I can see reading back that when I say I hold them long term but trade them, it doesn't make much sense.
What I meant is that I want to maintain a long term position in CFU but if the price goes for a run I will sell all at resistance, or, if the depth dwindles off on the bid side compared to the asks. I then watch to buy back the same parcel on the retrace so that my long term position is still there. I don't mind if the retrace is only a couple of cents, since I have locked in some profit along the way. My aim is to do this often enough so that my CFU parcel has, in effect, paid for itself :)
CFU Price at posting:
19.8¢ Sentiment: LT Buy Disclosure: Held