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OceanFreight Inc. |
One of the hardest lessons I have learned is that to panic and sell a
stock low after buying at a high one week earlier... is that is the
fastest way to lose money and investment power. Had I held those
stocks which I had freaked out over a 15% decline for just two weeks,
or one month at the longest, I could have seen 50-300 percent gains
over the last two months. Instead I have been busting my ass to keep
20% profits and then sinking it back in on the pullbacks. Still not
up like I should be. I went all in on AgFeed Industries when share
price was .94 and less than three months later it is worth 4.50/share
now. I have been working too hard to protect from losses and lock in
gains, when I should be letting these companies do the hard work for
me, see! OCNF will be worth 10x today's price in a year. But will
you sell it again on the next pullback and miss out?
Buy something decent and hold onto it, muzz. A lot to learn before
you go day trading with entire life savings... ; )
On May 12, 7:25 pm, muzz...@gmail.com wrote: