It's ok to chase and amazing stock day trade that's up 30%-50% if you think it's so red hot and going 80%-100% + and then you will sell it.
It's NOT good to ever chase any stock that's already up 100%+ because so rarely do they go up 200%+ etc.
Never do that!
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Or leave 10% of your position as lottos. Especially if the product is volatile.
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Good stuff, pls keep dropping knowledge on us, it may seem obvious but we all need reminders 👍🏼