Followers | 370 |
Posts | 5333 |
Boards Moderated | 1 |
Alias Born | 05/09/2013 |
Tuesday, September 20, 2016 3:36:13 PM
1.69 high so far.
Because I'm a short term trader who always takes profits when they arrive, & given the environment risk in front of us this week yet after a 5 day run-up in the green, I've taken half of my position off the table at 22% profit (as was alerted to my followers a few min ago in private e-mail with 40 min left in trading day).
PLUG certainly has a decent chance to move higher, but I'm reducing risk in this situation for a variety of reasons (including my own experienced trading principles).
Currently holding HALF of my position to give remaining shares a chance to do something & applying a 'scale-out' method in this specific instance.
If PLUG spikes higher, then we can still benefit with half of the exposure remaining. Or if it starts to pull back, etc, then we can scale-out the other half having still achieved a nice overall net gain.
That's how I'm doing it (and what anyone else chooses to do is their business).
September 14 alerted from 1.37 available ask:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125152481
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