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Joined May 27, 2020
Garbagio
19 followers
Reformed penny casino addict. Think I'm a paid basher? So did these guys - https://ceo.ca/sona?9b7b39913c24 https://ceo.ca/sona?80d8da2eb262 https://ceo.ca/sona?45580f9cda8f
The lessons I think I've learned are:
1. Don't invest in sectors you don't know anything about. (If you're honest with yourself, this should exclude pretty much every sector)
2. Don't fomo into random penny stocks. Most of them suck, but there's always going to be a group of people/promoters who think theirs is the best around.
3. There's almost always more cheapies
4. Stocks with cults tend to be that way because they're being worked by paid promoters. You can tell when the posters/bagholders seem a little too rabid. Another sign is when there's a campaign encouraging people to add poster x to a B&I list if they say something that goes against the pump narrative. The pumpers want you drinking the Kool-aid and not listening to inconvenient facts.
5. We may never know the extent of the machinations taking place behind the scenes.
Bullish on metals & green tech stocks that aren't pump and dumps.
Re: paper trades. I rarely close them unless I had some definitive reason for doing so (ie: PYR or SONA), or if I was in the mood that day.
Finest hour: CMC (sold off most between .80 and 1.50, thank goodness)
Worst mistakes: SONA (my noob mistake, but at least I realized that at 1.61). Not taking more profits in Feb. 2021. "Investing" in random shit on a whim.
The lessons I think I've learned are:
1. Don't invest in sectors you don't know anything about. (If you're honest with yourself, this should exclude pretty much every sector)
2. Don't fomo into random penny stocks. Most of them suck, but there's always going to be a group of people/promoters who think theirs is the best around.
3. There's almost always more cheapies
4. Stocks with cults tend to be that way because they're being worked by paid promoters. You can tell when the posters/bagholders seem a little too rabid. Another sign is when there's a campaign encouraging people to add poster x to a B&I list if they say something that goes against the pump narrative. The pumpers want you drinking the Kool-aid and not listening to inconvenient facts.
5. We may never know the extent of the machinations taking place behind the scenes.
Bullish on metals & green tech stocks that aren't pump and dumps.
Re: paper trades. I rarely close them unless I had some definitive reason for doing so (ie: PYR or SONA), or if I was in the mood that day.
Finest hour: CMC (sold off most between .80 and 1.50, thank goodness)
Worst mistakes: SONA (my noob mistake, but at least I realized that at 1.61). Not taking more profits in Feb. 2021. "Investing" in random shit on a whim.
User's Paper Trades
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