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Re: INEEDMONEY post# 56417

Wednesday, 05/12/2021 4:06:29 PM

Wednesday, May 12, 2021 4:06:29 PM

Post# of 70573
Been in long enough*..... used to treat otc like big boards; nearly lost my butt once upon a time. Switched to position sizing and 90% of time cutting bags with goal of not taking losses / exit flat when trade doesn’t go my way..... it may not be an approach many like, but, it’s worked out decent for me so far.

I try to go lower on position size if I feel something was front loaded, or if there are tons of people holding large positions tbh...... nothing against the ones here holding 20-40 million shares..... I just prefer to be in control of my trade..... if no reckless dumping and crushing share price; I’ll be inclined to jump in again if things looking good :)