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Monday, September 22, 2014 1:28:51 AM
there are many things that I will look at
when I start my position
many times, I like to scale into the stock (multiple entries)
so in your example,
if you were to place $10,000 into INCC
you can scale into it based on the way the stock is moving that day
I will be scaling into INCC more tomorrow myself
at the open, I will scale in 25% of the amount that I want to put in tomorrow
if we used your example again, that would be $2500
I normally dont like buying at the open,
but just in case INCC jumps right out of the gate(which it has done plenty of times)
at least I have something in there working for me
now, lets say it goes down after that opening purchase of $2500
no problem, because I am still wanting to scale in another $7500
now tomorrow, as I look at the chart consolidate here,
we can get another dip tomorrow,
so if we start dipping, I like to use the 15minute chart to find that possible bottom
overall,
my belief in INCC is we are going to .03 to .05 rather soon,
Im really believing that for the short term,
of course this is only my opinion based off my own personal DD (i know people that live in Colorado that are shareholders and are on top of this thing daily,
I also know people in Florida that are doing DD)
because I feel we are going to .03 to .05 soon,
if I can time some dipping tomorrow, to gain a few ticks,
even better . . . .
good luck my friend!
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