I am interested in finding out what types of investing people do and the greatest success they had over a period of time. I am not interested in someone trying to sell me a product. Also, I am interested in finding out any failure they may have had in investing.

    Comment by
    qu1ck80
    29 Nov 2009

    I’ll tell you about some of my failures, you’ll certainly learn more from them!
    When trying to pick the bottom of a stock that’s fallen a lot, don’t buy your whole position at once! I did that when I bought Kohl’s, KSS, at $60, and then it proceded to drop past $50. I eventually sold it around $49 I think, when in fact I should have been starting to buy some more around there. The point is you never know how low a stock price can go, so it’s best to not to put all your money in all at once, because your timing might be wrong.

    Comment by
    slavaret
    29 Nov 2009

    I think the best success in investing/trading is consistency of profits when applying your method.
    Anyone can tell you a war story about a stock they bought that soared. But can they replicate that and do that in any market? How many losers are they not telling you about.
    I buy small cap breakouts in good markets, and this method has produced consistently profitable results over the past 5 years.

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