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TopicStock Topic 9
red sox 777
08/03/20 11:49:41 PM
#68:


StartTheMachine posted...
But my last YOLO doubled my money! If I do it, it'll be very short term and I'll only do it on a dip. Hopefully a significant one.

It's a win win either way. This stock runs up like crazy every dip, and I seriously don't see that changing. Too many longs with six figures on this thing with 20+ price targets that buy every dang dip. And I already have a ton of shares so if it doesn't dip, I'm a winner.

If it's a win-win either way it's not a YOLO. It could dip and then keep dropping after you buy more shares, and then you lose big.

The thing is you could hit 10 doubles in a row and be up 1000x your original investment and one YOLO could still wipe you out, just as if the 10 good trades had never happened.

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