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Re: HoldEm777 post# 92059

Sunday, 11/12/2023 4:42:48 PM

Sunday, November 12, 2023 4:42:48 PM

Post# of 98739
Taking profits is what you are supposed to be doing when you invest in any stock. I always get my risk out of the trade as quickly as possible. I don't care how sexy the story is on any of these stocks. NHMD is no different and I don't care how many contracts they have.

I learned my lesson the hard way in 2019 as I bought a stock sub-penny and traded it correctly until around .50 cents where I got scared to sell any more because I believed it was going to the NASDAQ. Thank God I took the profits I did when I was trading it properly. I had sold around half my position and held the rest. That's where I made my mistake. Long story short is that the stock went to $1.30 per share and I left over $600k on the table before it collapsed. Today that stocks sits revoked. I will never make that mistake again.

Never fall in love with any of these pennies. Trade them and don't marry them.
Bullish
Bullish

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y