Received 350 Karmas
jtran
jtran Feb 24, 8:19 PM

@GroundUp not sure what you have against this guy. Just because he isn’t posting his trades on Profitly or coming out with material it doesn’t mean he lost everything. All I know is that mason is one smart dude and knows what he is doing. He will definitely succeed.

atlastowander
atlastowander Mar 11, 8:24 PM

Thanks for the blog post man! Super helpful!

DominicanWolf
DominicanWolf Apr 14, 11:50 AM

Awesome post! It is inspiring me to keep learning the market and pursue my dream of being a full time trader! Thank you Mason

MikeyMoe
MikeyMoe May 19, 7:43 AM

Lots of good nuggs of wisdom here. I'm almost 2 months into the challenge now and glad to come across a post like this. It's refreshing to see some long bias, everywhere I turn it seems that people want to drop the hammer on stocks-ha! I can see where you are coming from with understanding the mindset of a short seller to help with long setups--Spikeability and Short Stocking have given me some perspective on this, as well as SEC filings and the book the art of short selling by kathryn staley se

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Received 37 Karmas
RichieRichW
RichieRichW May 13, 8:19 PM

way up into the .40's then crashed down into the single digits in about 10 minutes. I was new to penny stocks and had never seen anything like that happen before. But I was sure it was going to come back because it was there once already and why wouldn't go back there again. All the news was really good and there were positive PR's coming out all over the place. I was dollar cost averaging on the way down thinking that with more shares I would make my money back faster, which actually just made

RichieRichW
RichieRichW May 13, 8:20 PM

it all the worse. I held the whole time and the stock never came back. I lost over $25,000 all on HOPE and inexperience! The pump and dump, (the what?), was really on and the promoters did their jobs very well. Like I said, I was knew to the pennies and never heard of a "Pump and Dump". Well, I knew what a pump and dump was after that! Anyway, that's how I lost my virginity.

RichieRichW
RichieRichW May 13, 8:23 PM

By the way, thanks for the memories and the great story.

Jackaroo
1
Jackaroo May 13, 8:24 PM

@RichieRichW what a story... sorry to hear man. It really all comes down to cut losses quickly! Add to winners, NEVER losers, and never hold and hope.

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