Friend asking me about my last winning trade $TRNX.
I've already made a lot of money on the stock today trading it. I still like it tomorrow. As long as bad news doesn't come out. It still looks good. That's the risk with day trading and holding over night.
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You should always lock in some profit. Let's say you are up 20%. You sell 1/2. Stock drops back down where you bought . Takes your mental stop out. You get out but still made 10% even though the trade didn't work out.
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