Yeah a profit of $1500 is good for a weeks trading! No issues with the desire to have a trading parcel. What annoys me is seeking people selling minimal parcels of like $500 as it wont break the bank to hold that etc...
I went through today and plotted my buys and sells throughout my time in LDX to see where the action did lie in the end. Was interesting to see. A lot of my sells were due to other reasons like closing out some personal lending etc, not out of a desire to sell.
The lessons i learn from reviewing this:
Bulk of my buying (larger $$ purchases) were back in the early .010c and trying to buy the dips. As I didn't foresee a drop to where it is based on the back of the FDA news. I saw the sell off from the FDA approval and then saw it climbing back - thought it may continue given good news coming out.
Sold a few parcels pre CR dump to close out some facilities - change of employment type and cash flow meant little expendable capital to actually invest.
Held off basically throughout the entire CR period but held to see where it would go on that rise and began buying on the dip.
Averaged down throughout the down trend as you can see which is now at .076 (roughly the blue line).
Happy to share this as like others, still learning and finding that timing and patience is key. Just note that my buys have exceedingly outweighed my sells.
Would ideally have the average lowered to the CR price within the next few weeks.
LDX Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
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