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Re: Susie924 post# 62

Saturday, 12/03/2005 11:24:43 AM

Saturday, December 03, 2005 11:24:43 AM

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I think what the Captain is trying to say however, and I don't disagree, is go into this with a trading plan. If you are an active trader then it is all about compounded profits. 3% profit on every traded compounded can go a long way. When you are investing with pennies assume that every company is a POS (stands for piece of shit) and try not to fall in love with the stock. Take your profits and move on. Sadly, in almost 8 out of 10 in all cases, I agree with the Captain there. Nice post. After all, people invest and actively trade...to make $$$. Make it and move on. Greed can kill. These are not necessarily my thoughts...I think I'm trying to paraphrase the Captain. Forgive me Cap if I'm incorrect...but this is a paradigm shared by many good traders and not necessarily an incorrect one either.

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