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06-29-2021, 08:47 AM | #10366 |
Banned
Join Date: Jan 2013
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My interactions with those twats over at /r/amcstock has me hoping they all lose everything.
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Posts: 53,803
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06-29-2021, 08:59 AM | #10367 |
MVP
Join Date: Jan 2013
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What's the deal with SoFi? Seeing lots of people yoloing it
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Posts: 10,755
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06-29-2021, 09:42 AM | #10368 | |
MVP
Join Date: Jun 2004
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Quote:
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Posts: 6,901
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06-29-2021, 09:44 AM | #10369 |
MVP
Join Date: Jan 2013
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Patience with AMC
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Posts: 10,755
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06-29-2021, 09:58 AM | #10370 |
MVP
Join Date: Jun 2004
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Posts: 6,901
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06-29-2021, 11:51 AM | #10371 |
I’m a Mahomo!
Join Date: Aug 2004
Location: Mid-Missouri
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Posts: 54,038
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06-29-2021, 12:16 PM | #10372 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Still have 75% of my AAPL trade. Moving stop to yesterday’s low.
In on TLRY mentioned above. |
Posts: 46,069
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06-29-2021, 01:45 PM | #10373 |
MVP
Join Date: Mar 2019
Location: KC
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Posts: 7,497
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06-29-2021, 01:54 PM | #10374 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,069
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06-29-2021, 01:55 PM | #10375 |
MVP
Join Date: Mar 2019
Location: KC
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Posts: 7,497
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06-29-2021, 02:28 PM | #10376 |
MVP
Join Date: Sep 2004
Location: San Diego, CA
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This one's been trending down all day - did you have a buy limit hit early? If not, curious why you took a position (trying to learn).
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Posts: 5,165
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06-29-2021, 02:50 PM | #10377 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,069
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06-29-2021, 04:41 PM | #10378 |
New and Improved
Join Date: Mar 2002
Location: Springfield, Mo.
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WooHoo!
VTNR has blown up 43% after hours. |
Posts: 21,882
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06-29-2021, 05:03 PM | #10379 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
I lean to the more conservative side. Many traders are much more aggressive than I am. I prefer a lot of little-medium successes while others prefer being less accurate and trade for the home run. Market conditions also precipitate how aggressive you should be. When things are whip-sawing, I am much tighter with stops. When things are going well, my initial stop loss may stay for days at a time. With ENTG I was more conservative because it's previous best close was 122.05. So I tightened stop losses near this area in case it met resistance again. This did lead me to getting stopped out completely, which is fine as I locked in a 5% win. Had this stock been still retracing a previous high, I may not have been as tight with my stop. If you want to be aggressive with this trade you could sell 25% now and keep your original stop loss. If you'd like to be more conservative you could sell 25% now and set stop to right below intraday low of 6-28 at 118.49 (This scenario means it will be a green trade for sure). My strategy for most trades is to sell 25% of the position when I hit a 5% gain. I then scale out another 50% of the position near 8-10% and absolutely raise my stop loss at this time. If my trading hasn't been going as well as I'd like, when I hit a 5% gain I also raise my stop to break even so that even if I get stopped out, I keep that trade green. If you prefer a stock to run but want to stay green, just keep raising your stop to the previous day's low. Last edited by lewdog; 06-29-2021 at 05:16 PM.. |
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06-29-2021, 05:31 PM | #10380 |
Fish are scared of me
Join Date: Nov 2001
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