_MK_Watcher_
Golden John
:
It is always a tiggling thought on whether to sell or not to sell when seeing price of the similar kind is charging up. If one sells now, immediately he/she will enjoy the profit, but he/she might comment the following in either conditions afterwards.. 1. 'Heng-ah, luckily i sold already' when the price suddenly turns downwards, or.. 2. 'Really itchy hand to sell it too early, I should hold it' when it continuously moves upwards. There is really no concrete right or wrong when making buy/sell decision, importantly is the comfortability when one's decision is made. One old golden trading rules is 'Think and set an exit price at the moment when you enter, no matter what', always never chase and keep on adjusting the exit price, as one will never get there. For now, for this counter, it is attempting to 'climb' over Level 38, as it is one of the tougher barriers to break through and stay above it.
Golden John : Feel like to take profit, but not sure which price to exit. Any advice?
1M50 Golden John : 38.5 soon, don’t sell
quiet Cheetah_6154 OP Golden John : I am an amateur. All I can say is trust your guts.
Golden John 1M50 : wow but why say so?
quiet Cheetah_6154 OP : Think now only can speculate, hard to tell.
Fenyir Golden John : Just hold for now, cant est where it might reach but the resistance is low so no need worry
Red-Haired Shanks : No worry, just wait for a big candle after 38
102796003 : Wait for $38 still can add now? Add and hold kind..
_MK_Watcher_ Golden John : It is always a tiggling thought on whether to sell or not to sell when seeing price of the similar kind is charging up. If one sells now, immediately he/she will enjoy the profit, but he/she might comment the following in either conditions afterwards..
1. 'Heng-ah, luckily i sold already' when the price suddenly turns downwards, or..
2. 'Really itchy hand to sell it too early, I should hold it' when it continuously moves upwards.
There is really no concrete right or wrong when making buy/sell decision, importantly is the comfortability when one's decision is made.
One old golden trading rules is 'Think and set an exit price at the moment when you enter, no matter what', always never chase and keep on adjusting the exit price, as one will never get there. For now, for this counter, it is attempting to 'climb' over Level 38, as it is one of the tougher barriers to break through and stay above it.