Conversation

Trader Brian Jones

First thing I do in a situation like this is learn from last time it happened in July. I PULL BACK! Not a time to get aggressive with these small stocks. #1 Priority is to NOT lose money on trades. Do NOT Chase stocks. Take small profits. Sell winners I'm holding cut losses.

12:41 PM · Feb 23, 2021Twitter Web App

@LouiseWeston88

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Would you sell all long term holds now?

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Exactly Brian, I grabbed profits when word came of rates rising. I am still a buyer, and doing extensive research on buys to wait for a serious correction. On the last drop I bought big, selling after a year for tax benefit. I like your #1, Bravo 👏🏼

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I am switching to a cash account so i dont get screwed on PDT Rules for all of this madness

@publiclystated

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So if you were holding a loss that you were hoping would bounce back eventually, at a time like this you would just sell it and take the loss?