Friday, April 02, 2021 1:35:53 PM
Anything under a dollar you can't be serious about holding long term. Dreamers lose money.
Even at a dollar PPS most aren't going to work out for you.
Ultras look for oversold beat down near bottom of a repeating pattern and you'll do well. I try not to hold anything but free shares (from trading in and out) for longer then a week.
Also avoid chasing bad money with good. Set a limit the hole only gets this deep.
Dollar cost averaging is effective but only if a new trading range has been set, tested and deemed safe.
If you have some ultras not funded with toxic or risky debt I would love to review them.
"I am the wisest man alive, for I know one thing, and that is that I know nothing." Socrates
Hope this helps
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