Axe Has Now Become One of My Buy OptionsI am sharing too much right now. In these weak markets I am looking to inject on a monthly basis about $150-$190 on any stock that I feel I may be able to build short to mid term gains using as traders. So far, I have my core shares in all that I hold plus one out of 6 or 7 companies I have traders for. I said I would hold all my shares here. I have 5100 and would like to round this out to 6000 where I may use that 100 overhang to have potentially 1000 traders but will hold the 5000. I have been looking to add to pei and pqe strategically if not as with this i am holding all that i have and add to others again where i think I have the best chance at short to mid gains. This will have to go through the cleansing and despite what the case may be I always want shares to stay up not keep moving down although when having my cores the down movement will allow me to build up a trading position.
In the future as I have said, I will no longer hold an entire position because as mentioned 9.8 times out of 10 i lose out and I know to grow exponentially I can't hold all shares to their highest maturity value not to mention way too much market and long term risk. I know by experience holding a core and trading is the best way to handle any stock and what I did here just reaffirms what i have seen time and time again.
If this hoovers around this price no more than .30 which it is near I will strongly consider this as a possible add as I don't want to buy less than 500 shares on a purchase which is stupid in all ways other than if I know that the shares will hold at least .30 and move up where I can sell off at profit and keep a good cash flow that will sustain my stocks and where I will start to cut off putting monies in on a monthly basis with this weak market and use it elsewhere.
All in all the best way for anyone to be with stocks is to keep a winning mindset see the best in every situation and take benefit from it vs not being happy--reminder to self and make the best hand always.
I was thinking to add to either nxo or mrs but with this collapsing here it gives me another option. I don't doubt a price over a buck so let's say grab in .30 sell above a buck take the near term profit and hold the monies or reinvest part. so as ugly as pull backs are there are still ways to make monies but buying holding long term is not the best on a whole position and I have seen that as I said time and time again!