Investment Strategies

As the title implies, at this time I believe in a strategy that involves taking a long approach and investing in a few proven stocks and playing the short game and trading quite a few stocks. My father told me "It is just as good making a little money a lot of times". What he did not tell me was that it is much harder to become emotionally detached to your portfolio when trading short term. Today was not a particularly good day for me as far as stocks go, but I know that the longs will come back up. When short term speculative stocks pull back, I try not to panic. Everyday I learn something new. I did not learn this today, but when a trade starts going south SELL. At what point do you sell? 5% down, 10% down. That is up to you. You should have a strategy going in to a trade. I have my own strategy but I will save it for another post.