InvestorsHub Logo
Followers 699
Posts 59465
Boards Moderated 18
Alias Born 06/01/2008

Re: None

Thursday, 02/11/2021 10:53:47 PM

Thursday, February 11, 2021 10:53:47 PM

Post# of 1898
I have a question. Why was I not checking the charts of the ETF cannabis funds? When I heard Tilray climbed 50% why did I not take note of that? Tuesday and Wednesday displayed parabolic moves in the MJ sector. What are you supposed to do when you observe that? You are supposed to sit on your thumbs and admire your green portfolio?

Or do you recognize a parabolic blow-off top?

You do not sit on your thumbs. You SELL. You trim. You take profits only to use elsewhere or reinvest lower.

Did I check the RSI(14) numbers of my holdings? Were there any 80's? I wouldn't know because I was not paying attention. Why? Because I was drunk with green. Why touch anything if all my stocks are going great gangbusters?

TRIM!! Liquidate 20% or more of your holdings. They aren't going anywhere. They will be there to buy back later. And so what if they continued to climb. Do you feel bad when you take a profit and leave money on the table? Get over it. That is a human emotion. We want it all, don't we.

Wake up!!!!!!!!!

Thank God most of my holdings were down only 5 percent. The two 10 percenters were High Tide and HEXO. I bought more this afternoon of every single one of my holdings. I should have lightened up Wednesday afternoon when things were going crazy and Reddit was flying off the shelves.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HITI News