penny stocks emotional attachment = disaster, page-44

Yes I take losses Katoom but only when the companies circumstances change to my basis of original investment.Since I have been doing what I do I have a strike rate of 9 out of 10.So I get 9 right and 1 wrong.Mind you I would probably only make about 5-10 investments a year of high conviction.I am a very patient person and if a stock I hold drops for no reason other then traders I might be buying more.I might work on a company for a number of days and look into it.Visit premises etc to make a living.I am very choosy with what I buy and set a buy price on a stock and don't go over that price.There is probably only 2 stocks I would buy at the moment and I have a fair few on these already.