Wrong - I hold a steady long position and also trade for short interval bounces with large $'s I would never leave long (I will swing trade $100K, but onld hold long $20K). I have made equal money on my long and bounce trades - nothing wrong with doubling your profits by playing obvious bounces. Look at my last posts - do you think I am losing money buying back in at 2.53; already sold this short term position for 2.80 for a nice profit - held my long throughout. I had a huge order for 2.30 that was not filled, but that is life.
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