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Re: KyleTrader post# 130538

Monday, 04/28/2014 4:19:29 PM

Monday, April 28, 2014 4:19:29 PM

Post# of 143047
Though this is not always the case, one can look at quite a few tickers and see the 100-1000% move from trips or doubles followed by a "collapse" only to rebound to new highs and become 10,000%

That's how the saying the rich get richer comes into play. They want as much of the pie as they can get and are willing to loose a couple bucks here and there to drive the price down.

By driving the price they can trip stop losses causing artificial dip or more importantly retail investors get nervous seeing their 100% gain vanish and quickly sell before they "loose" it all.

that's why it is best to take profits and recoup initial investment and let the rest ride. That way you can't loose and on the chance it does dip severely you can simply reload for the next leg.