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Monday, July 26, 2021 4:26:43 PM
Here is the Scoop, 80% of the players are not on the iHob, they don't care but to just follow trends, when it starts to go up they buy, they are the ones that pushes the price up and maybe some informed investors alike.
These group of Players/flippers (not investors) have very little patience after a week of down trend they sell at a loss and move on to something that is moving up, it is that simple.
as the price goes down they will be gone and then we wait for a move up and they will comeback.
It is that simple, so if you want to play this game you must have cash and lots of it you pick a price and you buy if it goes down you buy more if it goes to few month lows then you buy a lot more and average your PPS.
I have made 450K in 14 months from a 115k investment, until I understood this process I was not making money, now I keep a lot of cash at hand and do not get emotional, as a matter of fact I get excited when a good stock hits bottom for no apparent reason other than what I explained, and I get load up cheap ones.
Happy trading.
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