The formula for trading a normal stock trade.
Find a good stock at a good price. Have a 10% mental stop loss.
If it shoots up. You sell all of it if you think it's coming back down. Only 1/2 if you think it can go up more with a stop where you bought it and try to get more.
Conversation
What do you do with a stick that takes a quick dump right after you buy in? What do you watch for a rebound vs a quick sell?
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Thanks. I was wondering how you do it. What % gain do you target?
Wish I would’ve done that today. Watched 5k profit turn to 1k
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