GREY:FNKLF - Post by User
Comment by
Triggermanon Aug 28, 2007 2:24am
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Post# 13309256
RE: Sold at 97 cents
RE: Sold at 97 cents
Funny. Andrew young old buddy , I guess you haven't been around this board very long.
I have been very successful trading FNI's entry and exit points.
By no means am I claiming I'm right 100% of the time. In my trading , I'm probably wrong 25-35% of the time. When I make a mistake or get surprised I am always willing to take a small quick loss , and I rarely get burned with a loss larger than 15%.
On the flip side, I take repeated 20-50% gains. I'm no homerun hitter , if a stock sell for 30% profit continues up another 200% then I don't dwell on it , I just focus on low risk/quick reward
technical moves.
You should try it sometime, it's very interesting and alot more
interractive than buying and holding....it also allows you to control your own money, not the market.
PS, listening to what Cannacord says , or another other house like they run , is a huge mistake and not a successful strategy.