LogFAQs > #940229102

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Topic	Stock Topic 5
StartTheMachine 06/05/20 2:32:44 PM #182:	red sox 777 posted... So the weird thing is that there was a news report regarding LK releasing earnings on a German website. But I haven't seen anything from an English language source. I've noticed that LK has a pattern where it will drop 15-30% in 20 minutes to an hour and then come roaring back. I dunno which way it's going, but this is the kind of pattern where having a fixed stop loss of 10% would eat you alive. You'd probably be down a lot over the past 2 days even while the stock is up 120% because each spike downwards forces you to sell at a loss and then you don't get to participate in a lot of the upside because you sold at the bottom. Trusting you on this as I've noticed the same pattern. Kinda wish I pulled all out this morning but let's experiment with some new tactics. Greatly lowered my stop, and if it hits I still profit. So with all the news of the U.S. going after China's market practices, is an LK delisting just an inevitability? --- - Blur - Welcome to your Divinity. <cite>StartTheMachine posted [p:940229102] in Stock Topi... [t:78744726]...</cite> <quote>red sox 777 posted... </cite> <quote>So the weird thing is that there was a news report regarding LK releasing earnings on a German website. But I haven't seen anything from an English language source. I've noticed that LK has a pattern where it will drop 15-30% in 20 minutes to an hour and then come roaring back. I dunno which way it's going, but this is the kind of pattern where having a fixed stop loss of 10% would eat you alive. You'd probably be down a lot over the past 2 days even while the stock is up 120% because each spike downwards forces you to sell at a loss and then you don't get to participate in a lot of the upside because you sold at the bottom.</quote>Trusting you on this as I've noticed the same pattern. Kinda wish I pulled all out this morning but let's experiment with some new tactics. Greatly lowered my stop, and if it hits I still profit. So with all the news of the U.S. going after China's market practices, is an LK delisting just an inevitability? --- - Blur - Welcome to your Divinity.</quote> ... Copied to Clipboard!
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