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QUANTUM COMPUTING

What I have observed about the stock market. The difference between the 2X win and the 100X win, is the starting position of the investor. A guy who can't afford to lose his investment - a working guy - will sell when he has a 2X gain. A rich investor, who doesn't need the money he invested in the stock, can and will wait many years and reap the much bigger gain. Same with losses....the small investor will tend to bail if the stock goes down 20%. A rich investor can wait through the decline and let the stock recover.

One thing I remember hearing from an "old hand" trader, was even if you're a "budget" investor- if you buy something, and it goes up a lot- sell enough to get your initial purchase price back out of it, but LEAVE the rest in there for a while, if there's a reasonable chance it might go higher.

That way, you keep your proverbial powder dry- but still keep some of the upside potential.

This guy seemed to do pretty well over time, FWIW.

Regards,
Gordon.
 
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