And this is exactly why I prefer Longs over flippers. Longs provide the very stability that is needed so much, in acquiring yet more Longs to provide yet more stability, which in turn, helps an uptrending pps to sustain it's gain.
My guess is, the majority of people in the pennies are not professional, but rather simply want safe plays with potential for gains that the bluechips don't offer.
To each his own. I used to day trade years ago and at times did quite exceptionally well. And not at others. But I developed the disease of "Tick-O-Mania". I knew I had it when someone would ask me out to lunch and I did not want to go because "I might miss it". I did not have a life. This investing to me really is not a life. Life is out there, and I find it easier now to do the DD, risk a bit and buy into the winners and wait for the big moves that eventually do come.
Nothing personal, and obviously you have done well. But I think WRNW will do many factors higher with less stress and less "Tick-O-Mania" for me. Momentum trading is just that. And I want to have a life too. Nothing personal.
Speaking of that - it's Saturday, so I should be getting moving... lol.
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