Quote:
Originally Posted by wutamess
In a sense, lewdog is right.
My problem with some of it is. If I'd had just let shit sit just over the last 6 months to a year of my purchases, I'd be up about $100k for the YTD.
Using his method I've gained probably 10&15% in gains but nothing like what I could've made if I would've just held.
A profit is a profit though so there's 2 ways to go about this. A stop loss on NAIL isn't necessarily a bad thing.
I don't have stops on TSLA, NIO, Plug or AAPL and they're the drivers behind an almost $20k gains just within the last 2 weeks.
Glad someone mentioned NIO here last month.
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Markets like the ones we’ve experienced the last 2 years aren’t normal.
Long term holds on companies with bad financials are a fantastic way to book capital losses.