Friday, February 09, 2018 4:20:00 PM
Thanks. But it's probably just one of numerous games the MMs play all of the time on all of the stocks. And there are lots of MMs, each with their own bag of tricks. Sometimes even if you can see right through their games, maybe most people still fall for it, and their games work for the most part anyway. So often it's just better to "go with the flow". Don't worry about paper losses if you can tell it's a manipulated dip, and if you can, make use of those bottoms of those dips as a good point to buy in once you think the dip is over with.
I'm sure no expert though. Just a regular Joe trying to play the game successfully. If I was clairvoyant, I would have sold it all at 12 and bought back at 7. But really I had no idea it would ever get that low, and had no idea that it would suddenly turn around when it hit 12. I sold maybe 10% at 11 something and then used that money to buy back in several times as it went down, thinking there's no way it could ever get lower than that, and then it did. I was able to scrape up some money out of my checking account to get some at I think 6.91 way down near the bottom, so that was nice.
I'm mostly a long. Trying to time the ups and downs is pretty difficult because they're so unpredictable. So I'm about 90% long, and 10% playing around. It usually turns out that staying long is the easy way and best way, because over the long haul this whole sector is great.
I'm sure no expert though. Just a regular Joe trying to play the game successfully. If I was clairvoyant, I would have sold it all at 12 and bought back at 7. But really I had no idea it would ever get that low, and had no idea that it would suddenly turn around when it hit 12. I sold maybe 10% at 11 something and then used that money to buy back in several times as it went down, thinking there's no way it could ever get lower than that, and then it did. I was able to scrape up some money out of my checking account to get some at I think 6.91 way down near the bottom, so that was nice.
I'm mostly a long. Trying to time the ups and downs is pretty difficult because they're so unpredictable. So I'm about 90% long, and 10% playing around. It usually turns out that staying long is the easy way and best way, because over the long haul this whole sector is great.
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