Post by
Resilience19 on Jan 20, 2021 10:08am
People needs to take a bit of a break
I think those truly invested in XBC need to take a step back from watching it's minute by minute sp fluctuation and commenting as through it were a hockey game. You know XBC's sp is going up, irrespective of daily fluctuations. Unless you need any measure of short term cash, it's my opinion the sp is likely to be $12ish by end-Feb and $15ish by end-June. If some feel they can make more elsewhere, simple move on with part or all your XBC holdings. Otherwise simply site back, engage in something more useful that watching micro-sp moves and be more zen about normal sp fluctuations. Otherwise juste trade as best you can but don't do so insinuating you're long XBC. My 'wisdom of the day' comment. GLTA
Comment by
Newtrader1982 on Jan 20, 2021 11:17am
watching it minute by minute is how I sold 10k shares at 11.49 and picked them back up today at 10.10. Market is probably worried the Trump mob is going to come after Biden today lol
Comment by
ingomercrack on Jan 20, 2021 1:28pm
Congrats you got one! But statistically speaking it's a losing game trying to play the swings in the long run. And the greatest cost in paying such close attention is not your money, it is your time.
Comment by
GrandSabot on Jan 20, 2021 4:32pm
yeah right. next time, please also share when it still rises after you sell. so you "play" with 100 000$ on xbc? there are alot of rich people on stockhouse. TGS
Comment by
Newtrader1982 on Jan 20, 2021 6:01pm
I have stated in plenty of posts that I missed runs trying to swing trade I just got lucky. I wasn't even trying to swing trade I trimmed at 11.49 intending to leave it at that but when I saw the low at 10 I couldn't resist buying them back because I felt fairly comfortable that we would see 11 plus short term who knows though.