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This is only for teaching purposes. But I'm telling you the price to buy is $3.91 with a 10% mental stop loss. Then sell 1/2 if it shoots up in this case it was $5.00. If you still like it or all if you don't . Now the stop become $3.91 on other 1/2 so you don't lose.
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$NTN. Ok here's a stock that I think can go higher? Small float stock fell from yesterday's high on light volume. At bottom of a Nice uptrend. Was just at $3.89. Low was $3.80. last trdae Bid $3.91 Just moved up a bit while I was writing this Looks like a fair price at bid
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stop losses----keep in mind the stock can gap down and you are stopped out way lower than you want. AND the market makers can see where the stop losses are and they manipulate the ticker down to take out stop losses and then up the share price goes.
You really are the man Bdiddy!! I really appreciate you taking the time to explain things a little more thoroughly for some of us not as seasoned traders! It’s invaluable knowledge. The fact that you are just on here giving random strangers free trading lessons is AMAZING!! 💪💯
Thank you. I invested when you mentioned it for learning purposes. Sold after hours. Been a long week. Going to bed. Will post more later. Great call on this. I need to go back and break this down. Reverse engineer your amazing skills to identify this.