do you guys use stop loss for your trades?
edit: for stocks
Is this a serious question?? LOL
do you guys use stop loss for your trades?
edit: for stocks
QS is a yo-yo. I'm regretting not selling when it hit low 100s!QS?
I used to, but not any more. I seem to be picking my entry points better, so a hard drop has been less of a worry....plus I try to pick companies I have a lot of faith & conviction in, that helps to ride things out if it does get a bit extra choppy. Hope that helps.do you guys use stop loss for your trades?
edit: for stocks
Sorry, that was my pick back in November. I don’t think you’ve missed all of the upside. I expect it could go to $5 at some point this year after FDA approvalWhoever called SENS a few weeks ago, if only I had listened to you. Have any other picks like that?
Sold half mine at break even but glad to have a little left, good call. Penny stock to keep your eyes on is Frontier Communicatons, FTRCQ. Poorly managed company that filed for Chapter 11, but another new CEO and they recently got approval from FCC to restructure and get out of bankruptcy. I gave up on it at 10 cents a month ago but it’s now at 40 cents, after being as high as 54 cents. I’m back in, with the right moves under new leadership, I think it can get back to $5 or higher eventually as they build out their fiber network and probably add mobile phone service to their product mix.Sorry, that was my pick back in November. I don’t think you’ve missed all of the upside. I expect it could go to $5 at some point this year after FDA approval
Wow I might get in still. What is the time frame for approval? Do you know when they expecting to submit and hear back? I think the stock is due for a pull back from this current run and I could use that as an entry point to hold for the year.Sorry, that was my pick back in November. I don’t think you’ve missed all of the upside. I expect it could go to $5 at some point this year after FDA approval
Supposed to hear about FDA approval sometime before the end of Feb. the review was delayed due to covid. Not a delay from SENS, but a delay from the FDA as they’ve been busy with Covid drugs and vaccine approvals.Wow I might get in still. What is the time frame for approval? Do you know when they expecting to submit and hear back? I think the stock is due for a pull back from this current run and I could use that as an entry point to hold for the year.
Unreal! Never a doubt about the geniuses on this board!Alright what’s the next one to run up like GEVO and SENS you geniuses
@UConnSwag11 I don't. I did when I was a trader. But I now buy things that I plan to hold through the ups and downs. If you are in on a short term stock, then yes, it would be wise. But I have watched a lot of stocks go well into negative territory and then come back to be way ahead. Trying to time the market is usually a losing game.Is this a serious question?? LOL
As someone who was down thousands on DDD — I bought it when it was a meme stock back in 2018 — and am now up thousands... yes. This is correct.But I have watched a lot of stocks go well into negative territory and then come back to be way ahead. Trying to time the market is usually a losing game.
Congratulations man! I know you have a big enough position in this to be ecstatic today. One of my best money makers today too along with FUTU. My superstar stock MELI just keeps chugging. Great day, especially with help from my crypto.Supposed to hear about FDA approval sometime before the end of Feb. the review was delayed due to covid. Not a delay from SENS, but a delay from the FDA as they’ve been busy with Covid drugs and vaccine approvals.