InvestorsHub Logo
Followers 646
Posts 10669
Boards Moderated 2
Alias Born 03/07/2015

Re: stokbrokin post# 986

Tuesday, 09/29/2015 7:31:54 PM

Tuesday, September 29, 2015 7:31:54 PM

Post# of 1473
yes...I changed my general approach to trading few months ago including now holding positions only in sub dollar OTC stocks of "real revenue" companies plus aggressive Mutual funds (no more NYSE/NASDAQ etc stocks)...I am not setting stop loss orders but only sequential sell limit orders (and won't change them during runs)with keeping at least 50% of positions should runs continue.
I also closed positions that were in the red (or green) simply to fund stocks like ECIG, ANR, RXMD that I do not need to flip or monitor regularly because I feel they will lead to an ALL (likely) or Nothing (unlikely) situation but not something fishy 1 or 2 years down the road like some tickers that need my permanent attention to materialize on temporary gains because the concept behind them could collapse any time.

Of cause I feel more passive now but am more excited about the potential in a year...a really nice experiment with a great reward/risk ratio

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.