I'm not gonna say I have ice in my veins, but after more than six months of close observation, I have a (small) level of confidence. This is the third "drop" I've followed down, running out of money well above the lowest price. My hope is, of course, the next time to wait 'til it reaches the bottom before buying. 🤑
12:26 p.m. (no sleeping through this one)
It continued to $39.37.
---------------------------------------------
9 p.m. today
I thought I'd see how things were going
Open P&L is from when I opened the account in January of last year. I was a little over $700.00 ahead when this drop began and about $1,500.00 ahead for the 15 months of trading.
Poor as I am, I cannot really afford to lose and have regularly pulled off my meager gains. As a means of containing myself, I've kept my trading amount around $3,000.00.
It began at a little over $73.00/share. Previous smaller drops had stopped after $2 - $4 and I had been making small amounts of $40 - $70.
As the drop continued, I added an additional $1,200.00 and made my last purchase, when I ran out of money, at $52.75. I sometimes suspect I am an average player and the powers-that-be know exactly when to shear the sheep.
-----------------------------------------------
At the height of the evening.
Still with a loss of $656.44.
-------------------------------------------------
What it looks like
Seeing the number of transactions in the
hundreds of thousands of shares prompts:
there's a lot of wealth out there.
No comments:
Post a Comment