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Posted On: 06/26/2019 2:28:10 PM
Post# of 149711
I don't know about spikes. When you're in it for say $10, $50 or $100 per share should you really react on a sudden 200% spike to $1.50? I don't know. Personally I'm doing really bad on spikes if I react on them. Mostly I'll find myself chasing my own shares.
Trading, you seem to be more active, more swing trading or whatever, for you it's probably great to act on it.
I hate spikes, I really do.
Once I've been in a very illiquid share on the London Stock Exchange, kept on buying between 1-2 cents. Expecting it to go to 60 cents eventually. Then, it suddenly spiked to 6 cents. Sold it all. Great profit, except it went from 6 to 90 cents in a matter of days.
Spikes kill me if I try to trade on it.
Regarding Cydy I've promised myself not to sell a single share before it touches $5. Spike or no spike.
Trading, you seem to be more active, more swing trading or whatever, for you it's probably great to act on it.
I hate spikes, I really do.
Once I've been in a very illiquid share on the London Stock Exchange, kept on buying between 1-2 cents. Expecting it to go to 60 cents eventually. Then, it suddenly spiked to 6 cents. Sold it all. Great profit, except it went from 6 to 90 cents in a matter of days.
Spikes kill me if I try to trade on it.
Regarding Cydy I've promised myself not to sell a single share before it touches $5. Spike or no spike.
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