Considering selling today in hopes of a dip next week to rebuy. Not looking for profit, just to use the profit to buy more stock next week. Tell me what you think. I’m in DWAC for the long haul but I want to grow my wealth by as much as possible in the short while it’s cheap.
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I get it but you're effectively weaving in and out of traffic to get to your destination a few minutes faster, the risk is that you have an accident along way and you'll wish you just went with the flow on this one. Don't get me wrong, I do it all the time but not with this one, the volatility is large and unpredictable, the only thing you can be sure of is that every announcement brings a jump you wont want to miss and the announcements are coming in hot. This is the time for diamond hands if ever there was one.
Also, the last few times I've added to my position the orders took a long time to fully execute. I've never waited more then 20 seconds for an order to fill and my DWACW's took minutes, its a sign that no one with a lot of shares are letting them go, I had to wait for little guys to shake out. I dont know how many shares you're talking about day trading but dont get left out in the cold, you may have to go above market to get someone to let go of some.