Watch the share today carefully. There is some serious fuckery afoot. It got halted as soon as it opened, then did a huge jump to 157, and then halted, and suddenly dropped to 144. The black hats might be doing the short sell trick, so if there is a dip, jump on it. Its an oppurtunity for those who missed.
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I'm sorry to say, "buy and hold," especially off of news, is a losing bet. Plan the trade, then trade the plan. A successful trader is made off of many planned executions, not that "one big trade" that puts you way ahead...but never happens, or you go broke chasing it.
Traders fail because they only plan half the trade -- the entry. You must also have an exit, and don't deviate from that plan. If you have enough profit built up, you can draw out your capital when you strike your exit, and let the rest ride with a trailing stop, but that's only when you have a few wins under your belt.
Never chase a trade!
All investors are not traders. Your remarks are valid and appreciated although they focus 100% squarely on traders, trading, and how to trade. That's not an area of interest for me—partly because every article available on "So you want to learn to trade stocks" warns several times in all caps that trading stocks in general is not for novices and is a losing bet for all but the most savvy and seasoned traders, who take years to develop their skill, and many never do quite get it right. If you're one of the successful few, congratulations. But no, this was simply an investment. I never "chase" anyone or anything: trades, clients, hazy dreams of untold riches, waffly prospects who can't make a decision, even my dog.
Soon as you start to chase, things and people run away as fast as they can.
Different people will define "investment" in different ways. I could not in any way call DWAC an investment, but you obviously have different criteria.
If more "investors" used trading methodology in how they approached what they do, I think people would be far more satisfied in their individual results.
Second sentence validates the first. I use the regular, standard definition of the word, vs. a unique one related specifically to, say, trading. :)
MAGA
NCSWIC