Take today, for example.  Some time ago I bought $YGII/$YGYB in the 5's, and eventually $YONG (same company, series of uplistings, etc). I put the position from the 5's in my long term account, then on September 9th (less than a month ago) I added 15,000 trading shares of $YONG at $7.  It went up and down, sometimes red days, sometimes green.  Overall I held strong until today.  I sold the entire trading share position only (keeping my long term position) in the 9's.  I made over $45,000 in less than a month in a realized gain.

			@MicrocapTrader Oct 2 2009 12:15PM CAGC sure seems like one that would be up your alley...not much different than SKBI and TRIT in terms of setup. Also radar CNDZF and CNDWF; Rodman Renshaw bringing them public later this month; $15M offering so it will be very thin.

			@Spartanopolis Oct 2 2009 1:16PM I'd still take Ms. Santa Claus.

			@c_e_pons Oct 2 2009 1:38PM Funny.. I had told @copperstl that as a follow up to her note the other day about jumping bean, she should add something on fear.... this is right on. Thanks for sharing. Helps everyone keep things in perspective and focus!

			@planetstock Oct 2 2009 2:28PM Great advice and thank you for sharing. It takes discipline no doubt. If you are sure on a stock add on the dips. Anyone think $GSI us a steal here? I do but would like to get some opinions on this.

			@xtianx Oct 2 2009 3:21PM thanks for sharing. yep, fear and greed are the 2 biggies. i didnt sell any $nep or $synm this week [or anything that didnt hit a green target], and have been nibbling on pullbacks the last 2 months, thought both are in the red overall--multiple accts. today, i added more $best after scalping which is about even--bot at 1.33. no panic here.

			@stockgod Oct 2 2009 4:34PM I used to freak out in times like this, we all learn one way or the other. As I always say though, the best education is usually the most expensive one.

			@Mengstr0m Oct 2 2009 4:40PM It's a tough lesson to learn (and expensive), I'm definitely new at trading and it's so hard not to let emotions rule. Now I understand why books dedicate chapters to it. Great post SG!

			@ankit_patel Oct 2 2009 10:01PM Thanks for the great advice!

			@stockgod Oct 3 2009 9:35AM Someone sent me an email on this blog last night. She basically asked why I wouldn't just wait until October knowing that there may have been a big dip before adding. My answer to that is pretty simple; I'm not completely satisfied until I have the maximum position I want in a company that I like. Anything could happen, I'm not an insider, I have no idea what news will come out when - I just know I like the company. Take for instance the recent news from NEP. Had the market been strong then NEP would have hit $6. When I like a company there's usually good reason. When I like a company I assume others do too, so you never know what might happen when. I hope that helps. The best way to deal with the red days is to face them head on. Start by going for a jog, bike ride (get away from the computer). Eventually when you're good you'll be able to sit in front of the computer and do other trades while taking it in stride.

			@Batgrl85 Oct 3 2009 10:05AM thanks SG, great post

			@josetaylor Oct 3 2009 12:26PM SG, do you ever use stops?

			@stockgod Oct 3 2009 12:29PM jose, no. only use stops if you're betting on a momo play with zero research. stops are for technical traders, not my style - i never do them never recommend them. useless traders have told me that telling people not to do stops is "really bad advice", so be careful.

			@jlcnuke Oct 3 2009 12:55PM In my experience, stops are used for trades, and should be avoided for investments. If day or swing trading I find stops necessary to protect the initial Risk/Reward ratio, but as you mentioned, that's mainly technical trading. Nice article btw :)

			@jcgodfrey Oct 4 2009 10:28PM SG, i'm starting to research in the market at age 25 and am finding that i am loving research and speculation and the work it takes to become an investor. i wonder what advice on the fly you would give to a person just starting out with $15k looking to support his family down the road purely through trading? i am smart and a fast learner, and respect advice from well seasoned professionals any day! thank you for your efforts!

			@DGAFPat Oct 5 2009 4:32AM lcnuke... by having no stop for an "investment" does that mean you will hold all the way down to zero? ...there's no point where you will cut losses, but will simply continue buying? If so, that's nuts.

			@stockgod Oct 5 2009 8:16AM @DGAFPat, I would never buy all the way down to zero, in the last 10 or so years I've learned from my mistakes, I only buy the deals that I believe in. The ones I know nothing about I'll play short term for pure momentum. In the case of the stocks above, I'm long, let's see what happens :-) @justincgodfrey uh, tough question. With 15k I would start by investing 5k into a really good fundamental play (but rated speculative). I'd leave the other 10k on the table as cash just incase some momentum plays come along. You should think about following @kunal00, @urban_ryno, and @copperstl for great momo plays... @DoNotLose has some great l/t investments, though no favorites.. It will be very hard to turn 15k into something you can support your family with, we don't have that many "March Lows" left..

			@ZippyStock Oct 7 2009 3:26PM StockGod: How would you advise smaller investors who want to reach your level of available investment cash from a smaller start point? Your system is very successful and would I think be everyone’s ideal. So, how to get there if the money isn’t already in the bank? If people took smaller positions in your medium-long stocks would they be able to “trade up” or is there a different approach for new entrants with less cash? The first time I read your Tweets I traded four stocks you mentioned in the day and exited with three in profit and that was with small positions. Your thoughts?

			@aliasTuck Oct 8 2009 7:51PM Stockgod:I have learned a ginormous amount of investing and trading from you and I really appreciate how candid you are with everyone. Today I sit with 5k shares of $puda,5k shares of $nep and 5k shares of $synm, along with a bunch of other similar positions; cash being my biggest! Thanks for everything that you do.

			@stockgod Oct 8 2009 8:53PM thanks guys, @aliasTuck like your positions -- i'm big on longs, and then a smaller amount for gambling. @zippystock, hard to advise on that - take Kunal for example.. the guy is probably one of the best executive recruiters around, yet he day trades for additional cash. he's holding down a flexible job paying him 6 figures while he works out his retirement trading. it doesn't come overnight, or easy -- you just have to hustle ... i started a company when i was very young, took years of hard work to build it up to a point where i could have extra cash to invest & trade. i have some great stories to share, eventually it'll all come out.

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