"Not investment advice, just strato-talk."
And Ed talk too.
You can not lose with that strategy, or Almost never provided you apply it to a small
portion of your investemnt ( for short term trading ). I say small because I use my long
hold as a security blanket just in case at a time I least expect the sp rockets up
and I just sold a few. In that case I would lose or more precisely not gain on that
portion.
I trade a small portion 500 or 1000 shares at a time.
My last buy was just 500 at $1.50. If the price goes 1.40 or lower I will buy another
500 or if funds allow 1000. If it does not go lower but 1.70 or higher that 500 is
sold. Should it go over 2$ then another 500 and so on up to 3$.
The hold will not be touched until the price approaches 4$ or higher.
Should the sp turn downward along that rise, I buy back incrementally.
Simple method with little worries.
I use those that want to push down the price to produce for me small profits along
the way and I make it more expensive for them to do their work.

After all why should they have all the profits from their deeds.