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Re: knrorrel post# 2822

Tuesday, 04/02/2024 8:43:31 PM

Tuesday, April 02, 2024 8:43:31 PM

Post# of 3109
I would never hold more than a few shares that high, and you only usually see 5-10 baggers on the otc, I would be scaling out with most my shares before it ever hit those levels. Holding a free few shares no big deal if it dumps when you already locked in s bunch of profits.

Why retail fails is #1 emotion #2 chasing and not scaling in, not buying over time in case it dips to get a better avg #3 penny stocks and following stock gurus that intend on one thing, to sell you shares. OTC can wreck you, dont buy higher than .0001 to .0002 or you could end up bagholding forever at no bid, these things can have an epic move or epic dilution holding it at .0001 I strongly advise peopld will small accounts to not buy OTC, they can be massive winners and I think NOW CORP will be, but they are mainly share printing press dilution machines, with that said I will start scaling out here at .0003 hold the free shares up maybe sell more at .0005 .0007 I will be out before this hits 1000% but there will always be regret. id rather regret taking profits early than bagholding.

Maybe #4 unrealistic expectations

Theres nots of reasons but I put #1 emotion because thats my biggest problem, costed me about $20k in lost profits last month for getting scared out of a couple trades, i screwed up. Last month im only green $7k could have been nearly $30k