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Tuesday, February 04, 2020 3:21:06 PM
We have all be in this situation MANY times.
I will admit that I used to make this very mistake. I would get in late and instead of cutting losses and making them up elsewhere that instead I would hold and wait for another miracle (aka another PR pump) to break even.
99% of the time I ended up riding it all the way down to nothingville and losing it all after an R/S.
Look at the chart. It is a textbook P&D play. It doesn't get anymore obvious.
But this is my opinion and I'm not recommending that anyone buy or sell.
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