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| Topic | Stock Topic 28 |
| Metal_DK 04/28/21 3:16:50 PM #193: | the runners ive been in have been great, but the number of "out at a 10 to 30% loss" types are large. The main "trick" is to always have a bit of dry powder, and don't get fomo if you see a stock run in like the first 15 minutes of the day. Usually pullbacks happen by 10am eastern or so. Also dont ever feel bad for taking a profit even if you left money on the table. I broke my rule on that on eeenf a few weeks ago and still am kinda pissed. I averaged down a tad on it and now am waiting, because I do think it will rebound someday, it has plenty of news and rumor potential, but sometimes you have to cut the loss. As for charts, I basically look for shooting stars at the top of a chart, and immediately know to sell if i have a position, wait to buy/add if I want to stay in. But for my overall success % wise? Maybe 25%. People need to right now realize this kind of volume over the past year or so is rare as hell because people are indoors all day. Its just the winners are so massive that I'm basically the 275lb first baseman who hits .220 but with 45 HRs or something. And I also take profits to secure at least my money back (like on IGEX today) as much as possible. --- Casual Revolution 2007 - 2016 ... Copied to Clipboard! |
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