'GIFT PRICES'.
6. PAY ATTENTION. Gift prices are the WORST GIFT. They rarely pay off in the end! Its a trap from cunning investors in order to trick unsuspecting / newbie investors to buy. This causes the price to skyrocket. Real investors then sell on the high, take profits.. causing the price to crash. They then tout 'GIFT PRICES!' which cause the cycle to repeat endlessly.
Perfect example:
https://www.tradingview.com/chart/?symbol=blta
Dont believe me. Go buy a stock as the price falls. i dont care. keep buying 'gift prices'. i really dont care. But if youre finding yourself coming into investment boards like this more for the social interactions than making actual profits... youre never going to make a dime.
If you still havent made real profits this year (after tax).. either FIGURE OUT WHAT YOURE DOING WRONG or keep doing what youre doing by continuing to waste your time, energy, and MONEY.
You do NOT.. i repeat.. do NOT need a trillion shares to make profit. You do NOT need to invest a billion dollars to make profit.
Invest. Sell. Reinvest in lower priced stocks. REPEAT!
Invest. Sell. Reinvest in lower priced stocks. REPEAT!
Invest. Sell. Reinvest in lower priced stocks. REPEAT!
Stop making it harder than it has to be. You can make hundreds of thousands of dollars by doing this. People making the big bucks investing do NOT buy into one stock, defend it in boards like this, fall 'in love' with it, nor buy 'gift prices'.
Its a TRICK! Its a Trap! Stop falling for it!
I have been working on a personal investment website but in all honesty.. theres no point. Everything i could possibly put in my website can be summed up in EIGHT WORDS..
Invest. Sell. Reinvest in lower priced stocks. REPEAT!
if i had my own investment board like Investors Hangout, youd create your username and password, log in, and see this and only this in big black letters:
Invest. Sell. Reinvest in lower priced stocks. REPEAT!
Then when you try to type something in your post, every time you clicked 'Submit', it would convert your post to this:
Invest. Sell. Reinvest in lower priced stocks. REPEAT!
Maybe it would be called www.joey68craycray.com
Ok, thats my rant for the night. Now get out there and make some friggen' money!
Not investment advice
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.