Thread: Money Stocks
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Old 07-01-2013, 11:04 PM   #37
KC native KC native is offline
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Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $10049239
Quote:
Originally Posted by ReynardMuldrake View Post
I bought in FNMA at $1.60 back in May, rode the bubble all the way above $5.00, and back down to $2.00 ish. I could have had a 200% return in two weeks if I hadn't waited too long. Still made money though.

I wanted to buy TSLA back when it was under $40, but I let my fiancee talk me out of it. "Why do you want to buy Tesla? They're at their 52-week high right now."
Perfect example of what I referred to earlier. Average retail investors are good at picking winners. The difference between them and the pros is sell discipline and position sizing/portfolio management.
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