Rhiox
DamYankee
OP
:
I'm still happy with my trade , I still hit my target percentage for profit. so all good. I'm just waiting for a good entry price to readjust my position again
Rhiox
DamYankee
OP
:
oh, it will have to get back to the lower 7.'s before I try to reenter . my average is 6.87 now, I didn't sell all . always keep a few to keep position open . I don't like to reenter above my average if I can help it.
DamYankee
OP
Rhiox
:
Yea I feel ya on that. That's what im gonna "try" to do with MIRA and NVIDIA. Sell some portions for short time profit and keep maybe a third or half for long term. I need to start going by my percentages instead of my actual cash profit.
Rhiox
DamYankee
OP
:
I like target percentage better than to pinpoint a target price. its easier for me. I shoot for 5 to 10 % depending on the ticker and how wide the price swings are
DamYankee
OP
Rhiox
:
Thanks for the tip! I always tell myself im gonna sell at 7-10 percent but then I start doing that dreaming crap and get greedy lol
Rhiox
DamYankee
OP
:
your welcome. I used to get greedy and squeeze as much as I can, but usually held to long and got trapped with sudden retracements. learned the hard way and more than once
Rhiox : don't feel bad. I readjusted my position too early as well.
DamYankee OP Rhiox : I don't only lost 1.74.
Rhiox DamYankee OP : I'm still happy with my trade , I still hit my target percentage for profit. so all good. I'm just waiting for a good entry price to readjust my position again
DamYankee OP : What ya looking at for entry price?
Rhiox DamYankee OP : oh, it will have to get back to the lower 7.'s before I try to reenter . my average is 6.87 now, I didn't sell all . always keep a few to keep position open . I don't like to reenter above my average if I can help it.
DamYankee OP Rhiox : Yea I feel ya on that. That's what im gonna "try" to do with MIRA and NVIDIA. Sell some portions for short time profit and keep maybe a third or half for long term. I need to start going by my percentages instead of my actual cash profit.
Rhiox DamYankee OP : I like target percentage better than to pinpoint a target price. its easier for me. I shoot for 5 to 10 % depending on the ticker and how wide the price swings are
DamYankee OP Rhiox : Thanks for the tip! I always tell myself im gonna sell at 7-10 percent but then I start doing that dreaming crap and get greedy lol
Rhiox DamYankee OP : your welcome. I used to get greedy and squeeze as much as I can, but usually held to long and got trapped with sudden retracements. learned the hard way and more than once