SPDR S&P 500 (SPY): Stop-profit saved my ^&%! People always...

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Friday, 02/25/2022 12:10:56 PM

Friday, February 25, 2022 12:10:56 PM

Stop-profit saved my ^&%! People always talk about stop-losses, but when I'm solidly green in a trade and it starts to change direction, I set a minimum amount of profit I am unwilling to go below.. When it reaches that general area, I sell to preserve the profit.

I hit that amount at around 10 this morning! I'll be back for any next leg down.

All IMO

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