Often, we take up a trade without spending even 1 minute of our time asking the reasons why. I am guilty of that and have paid my tuition fees back to the market.
So, Curevac is backed by Bill Gates of Microsoft and traders start to get imaginative and think the share price is going to rocket up.
Maybe, it will but it is also highly speculative. And is this part of your trade plan or just because it was ranked the top 3 in the forum or on social media, you without batting an eyelid went long.
No, I have no idea if it will go up another 100 or 1000% (I wish I know for sure)but I do not trade IPO stocks as some of you might know. There is just not enough data to plot my chart on.
I am reminded of stocks like this so , to play safe, I would avoid such stocks until later.
A safer bet would be stock like this .
Trade safely.....
So, Curevac is backed by Bill Gates of Microsoft and traders start to get imaginative and think the share price is going to rocket up.
Maybe, it will but it is also highly speculative. And is this part of your trade plan or just because it was ranked the top 3 in the forum or on social media, you without batting an eyelid went long.
No, I have no idea if it will go up another 100 or 1000% (I wish I know for sure)but I do not trade IPO stocks as some of you might know. There is just not enough data to plot my chart on.
I am reminded of stocks like this so , to play safe, I would avoid such stocks until later.
A safer bet would be stock like this .
Trade safely.....
Comment:
Remember, just because it is back up by some famous people does not necessarily make it a good stock to invest in. They have the billions of dollars and can wait out for years to see the returns. Do you and I have it ? Not me, haha so every cents that you intend to deploy is crucial and a strategic move, imo. Time is finite and the opportunity costs is high.......so place your bets carefully....