Posted by: drogba February 11, 2021
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For those who ask me for PTE ( my PT is 5 as of today ). can be long term, would I stay until I reach PT , The answer is no, I might sell it in loss depends on the day I am having, I need to adjust my trade daily. Since lot of ppl are getting in stock. I have made a list of few things. Hope this helps all new folks.
Follow it ,leave it . your call
1. Market due for correction, don’t know when , how much we looking? 2%-5%, would it recover ? depends on the sector you are in
2. How do I know ? this comes from ppl trading for 10-15 yrs. You should agree too lot of greens lately, if you were playing right, last few days might indicate something ll happen.
3. Right now If you are in spac,energy,weed,ev,btc play. you should not be loosing money. Easy money in bio but make sure you get in and out on right time. I have history of week hands. Few example MVIS/Gevo . Many ppl know here we were early on may be $1 or less. Look at the price today.
4. I always take profit and investment and leave the rest to ride, I am scaling down to manageable trade, and want to have lot of cash in hand for Rainy Days. I have way too many to look for at the moment of heat like last few days
5. Market is volatile but there is money out there, play good, research, look for catalyst; look for compliance, look for news, look for management and their history, set your self entry and exit. (sometimes I read whole night that in addition to my work and family, and day trade). So don’t just go and buy if someone tells you to buy.
6. Be confident on your holds, don’t panic buy or sell, this is still my weakness (takes practice)
7. Have as much as cash to average down or double down ,depending on the day. This should be same amount as you have invested, if possible.
8. Again invest what you can afford to loose, DO not risk your bills or Savings. Go slow, learn the market, learn the pattern what works for you. What works for me might not works for all
9. Do not hesitate to ask questions, sometimes google can give u lot of info , then you filter down and verify the legitimacy of your research.
10. I have missed many stocks by the time I decided to buy after my research. I wont chase if it goes beyond my hands but ll have in watchlist for RED days
11. I try to post what I think I will buy or bought. You can make decisions or ask questions. there are more smarter ppl here .
12. ALSO request other folks who are bad ass then me to add here and help our fellow members.
Follow it ,leave it . your call
1. Market due for correction, don’t know when , how much we looking? 2%-5%, would it recover ? depends on the sector you are in
2. How do I know ? this comes from ppl trading for 10-15 yrs. You should agree too lot of greens lately, if you were playing right, last few days might indicate something ll happen.
3. Right now If you are in spac,energy,weed,ev,btc play. you should not be loosing money. Easy money in bio but make sure you get in and out on right time. I have history of week hands. Few example MVIS/Gevo . Many ppl know here we were early on may be $1 or less. Look at the price today.
4. I always take profit and investment and leave the rest to ride, I am scaling down to manageable trade, and want to have lot of cash in hand for Rainy Days. I have way too many to look for at the moment of heat like last few days
5. Market is volatile but there is money out there, play good, research, look for catalyst; look for compliance, look for news, look for management and their history, set your self entry and exit. (sometimes I read whole night that in addition to my work and family, and day trade). So don’t just go and buy if someone tells you to buy.
6. Be confident on your holds, don’t panic buy or sell, this is still my weakness (takes practice)
7. Have as much as cash to average down or double down ,depending on the day. This should be same amount as you have invested, if possible.
8. Again invest what you can afford to loose, DO not risk your bills or Savings. Go slow, learn the market, learn the pattern what works for you. What works for me might not works for all
9. Do not hesitate to ask questions, sometimes google can give u lot of info , then you filter down and verify the legitimacy of your research.
10. I have missed many stocks by the time I decided to buy after my research. I wont chase if it goes beyond my hands but ll have in watchlist for RED days
11. I try to post what I think I will buy or bought. You can make decisions or ask questions. there are more smarter ppl here .
12. ALSO request other folks who are bad ass then me to add here and help our fellow members.
Added
stop loss is ez triggering this days around 5-10% so make sure u r on comfort zone. (20-30%). Example for this i got in koss for 10 stop loss triggered it ran to 50 or so before i knew it. lesson learned
At last m not your financial advisor.good luck
Last edited: 11-Feb-21 08:07 PM