GREY:PTQMF - Post by User
Comment by
Libertygon Jan 27, 2011 2:36pm
116 Views
Post# 18036120
RE: RE: Lots of Big Boys in PTQ
RE: RE: Lots of Big Boys in PTQIf chicken little's like PMS cause you alarm then be cautious. For example i bought beginning at .76 cents. As the price firmed i added up to .88. Once it broke a dollar and hit 1.17 i sold half my position to improve my risk position. When it dropped back to the .80's i bought that position back. Sold that half again at 1.22, and bought back again, sold again and now looking to buy it back at 1.08 if it were to cooperate. This allows for your core investment and trading another portion to improve your risk. Nothing wrong with taking a little profit, but if you like the story maintain a core position for the bigger picture, and if you sell your trading position and it never comes back down SO WHAT your core position is what matters and your still in.
Or listen to PMS buy really high hold all the way to the bottom and then sell, he's the expert at that method.