When you buy these small float $SPAC's that get hot early like in the $BENE case $10.80.
You know your risk.
You have a stop loss in at that $9.97 price.
If it breaks below $10.00 you know you were wrong and take the small loss.
But upside chance is big.
When you have a big upside one like $BENEW or $BENE - can you set a trailing stop at a big # like $20 (now at $6.50) and then at $20 it triggers and goes into effect vs setting it now at $6.50? Going to be out during first part of market open and setting some on these runners?
THIS 👆👆 Sometimes it's seem too simple. I like to look left also and see if it has had some love before in the SPAC world. I've shifted my attention to $FTCV as seems a similar chart. Don't think it can pop as much as big $BENE
