"What if you end up KEEP buying a stock that's headed south, like it gaps down 40% in 1 day like Trend Micro did the other day? "
Comments Very good point. That is why I have only traded QID and QLD so far. What you describe is called in STATS "The Theory of Runs" If that happens then One must consider taking a loss. IMHO.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.