psychology of trading the 5 cent & 10 cent, page-3

tox - to trade or not to trade... ....that is the question!!

Each to his own I reckon! Some on this forum are long-term investors with all sorts of different criteria, ie: tax issues etc.

Others are more into the trading side & have different goals & parameters by wich they trade. My brother has been an avid investor/trader for over 30 years & is TOTALY unemotional about a stock. He buys PURELY on t/a and sells purely on t/a. He has made bundles on the market & makes a full-time living from the market. He also is president of the ACA & has written his own charting progam (a pc programmer by trade). So he knows his stuff & I NEVER argue with him.

I like to view myself as "in between" I have held TOX since 2.7, and TOXO since .6 - However I have also traded on top of that.... at one stage I had 100% of my funds in TOX(O)!!!! Scary, even tho I am super confident of where TOX will get too. So I keep my base & trade others in & out on T/A. So far I have been spot on & am up 150% in my TOX transactions over the last 10 weeks.

So dont bag traders - & traders dont bag l/l holders. Bag those that make those that ramp once they've bought & make those flaming calls straight after THEY have sold - boy that really cheeses me off!!!

By the way has anyone received a postcard from macrae in Cuba yet? .....

RLOL


cheers