(03-21-2021, 03:47 PM)jagibelieve Wrote:

(03-21-2021, 01:41 PM)JaG4LyFe Wrote: JIB said I could have moved my money into an ETF that pays 80 percent+ in 10 trade days. Patiently waiting for the name of said ETF on steroids...

I never said any such thing.

I also don't see how you come up with "80% gains" with the transactions that you described.  As SF pointed out, you are doing nothing more than "dollar cost averaging".

I'll try to outline it in simple terms using simple math.  If I'm reading what you wrote correctly your transactions were as follows.

Initial position of 20 shares @ 8.97 = $179.40
20 more shares at "8.50ish" is 8 x 8.50 = $170.00
40 more shares at "8 ish" is 40 x 8.00 = $320.00
You "did it again" when it went "sub 8" so I assume 160 shares at "sub 8" (we'll assume 7.90)  160 x $7.90 = $1264.00

So your total "investment" is $179.40 + $170.00 + $320.00 + $1264.00 = $1933.40

Then you sold 60 shares "somewhere around 10 a share".  60 x $10.00 = $600.00

How exactly have you made an "80% gain"?  Especially since this is before taxes and fees?