12-30-2006, 11:39 PM
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Super Member
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Join Date: Apr 2006
Location: Nashville,TN.
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Quote:
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Originally Posted by Aufan 1983
That would be super sweet!!!
On a side note did you see where CLRC closed Friday? I told you I bought @ .12. Well it went up and started dropping back so I sold @ .16
Friday's close was .23......................  Sold one day too soon |
Your profit percentage on this one trade beats the returns of every major index for the year. As for the higher close after your exit, it could have been just as easily a 7c turn the other way,causing a loss. Preserving your capital and limiting your loss exposure are key to succeeding in the markets. Anyone can buy a CD and make a 4 or 5% annual return. You made a profit of 33% in days or weeks. Now, do that again. and again. and again.
Well done.
Good Luck
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