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The strategy to play a huge tanker.

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griff100 Member Level  Friday, 12/09/11 02:42:38 PM
Re: None
Post # of 313856 
The strategy to play a huge tanker.


Wait until it's as low as it can possibly go and then buy a starter...maybe 1/4 of what you want.

Then when it goes lower (and it will) you happily add. Same dollar amount.

When it goes even lower...you hesitate...add up your loss at that point, think..what am I doing?...close your eyes and buy more. Same dollar amount again.

Then as it continues down even further and it feels like absolutely the stupidest thing you can do...throw up your hands, roll your eyes and add again in desperation.

When it finally turns back up...you sell all of it at your original buy price for a very nice gain, so relieved because you were holding a huge loss just a few minutes ago....

Then cry like a baby for 2 days as it keeps going and you miss out on huge rewards.

Works for me anyway!

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