if I take on 1k shares $140= 140k and the stock moves against me i need to avg up or own, if i get another 1k shares
well thats over a Quarter Million dollars stuck in one stock, if it really goes against me even more, and it had, could have too much money stuck in one stock amd sometimes have to hold a couple days...
so I try not to play the higher priced stocks, like $TSLA
i was trading that alot, I remember I was short 1200 shares @ $248, it popped to $258 and I covered for -$12K loss, it could have been worse, as it went higher
stocks like CYTO and others are much better for me, I am now out but thats because I have a dentist appointment in the morn and I dont hold stocks when I am not around to trade, holidays, vacations etc.... unless there is a good exception