I love this board. That other one is toxic (IHUB?) although it seemed to calm some.
My original position was 300k at .02 but 100k of that was for trading.
When it didn't hold i sold the 100k hoping to get it back at lower support.
If it hits a penny i will buy 200k and that move gives me a 'free' 100k shares long and my trading shares back at half price.
You don't always have to get in early to have a good price, and this neat little trick of having a trading slice of 1/3 your position has many uses....you can lock in your entire long position with house money if you close the trade winning your original cost. That can happen very fast when these run.
And when its house money on the table.....it is easier psychologically to stay long and get the real juice.
Good luck to us. I think this will be fun.
My original position was 300k at .02 but 100k of that was for trading.
When it didn't hold i sold the 100k hoping to get it back at lower support.
If it hits a penny i will buy 200k and that move gives me a 'free' 100k shares long and my trading shares back at half price.
You don't always have to get in early to have a good price, and this neat little trick of having a trading slice of 1/3 your position has many uses....you can lock in your entire long position with house money if you close the trade winning your original cost. That can happen very fast when these run.
And when its house money on the table.....it is easier psychologically to stay long and get the real juice.
Good luck to us. I think this will be fun.
