Short Term trading Week Starting: 17 Aug, page-91

  1. 11,400 Posts.
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    The fact you stated actual $ amounts that are not only unlikely (due to the fact the you would have to bought off the low and few pips of the high) but also excessive (in terms of initial investment). Also the fact the volume was abysmal at the price you would of needed to buy in suggests otherwise also.

    If you're putting 5k into something worth 0.002 (the price you would need to get your fabled 20 bagger at current sell prices) then I congratulate you, well done.

    However I don't envy it, as it shows lack of discipline/maturity as an investor and trader. TA does not work well when movements are +50% -100% per pip, fundamentals show the company has DEEP flaws to get to that price originally and positioning yourself that early means you had a huge opportunity risk.

    This is not meant to be unfriendly, just something to consider about trading, posting and investing in general.
 
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