Post by
NycePrice on Jan 19, 2015 1:18pm
Always Protect your Trade Position
for Instance I Bought at $0.02 in December. Sold out @ $0.055 and Bought Back at $0.04. I was not anticipating this recent Decline below $0.04. it is what it is. However, I knew they would backfill it a Bit from that Big Move Up in December.
Moral of the Story...always protect your Cost Base. In my case when I got that 175% gain in 2 days I immediately knew what to do. Sell and buy Back when things cool off a few days later. My interprestation of cool off was $0.04 but the Market is what it is. Right Now My Prospects for this Stock are to Hold until the Production Milestones are achived / announced Shortly.At that point I expect teh New Trading Range to be from $.05 - a Dime. This is my Strategy.
yes there is manipulation in the Markets but teh trick is to get a head of them.....and then be on teh Right Side of the trade when they Decide to let it Go Upwards again. it is all Fun and games when you Know teh Rules...act accordingly and have patience....oh Ya and leave your Emotions at the Door.