GREY:PGDIF - Post by User
Comment by
mill44on Jun 22, 2017 12:38pm
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Post# 26393084
RE:RE:RE:RE:RE:RE:Maybe
RE:RE:RE:RE:RE:RE:Maybe Waiting for evidence does not mean that you have to miss the move. With most meaningful moves you can capture 80% of the gain by waiting for evidence of a turn, both up and down and manage to reduce your risk substantially. Even if your drawdown is just temporary and on paper, it's not worth it.
With IVN that was between 80c to 1.10$ and around 4.40$. That is a three bagger and at least 60% of the whole move.
Unless you are doing this for the thrill of the gamble, minimizing your risks while maximizing your gains is the goal.