I’m mostly locked into long term (for tax purposes), buUut… if you’re not, and you didn’t just pick up ~45¢/share (and/or more shares)?
Then, you’re doing this wrong.
“Sell high, buy low,” is the rule: apply it *every* chance you get…changes over time aren’t often obvious, and they can happen abruptly (often caused by large dumps of shares), buUut… there’s no missing this last one, if you were paying attention.
You can sell and buy back on any day you wish, provided you have not added even one share to your position on that same day (and you can make up to three day trades within any five consecutive trading days, when you have).
SoOo… unless you’re waiting on the sidelines, ‘til it’s been a year? Trade your shares, over and over, ‘til it’s time to go long or move on.
Dan’l
OPTinkering
:
What you’re looking for here isn’t so much any upward movement, save for reaching resistance levels… you wanna find when it’s gonna go the other way.
You can see where it started coming back down from it’s high, and that’s where I’da closed my position (even though it could have broken up), because you can see the death cross, the drop in RSI,… but, after that knife starts? You know it’s gonna go down.
If you sell, regardless of cost, and buy back at the bottom as it finds support?
You own more shares than before, or you have money left over, or both ~;-)
Dan’l
OPTinkering
:
You’re half way there, in that you sure picked an excellent time to buy.
You also have to consider the potential consequences financially (e.g., at least here in the US, gains and losses from long term capital investments get favorable income tax considerations).
There are many good courses you can go through on moomoo learning, which is one of my favorite things about them.
You can practice honing your skills on paper trading, buUut… it ain’t the same.
You could, instead, identify another good company that is still selling cheap, and then study how its price moves, and practice trading some amount, ‘til you’ve gained the experience that confidence requires.
105475515
:
It’s been doing a great consolidation at $9-$10.. I truly believe that the longer it consolidates the powerful the slingshot at that level..
Dan’l
OP105475515
:
I think the fact options continue to be spot on might align with patterns that could be as accurately predictable… those occasional knives at market open are a wonderful chance to make gains.
: : edit : :
Not meaning to say spotting points where $Archer Aviation (ACHR.US)$ (or any other stock) breaks out or down isn’t… it’s just that catching a knife by the handle by selling just before or as it falls and buying back after it has can take place in minutes or even seconds, making winning trades almost certain, while minimizing losses on any miss.
Tinkering : fakeout consolidation or another move up
Dan’l OP Tinkering : What you’re looking for here isn’t so much any upward movement, save for reaching resistance levels… you wanna find when it’s gonna go the other way.
You can see where it started coming back down from it’s high, and that’s where I’da closed my position (even though it could have broken up), because you can see the death cross, the drop in RSI,… but, after that knife starts? You know it’s gonna go down.
If you sell, regardless of cost, and buy back at the bottom as it finds support?
You own more shares than before, or you have money left over, or both ~;-)
Tinkering Dan’l OP : I got in at 3.30, I truly do not trust my skills to buy low and sell high
Dan’l OP Tinkering : You’re half way there, in that you sure picked an excellent time to buy.
You also have to consider the potential consequences financially (e.g., at least here in the US, gains and losses from long term capital investments get favorable income tax considerations).
There are many good courses you can go through on moomoo learning, which is one of my favorite things about them.
You can practice honing your skills on paper trading, buUut… it ain’t the same.
You could, instead, identify another good company that is still selling cheap, and then study how its price moves, and practice trading some amount, ‘til you’ve gained the experience that confidence requires.
Coach Donnie Dan’l OP : Indubitably Indeed
105475515 : It’s been doing a great consolidation at $9-$10.. I truly believe that the longer it consolidates the powerful the slingshot at that level..
Dan’l OP 105475515 : I think the fact options continue to be spot on might align with patterns that could be as accurately predictable… those occasional knives at market open are a wonderful chance to make gains.
: : edit : :
Not meaning to say spotting points where $Archer Aviation (ACHR.US)$ (or any other stock) breaks out or down isn’t… it’s just that catching a knife by the handle by selling just before or as it falls and buying back after it has can take place in minutes or even seconds, making winning trades almost certain, while minimizing losses on any miss.