View Full Version : Let's make not lose money!
aSmithTrader
12-06-2009, 10:28 PM
Hi All,
I've been trading, investing, winning and losing in the markets for 14 years now. I've seen a lot I didn't want to see but I believe I'm the better for it.
I'm on a roll now and wanted to be able to share with others in realizing the potential from these investment and trade targets.
I believe trading is the secret to icing investing's cake but to maximize my return I see the target as the treasure chest in all this and so I put a lot of time into search and research.
I look forward to learning from all of you.
aSmith:D
ashleydoit
12-07-2009, 01:58 AM
Wow nice to meet you. 14 years? lol same here. Glad you made it here thank you for joining will be nice to see what you know about penny stocks
thelipper
12-07-2009, 02:00 AM
Welcome aSmithTrader hope you enjoy your stay here. I see you have alot of exerience on penny stuff. Penny plays are certainly the walk on the wild side but could make alot of money if you know what you're talking about!!
kingrichards
12-07-2009, 02:03 AM
Glad you join aSmithTrader hope you enjoy our forum and utilize all the tools here. Thanks.
aSmithTrader
12-07-2009, 12:25 PM
As far as what I know is that with the pennies - it seems like you NEVER know -- that's why they are pennies
However, we all know that there are penny stocks that can make you a huge fortune over a very short period of time.
But how can you find them?
That's my secret (but it's really no secret at all)
First do not trust your self because the reason you are looking into the penny stock world is based in greed - pure and simple. And greed is the wrong state of mind to use for any sort of trading. Remember pigs get slaughtered! I've learned that one enough to know it as a virtual absolute truth.
What you need to do is to find those companies that are making money (or certainly will be) and, most important, have the potential to make more in more than one way. 1. Revenue from sales with a scalable asset base to increase the income, 2. Shares in the vault, 3. Management (this should be number one of course), 4. Low or zero debt
As far as management goes put a lot of time into finding out about them, don't be afraid to call them - and TRUST YOUR GUT
Finally, trading: do as Warren Buffet says (and does) DON'T LOSE MONEY - trade without greed. Set your limits and stops with a clear mind.
You will prosper.
aSmithTrader
12-07-2009, 12:27 PM
PS - I will post my little finds here for all to share. Let me know how you do. You can also follow me at aSmithTrader on Twitter: http://twitter.com/aSmithTrader
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11-04-2010, 07:41 AM
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01-06-2011, 02:41 PM
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