Hope everyone's having a great weekend!
After having scrolled through some of the recent posts here, felt I should add onto a few of V's points:
1. If you aren't good at day trading (remember very few actually "consistently" profit from DT!) why try & force yourself to it! I can't imagine people here think DT is the only way to earn bucks in the stock market, is it? Not to demean DT'ers but point me towards just 1 DT'er from around the world who has made it to the top 500 richest Forbes list??? I don't think you have one however you will find many MT/ LT investors in that elite global richest list - think about it!
2. When you identify a position & enter early, let me give my personal ex. for ease of simplicity...I entered PUR at 1.9c not long ago (around 3 months ago) with $5000 and it just touched 6c+ = almost $18000 in 3 months just from PUR...BUT most importantly I did that without having to look at my screen every sec, without the fear of stock tracing back without getting my BP up or my eyes strained (migraines, headaches common in the DT space). That's just PUR example, I have similar low entries in many such as VR1, VRX, EMN, LCL, SYA, EGR, RAN, QPM & all of these have bhagged from my entry...not boasting but just trying to add perspective that DT is NOT the only way to earn in the market. More importantly, for me personally I don't want to put my health on the line just for earning an income & DT believe me is quite stressful (BP & Hearth indicators can go up & eye sores/ migraines very common). I research go in low in some of the best companies out there & just hold them thru...doesn't matter market corrects, dips, stocks corrects or dips or whatever, if they are good they ALL eventually go back up as long as you aren't in the high volatile sectors such as gold etc.
One last point before I sign-off, I was surprised that experienced traders like
@rick64 were influenced by the pump and bought PUR at 5.3 when the base clearly was at 3c based on that I can imagine what these pumps must have done to most newbies and some experienced DT'ers out here, which is sad.
You only have ONE FAMILY whereas you can have many jobs and many stocks where if you loose one you can always enter other or re-enter the same but we only have one family, once they are gone they may never come back - set your priorities absolutely right folks!!!
Just my 2 cents and a different perspective to those who are struggling to DT and stressing out in their lives which may affect their family lives too...as V pointed out life & family is much more beautiful and precious than stressing out and forcing on things that aren't working out, try some alternates if you like.
Hope my rather long post has helped a bit in putting things in perspective for some!
