RE:RE:RE:What's your strategy?I lost a lot of money on EC.v in 2013. You can go back and read all my posts and such. I learned a lot from that experience and have done very well financially because of those learnings.
I have some some rules that I now refuse to break:
1. Mgmt has to have been successful before at making their SHAREHOLDERS a lot of money. ie:
BCB.to
2. The sector needs to be in an uptrend with a catalyst. ie: major industry change vote Nov 8.
3. Have an exit plan and use MENTAL trailing stops. Get out the next day when close is below the
stop. ie: With this one I wanted 100%. So at this point I've actually moved my stop up to $0.30. I'll
move it up again to $0.35 or $0.40 here shortly.
4. Have a unique story to the market. ie: for me this is all about the Tinley27 and Energy Drink. I think
Hemplify will be a bust. Health fads come and go (pommegraniete, green tea, hemp, etc.) booze
and energy supplements are a part of middle-class everyday the workers are burned out.
5. Never fight the trend. You can always come back as a story matures. ie: There is a lot of money in
MJ right now for momentum. There will be a lot of money leave too.
Hope this helps.
Be safe.