Thread: Money Investing megathread extravaganza
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Old 05-03-2018, 03:48 PM   #1879
Hog's Gone Fishin Hog's Gone Fishin is offline
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Join Date: Nov 2001
Casino cash: $-1419523
Quote:
Originally Posted by lewdog View Post
Just put sizable capital on BABA for a nice run (hopefully) before earnings report.

Will lock in some profits with a Stop loss above a certain level but hope to ride a decent gain before selling for some decent profits in the next few weeks. We’ve got too much money sitting in savings so I’m looking to swing trade a portion of our money into some income. I always place a stop loss when entering a new position as to not lose my ass. Should be interesting if nothing else!
Have you come to a formula for where to set your stop loss? I've learned setting them too tight they get triggered and then the stock rebounds after and you end up losing the gain for the day.
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