Sometimes I hold overnight...What I like on a sideways or upward trend is to hold 1 third of my buying power.
So if it goes, either way, I don't really care.
Gap up, I would sell and run with the profit while watching a 15 sec autorefresh 1-day chart.
Gap down, I don't buy right away. I wait patiently look for a huge difference in price range before buying.
Cash remaining in the account is very important.
Works well with HVU and HGU for now anyway.
Also, I hate holding a huge position in penny stock.
It could take years before any gains appear.
We must be active with something liquid with volume and great % ups or downs.
Stay away on a downward trend. The D always scares me, I prefer the U.
That's what I think. Good morning to all active traders.
Just another day watching for opportunities.
DS