Quote Originally Posted by tony View Post
Lessons learned today..

When those funds clear from a previous trade and that money is burning a hole in my pocket.. just sit on it instead of forcing a new position. Case in point, had about $1500 left over from profits in ASFX last thursday. The money was to go into a new position or CBAI at a really good entry point but I couldn't be patient. PDMI was on my radar but I overlooked it and bought CBAI at around .0090, now CBAI is at .0072 and PDMI went up 94% today.

In a nutshell, patience pays.
Definitely a major lesson. I've learned that the hard way as well. Its not right to always be in some sort of position, nothing wrong with just sitting on cash for a while.

Sidenote - I hate ASFX cause I can't figure it out lol.