Now when do I sell
$Nu Holdings (NU.US)$ liking my profits right now, thinkng i should play it safe and pull
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Lugo Antman : it's just getting bullish. 12.50 was the entry. New price discovery coming soon
MomentumPython1337 : you can always take out your initial investment and let the profits remain in the stock. that way even if the stock goes to 0 you still won't have lost any money
Lugo Antman MomentumPython1337 : wrong time to be thinking that way. have you seen the unusual options chain?
Lugo Antman : At times like today, I wish I had more money to play with.
Lugo Antman : and why is zero an option rn? who in their right mind is thinking that about Nu ?
MomentumPython1337 Lugo Antman : it's called risk management this guy the OP is clearly getting anxious about his money the worst thing that can happen to an anxious investor is seeing your gains wiped out and go negative leaving you with a bag
i threw out the 0 as a mental exercise obviously it's not going to 0 but you can never be too bullish on a stock some bad news or unexpected events pops up and ticker goes down 10-20% in a day
I'm not saying let the fear stop you but it's never a bad idea to take out some profits to relieve the psychological pressure you can always add back a few days later
MomentumPython1337 Lugo Antman : if you're that bullish you can always buy a lot of calls instead of owning shares im not stopping you
MomentumPython1337 Lugo Antman : the best time to buy is when the stock was tanking the company didn't change in fundamentals in last few weeks why would it become a better company just because stock is rising up. i bought the dips at 11 when i realized that this company has a lot of potential but I'm not going to overextend and put more than a certain % into this ticker there are many other tickers with equally good prospects in other sectors i don't have to go all in on 1 ticker
Lugo Antman : you're thinking too much. it's kinda stressing me out now. I'll be adding more calls tomorrow.
Lugo Antman : at latest Monday morning.
View more comments...