Abitlikeme, funny thing is your strategy doesn't work for me... And also why a lot of advice works for some amd not for others...
There is no place for those type of shares in my whole strategy... For me my bio portfolio needs to be lioe the roller coaster ride at Ferrari World..?
The big dips keep me alert and on my game... They are also the buying opportunites that appear when stop losses get hit....The 0-100 in 2 seconds, satisfies my need for thrills and excitement...
I also never set stop losses.... Because there is never enough volume on the BUY side to get out anyway....
These are the shares that work for my personality....
Real estate and cash is where my portfolio gets its consistentancy and certainty from...
Bios are for performance... Long boring periods followed by exhilarating excitement as your .01 cent share goes to .12 cents... And having enough in the account to make serious profits...
And thats where an investor needs to be counter intuitive to the market.. When you get the first sniff of a company turning around.... That requires faith, following your gut... And trusting the few clues that give that signal...
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