I just wanted to take a second to clear one thing up. I have received a couple emails from people stating that a stock I was looking at never came down, so they could never get their position in. To clarify things even more, they are talking about when I say I opened a position and waiting to put more money in it if it comes down (adding to my position). What happens is that many people think that means the stock is definitely going to fall in price and they will purchase it then.

First and foremost, I am not getting paid for any money people capitalizing off my trades (unless you want to “click around”), so trade at your own risk.

Now lets think about this. If I knew that a stock was going to definitely come down before it started to rise up, then wouldn’t I wait to open my position until that time? So at the spot when I first open a position, that is when I feel the stock can begin to head upwards. If it never comes back down, oh well, I still make some profit. On the other hand if it does comes back below the purchasing price, then I can add a little more on the stock to bring my buy price down.

Hopefully that can clear some things up and perhaps make more money for all of us in the future.