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Re: Vhammer1 post# 58914

Thursday, 10/10/2019 6:10:35 PM

Thursday, October 10, 2019 6:10:35 PM

Post# of 82677
It is also based on ones entry-level. I'm not aware of your entry. However, today could have been a lot worse based on the MJ sector decline. I waited until I saw that support of $1.93 was maintaining before I jumped in. If you look at the one year low of $1.55 on Oct 1st, anyone can see how fast the SP snapped back to a High of $ 2.71 and Closed at $2.54. Obviously Profit-Taking after that took place (to be expected). For me, my entry was worth the risk. If the SP dips below my entry point, I will be patient. No matter what anyone's goals are (Long/Short) I wish them the best of luck.