Strategy to accumulate more shares failed12 Feb 2023 14:06
I invested at 16p and didn't sell when it spiked to, I believe 38p, after NICE news - thought It would reach to 45p. It then dipped to 26p on the same day and I kept my nerves without selling a penny. At that point I thought why not I sell high and buy at dips to accumulate more shares. So next day, I sold at 30p, thought it would go again to 26p but rather accumulating more shares I bought again with my profit at 30.5p ; ended up less share (500 to 600 shares less) what I was holding previously.
Good strategy is to keep hold until your target price has been reached.