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Starting to top out and pull back from

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THREE-DAY-TRADER   Thursday, 11/07/19 06:33:28 PM
Re: THREE-DAY-TRADER post# 1816
Post # of 1868 
Starting to top out and pull back from 1.40 area it seems.
Not regretting taking the 200% profit (from .43 Limit or less suggestion) within 3 weeks as posted a few days ago since 1.30+ area as it was developing.

$ONCY is an interesting biotech with a lot of news catalyst potential, but my protocols on these types of stocks from many years of experience have taught me that trading these short term is the best consistent strategy, rather than 'investing' longer term as many common retail sheep like to do.
These stocks are not good investments most of the time due to their inherent risks such as dilutive tendencies, etc.
I believe as a rule it's always best to trade them quick & move on to the next stock by taking advantage of short term circumstances. These types of stocks overall are not trustworthy for longer term investments, but serve as good shot term trade mechanisms.

Most people who apply a long term 'investment' concept on these non-profitable junk stocks under 1.00 (for example) tend to lose a lot of money---- that's a statistical fact

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