You3.... firstly I don't gamble I take a calculated risk withe odds strongly in my favour ....Secondly I enjoy trading and investing ..it's a "hobby "that can and can't make money ..there is always an element of risk.. and thirdly there are many Ai tools for trading that use algorithms ...but you have to pay ...just look in Google under "Ai apps for trading" and experiment there are even free ones...the one I use is proprietary.
The best advice I can give from experience is if you are buying to hold ...do it over at least three purchases spread over days if not weeks ...and never buy in the first hour...it's the fill and kill hour ..brokers just get all their orders done buying or selling and it's generally that first hour of trading that produces crazy prices.
Rarely do brokers buy through the day or week or month..and when individuals buy on the internet they panic to get in and then panic to get out.
Unless one studies what one is doing and maintains psychological and fundamental disciplines one will loose money ..but we are all human...I never buy above book unless it's a mistake...and at present book value Pen is $1.84 but it's closing rapidly...and normally a stock with a good outlook will rise to two or three times book ...by then I'm only holding 20% of my original investment unless there some extraordinary development that strongly changes the book value.
However I have missed out on many many shares that went to 20x,30x and 40x book and higher in price that I bought just below book!!!
All the Best to All
You3.... firstly I don't gamble I take a calculated risk...
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