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Playing & Trading Strategy

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My philosophy

Posted by: ndmaster on Mar 08, 20:02 in response to MitchC's post Playing Philosophy.

Buy or short max on everything. Depending on how much you play, if something goes against you, you have to test your conviction. Do you believe it will go your way, or did news change the outlook?

You need to learn what different types of news releases effect on stocks are? Temporary, long lasting, etc.

As a billionaire, don't worry about big $$$ losses, it comes with the territory.

The more aggressive you play, typically, the more you make. This isn't rocket science.

Playing Philosophy. MitchC Mar 08, 10:54

If you are a billionaire its go big or go home. Buy max of the best investment, then the next best, repeat until out of money. {nm} DTravel Mar 08, 15:08

My philosophy ndmaster Mar 08, 20:02

I read this on the board a few months ago. Short what you just sold and buy what you just covered. Do it to the "max" GruntNoNeck Mar 09, 09:24

I always max on everything I buy (or short)...it's only play money and nothing worse than owning 10K shares of a blockbuster! {nm} Flash Mar 10, 05:18

I max, either way, if I want to invest, and I radar if I just want to keep an eye for later decision... {nm} Lukasck Mar 12, 13:01

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