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Watcher411

05/01/18 12:10 PM

#31392 RE: mbs1214 #31391

We just got a good 300% pop off its low. It's now time to give some back before the next move higher. I did mention in a handful of posts this was overextended to those that were on the board, and were able to take advantage of it. Sometimes I get it right.

You can't sit in these things and just ride it out endlessly. You would go up the mountain, and then back down with it in that case, for little to no gain. Just making that as a general comment, not specific to you. You will miss out on so much opportunity if you aren't actively trading them at their peaks, and rebuying the valleys as close as possible.

For instance, if you sold at this past peak, I believe you could re-enter and increase your prior holdings 50-80%, before this pullback is over. Just do that over and over. If you sold at 0.11 cents, you could buy right now and increase your past holdings by about 35% today.

The key is learning to identify turning points, and having patience while it works it's way to your price points.