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That is simply not true. People that let their winners run normally have a target in mind, and in fact some people have two or three targets and may scale out at each target. You say you would have been happy with .50. Well there you go trading basically at a 1:1 risk reward. You will...

If I remember correctly he purchased hans near the 200 high before the 4:1 split for a nice 40% drop in equity. This is when he became the strategic "buy and hold" trader from the 500 per day daytrader.:D

As I posted earlier, I only had to look at the title of this thread and I immediately knew who started it. You over-react to everything that occurs in the market. You have no strategy or system. You are a complete joke when it comes to predicting or trading. You really need to buy a mutual...

There is only one chump in this thread. I think if we all voted on who is the chump you could finally win at SOMETHING!!!

OK, so tomorrow I will go rob a convenience store so I can improve my trading skills. Great concept.

Well I would have to say you shouldn't be in any stock before you have a price target established. How do you know what your risk/reward ratio will be? After the fact? Makes no sense to me.

There isn't anything I could add to THIS discussion. It's entire premise is so off the wall it isn't even funny. It has absolutely nothing to do with trading nor psychology.

Let me know when this becomes intellectually stimulating. Right now it is just a total garbage thread.

I believe I am getting the same "feel" as you are, but I am ignoring it. When my key indicators turn south I am out of the market, but right now everything is still GO!!!

The stock is bearish. It may have 1 to 2 dollar upside, but it has a 10 dollar downside potential.

All metal companies have been in an uptrend since 2002. Tie is a little different because it is more tied to aerospace than the general steel market. Metal companies are never considered growth companies. Tie and all metal companies are currently trading like growth companies which really...

It's a small company with a small float, and when the metal bull market ends this stock will go back down to almost nothing. IMO, that is why you only have 2 analysts following it.

LOL, as soon as I saw the title of this thread I knew IMMEDIATELY who started it.

I still see this stock in a pretty strong uptrend. I can see it hitting 39-40 range. I wouldn't short it, but that's just me.

I would say you need to set up procedures before you purchase any stock. Once you find the stock that appeals to you technically you must. 1. read the company news 2. find out their next earnings reporting date 3. find out what they do to make money and if their financial position is...

You had your reason to sell and failed to do so. Quit trying to justify poor trading habits. You've mentioned before you were a 500 per day daytrader. Your stocks tanked and all of a sudden you became a buy and hold investor. What's worse, you are trying to brag that you were right.

Do you really want to know what the worst thing is about how you handled your positions? You are NOW more screwed up in your trading philosophy than you were before. You failed to have an exit plan on your stock picks. Your only plan was to become a long term holder because you didn't want...

You only bought and held because you didn't want to be wrong. LMAO, you had dead money for 4 months to make 8%. You could have sold and bought an index fund and done better.

lmao. Your predictions were not predictions for the next 6 months, they were were predictions as it was happening. They were wrong. Get over it, you're not a guru.

The semantics of this thread are moronic. If you have an equal or negative expectancy you are gambling. If you play russian roulette you are not gambling, you are just an idiot that doesn't know any better. I'm definitely done with this assinine thread. For many of you, I am certain...