Conversation

Why is it that someone doesn't want to sell anything after making a quick 100%+ gain on a trade? Maybe they were thinking this PUMP was going up over 1000% gain like $AACG the day before? Ok, but how often does that happen? Next time TAKE THE CASH!
Quote Tweet
Let's use pump $BSQR as an example. Let's say you saw it premarket or after the open and you jumped in around $3.00.? Within an hour you already were up 100%+ on the trade. You just have to take that money. Can't hold and give it all back.
Image
Great point. I get asked this and my personal answer is I feel I’m doing amazing on a trade if I can pull in 30% I personally after hitting that point set a stop-loss of 10%-15% depending on what my research and the current state of the stock. A 100 gain is a gamble to stay in.