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Alias Born | 12/31/2014 |
Friday, December 14, 2018 11:18:55 AM
Unless you take advantage of the current trend. I did not flip this time, but the previous moves I have flipped and added 'free' shares.
If the stock goes down you can make money by shorting.
If the stock goes up you can make money by going long.
If the stock goes sideways you can add shares.
How is this a nothing burger? If you can recognize the current trends then you can make a winning play regardless of where the stock is going. Having the balls to sell when everyone else is buying, or buy when everyone else is selling goes against human nature but it can work. Just ask Warren Buffet.
I do personally believe that long term the stock price is rising. Maybe not this week but overall, in the big picture.
A fool and his money is a friend indeed.
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