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Friday, December 03, 2021 8:16:18 AM
Going all in is generally a bad idea unless you have 100% conviction in one thing and no conviction elsewhere. I've done it successfully many times early in my trading and it helped propel me forward faster than diversifying.
It also nearly wiped me out early on when $MTVX opened the largest dilution floodgates ever in the span of 3 weeks. But i took valuable lessons away from that experience (ie: strike date, dilution conversion terms, seeing through the hype, ect"
The way I see it you should be riskier until you achieve a certain goal, then develop your rules and make them work for you. If you're still learning you'll do fine just sticking to one basic rule IMO.
"Buy below RSI 35, sell above RSI 85 whenever possible"
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