Jul. 9 at 9:12 PM
If you are new to the sector (volatile, risky small caps) I want to give you a little heads up what helped me a lot.
First of all, start to scale in slowly so you can achieve a better average price. Means do not buy a big batch all at once, but rather take a starter position and average down in case it doesnt go your way.
Also, make sure there is no open dilution. If the company is actively printing shares, it is very hard as a bull to make money. I am using dilutiontracker to get an overview and seekingalpha for detailed SEC fillings.
Then finally, think about an exit strategy. Take profits along the way. Never wait/pray for the "500% runner". Start trimming your position upwards. I usually start taking profits at +15% and go from there on step by step. You can always keep a few runners for the potential 200%+ run, but trying to chase it and force it will only make you lose in the long run.
This week we had great profits on
$NAMI $GMEX $RPGL $WHLR but you must have a strategy to execute!
