I've been trading in and out of a number of them I'd usually just hold. A few gambles have paid off nicely. A few haven't. But, in looking at my trades for the year my bad ones are 15% of total. So, overall, up.
There are very few I'll hold long term at this point. I've traded out of quite a few favourites to sit and watch and buy back in lower. Hard to time though. Walked away with profit too early on a few. But, overall, it's paying off, even with one really bad one. The key is to have more good than bad trades. It's all a matter of probabilities.
In Reply to 'I Need Help'
Been a very interesting day.
NNVC showing lots of resilience.
Accumulation and distribution. Great activity.
Volume for NNVC (no news) is excellent.
I got in at $3.98, so lots of cushion for me. I am going to hold and see what happens with all this volume. Accumulators are not done. Sellers are more likely to run out first.
Shorts for this rally should be out. If not, oh well. But, new shorts may be coming in.
Several resistance levels coming up. We apparently are hitting one today.
But, accumulation is encouraging me. PPS got hit several times on low volume and has come back on higher volume. Bought additional shares on one dip this morning for a fairly quick 5%.
I don't know if this accumulation is news driven, could be players taking positions. Word about NNVC may be getting out there.
Just a reminder, NNVC is not the center of the investing universe. Keep open to other possibilities, along with NNVC. My plunge into volatility today netted me 14%, and am in and out.
Long shot, but still enough time for NNVC to end higher. If so, it would be hugh technical.
