Ok how is this for a hedging strategy.
I've got purchase lot's from cost basis $0.46, 0.94, 0.96, 1.35, 1.46 ( I need to stop chasing shit JFC, how not to average up)
most recent was 0.94 today and if I sell that one I get yelled at for selling unsettled funds.
I want to keep the 0.46 cause cheaper and long term that factors into higher % gains right?
the rest I can limit order sell on open to lock in reduced losses vs when stock price drops. If it drops so fast my order doesn't get filled then I'm just along for the ride after that.
I have cash settling overnight from profit taking earlier on RXMD to jump back in if I want to, and I anticipate doing so.
I believe in the humbl crypto long term value. I want to optimize this next day and following week. I'm robbing peter to pay peter in this scenario, but I think it works out in my favor if the moves happen the direction I anticipate.
Am I missing something?