The Real Wojak
OP
:
You should’ve used a stop loss and got out around $6-6.5 typically 5-7% is ideal but sometimes you can use a looser -10% stop. Baghodling is dumb asf. I lost hundreds of thousands of dollars doing that and had to learn the hard way. Trade scared so that trading isn’t scary, take profits every +10-15-20% and stop out between 5-7% sometimes it’s okay to hold leftovers after a stock runs and you pull out your original cash position and let profits ride. Never fall in love with a stock, never baghold
The Real Wojak
OP
DeKingVibez
:
Realistically, after the big offering at $1.62 it’s gonna be tough for it to run the way it did in the past since float is larger but if you seriously believe in this thing then I would buy 5-10x as much as you currently have to drop your average below $2 and then get out next time it breaks $1.60
The Real Wojak
OP
:
I had SNDL at $5 wayyyy back years ago, it fell to $0.14. I had 500 shares and so I made a calculated decision to buy 19,500 more and got my average down to like $0.26 cents and the next week it hit $0.30’s so I got out for profit. Ended up getting back in tho with around 50k shares and made 100 grand off it when the thing ran to $3
Jimmy1819
:
you are describing exactly what I'm doing, except I tend to pull 2 days early in a drop and then it triples. I would be willing to pay commission on stock advice. I small fries but growing fast
Kirk Holmes
DeKingVibez
:
should just dca down. this will jump again, regularly it appears (haven't followed but found thru PEGY). I'm in HOLO started at foolishly 18 avg and am down to 2.56 now. took 6 weeks but I'll take it. hold over 2k shares and am swinging 1k while waiting for next bump
DeKingVibez
Kirk Holmes
:
I recently started holding coz I have realized it might take time but the pump is coming.. I have made the mistake of selling many times and then boom .. I have about $5k here and it’s down bad to less than $1k (I just set my sell limit for $8.. even if it’ll take 5yrs. I won’t sell lol until I get my money back)
DeKingVibez : Wow and I’m expecting $7 lol that means I won’t sell until 2025 coz I bought it at $6.7
The Real Wojak OP : You should’ve used a stop loss and got out around $6-6.5 typically 5-7% is ideal but sometimes you can use a looser -10% stop. Baghodling is dumb asf. I lost hundreds of thousands of dollars doing that and had to learn the hard way. Trade scared so that trading isn’t scary, take profits every +10-15-20% and stop out between 5-7% sometimes it’s okay to hold leftovers after a stock runs and you pull out your original cash position and let profits ride. Never fall in love with a stock, never baghold
The Real Wojak OP DeKingVibez : Realistically, after the big offering at $1.62 it’s gonna be tough for it to run the way it did in the past since float is larger but if you seriously believe in this thing then I would buy 5-10x as much as you currently have to drop your average below $2 and then get out next time it breaks $1.60
The Real Wojak OP : I had SNDL at $5 wayyyy back years ago, it fell to $0.14. I had 500 shares and so I made a calculated decision to buy 19,500 more and got my average down to like $0.26 cents and the next week it hit $0.30’s so I got out for profit. Ended up getting back in tho with around 50k shares and made 100 grand off it when the thing ran to $3
The Real Wojak OP : Later ended up losing all of it bagholding. Don’t be a bagholder take profits and stay disciplined
Jimmy1819 : you are describing exactly what I'm doing, except I tend to pull 2 days early in a drop and then it triples. I would be willing to pay commission on stock advice. I small fries but growing fast
Kirk Holmes DeKingVibez : should just dca down. this will jump again, regularly it appears (haven't followed but found thru PEGY). I'm in HOLO started at foolishly 18 avg and am down to 2.56 now. took 6 weeks but I'll take it. hold over 2k shares and am swinging 1k while waiting for next bump
DeKingVibez Kirk Holmes : I recently started holding coz I have realized it might take time but the pump is coming.. I have made the mistake of selling many times and then boom .. I have about $5k here and it’s down bad to less than $1k (I just set my sell limit for $8.. even if it’ll take 5yrs. I won’t sell lol until I get my money back)