GREY:SLHGF - Post by User
Comment by
ScarletSpideron Oct 29, 2020 5:52pm
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Post# 31810129
RE:RE:RE:RE:RE:Going to take off
RE:RE:RE:RE:RE:Going to take off
surf if you are talking about your 55,000 very impressive every penny for you would be $550. When anyone has that much at stake I can see that they will likely be checking the ticker. That being said they would need to do it far less when they figure out their max loss point and how many shares they will sell and simply put stop loss or whatever appropriate sell orders on the down side same as with the profit upside. For as long as things remain between those to points nothing happens. If people use trigger points take out as much emotion from their holdings as they can they will not need to constantly be checking the ticker. Nevertheless, if it is simply behavior habit well then that is a little different and would need to be systematically broken. It is for the very reason you are talking about the so called penny flippers do what they do and yet we will throw shade at them calling them penny flippers and being angry with them...the problem is when people have fewer shares they will either need to wait longer to take sizable worthwhile monies out on the trade or simply take monies out fast giving up more shares than they would like but that too if one plans strategically and uses shares strategically they can keep buying selling (trading) building their way to wealth. That is what I have to do. 15, 100 shares in 4 companies. I have my work cut out for me. On the plus side I dont lose much on each penny $63 is my highest with this one on $6300 shares right now. On the flip side I also dont make much...but remember not how much you have but how you use what you do.