The Real Wojak
OP
Kyle Schramm
:
You might not be done but I am. I’m not gonna lose money being greedy. I take profits early when there are still buyers chasing. Sell into strength be fearful when others are greedy and greedy when others are fearful
The Real Wojak
OP
Kyle Schramm
:
I purposely sell early so as to NOT try getting the top. Too often it happens very fast and all of a sudden before you realize it the top comes and goes and now you find yourself selling into a wave of panic sellers as it comes down. It happens very fast sometimes. I like watching support/resistance and RSI. I sell when it gets overbought. These are only temporary indicators and are subject to change throughout the day but I lil to use RSI to get a feel for wether a stock can keep going or not
The Real Wojak
OP
Kyle Schramm
:
Always trade your own plan tho just cuz I’m taking profits doesnt mean you have to. Everyone trades different, I just post for transparency so people can see my thoughts when I’m deciding to enter or exit a trade
The Real Wojak OP : 23% return from $0.525 average
The Real Wojak OP : Always take profits 10-15-20% it might go higher but I’m not gonna gamble with profits, they need to be locked in
Kyle Schramm : we ain't done!
The Real Wojak OP Kyle Schramm : You might not be done but I am. I’m not gonna lose money being greedy. I take profits early when there are still buyers chasing. Sell into strength be fearful when others are greedy and greedy when others are fearful
The Real Wojak OP Kyle Schramm : Idc if it runs 100% tbh because 23% is more than the S&P 500 does in 1 year. I got a 1 year return overnight
Kyle Schramm : all true!
The Real Wojak OP Kyle Schramm : I purposely sell early so as to NOT try getting the top. Too often it happens very fast and all of a sudden before you realize it the top comes and goes and now you find yourself selling into a wave of panic sellers as it comes down. It happens very fast sometimes. I like watching support/resistance and RSI. I sell when it gets overbought. These are only temporary indicators and are subject to change throughout the day but I lil to use RSI to get a feel for wether a stock can keep going or not
The Real Wojak OP Kyle Schramm : Always trade your own plan tho just cuz I’m taking profits doesnt mean you have to. Everyone trades different, I just post for transparency so people can see my thoughts when I’m deciding to enter or exit a trade