AlphaBull_10M
Oct 1, 3:49 PM
I started reloading
$NAIL today and have 26.33.
I broke up the order into tiny chunks this time, since I don't know the bottom for today.
To trade 3x leverage NAIL, you must do this, otherwise, you can lose big:
1. Buy in small increments.
2. Increase distance between subsequent DCAs
3. Preserve lots of cash to buy much more at much lower price (if necessary)
4. Think about this - can you handle NAIL dropping to
$5? I'm not saying it will, but it can if the war escalates and oil goes super high.
For me, I maintain high amount of cash that I would be delighted if NAIL goes to
$5 because that can turn into 500 to 1000% gainer once the housing market recovers. But if you become impatient and use up all funds too quickly, you are likely going to sell this out of panick when it drops big - whereas I welcome it by have lots of cash to buy deep discounts.
5. If you are not disciplined to do this, then avoid this 3x leverage.
$KBH $DHI $TOL $PHM
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