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Posted On: 01/17/2020 8:29:19 PM
Post# of 149459
Re: SouthernGold #15359
Yeah, I assume you were not the only one. My first big otc runner years ago I missed out HUGE doing that, flipping near the beginning of the run. I warned finesand here on IH back February that would happen to them if they keep flipping completely out of the stock, telling them that I had to learn that the hard way before myself. It is a very hard lesson to learn, speaking from experience.
https://investorshangout.com/post/view?id=5344317
https://investorshangout.com/post/view?id=5344317
Quote:
I knew sos would be out on that breakout . Especially with the new small raise. I understand when trading, a person has rules they must follow. I’m glad they made money. I normally just trade stock, 500+ last year, very very few I’m long on. 20% for a week is a great play.
I lost over $1.5M in potential gains before doing that strategy on my first great play years ago, trading in and out, works great until it takes off without you . (It also cost me on ktov being out on that huge spike, but I did just 5mins of Dd, with the r/s my rules would not allow me to hold). So after that $1.5M loss, my strategy changed on the few great plays I find.
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