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Re: Doc_Mitch post# 35788

Sunday, 01/15/2017 9:12:30 AM

Sunday, January 15, 2017 9:12:30 AM

Post# of 203913
Profit Taking, a question asked/answered the other day.

Thanks to a few folks, @Rhinegold in particular, his/her is sound advice, especially the prevention of disruption/damage of momentum on a major run.

Good luck to you and us all!!! OWCP$$$

http://investorshub.advfn.com/boards/replies.aspx?msg=127866147

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Always sell into the run at Ask in small blocks


My mentor who's Dad was in the Stock Market 40 years taught me,

Sell small blocks into the Run at Ask,

as the prices increases one would sell small blocks/again into the Run

using a decreasing block size for more money

Example: I'd sell 100K @ $1.00

10,000 at $5.00

then 8,000 @ $6.00

5,000 @ $8.00

4,000 @ $10.00

etc up and up.(these are just examples of block size and amount)

I'm going to hold till higher than $10


This will bank serious cash and not damage any major run.