Exactly. Any stock , even pinkies, would be in the .03 to .15 range with real contracts. I can't average down for two reasons. 1. I'm out of cash-------- 2. I don't want to lose any more than I already have.
OK...I'm always trying to learn more about trading and improve my skills, so you really need to help me understand the strategy here. I hope you can help me...
for the past two days it's been all doom and gloom in your posts. Did you not say you were aware of bad news in the offing? Now today, you're down 75% and soon to be down more. I'm from the old school of trading that tells me to run like a scalded rabbit when I know of pending bad news so I need your help. Please explain how I could benefit by holding a stock when I knew for a fact that terrible news was just around the corner. Please help me.
I really gotta study up on this new age trading stuff. No wonder I can't make any money.
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