Setting sells high only works for cash accounts? I couldn't disagree more with you. I know you're long on the stock so at least I like that about you lol but you're trading philosophy will inevitably get you burned at some point in time. This will run to 5 cents and you'll dump everything at 3 and 4 and be hoping for a pull back but then it can just keep soaring to 7, 8, 13, etc. without EVER seeing a pullback! Where is your entry point then??? You'll be saying, "If only it pulls back down to 2, I'll go all in" and it won't ever happen. I think once this things gets going, THERE WON'T BE ANY REENTRY ON THIS AND YOU'LL COMPLETELY MISS OUT ON THE HUGE UPSIDE. Trading it down here is attractive but not even the best trader in the world can add to their position every time! If you miss out on the huge move, you'll be kicking yourself for years to come!
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