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Whalatane

04/08/20 2:37 PM

#263961 RE: Lemmiwinks #263960

Lem. you can always flip some if it makes you feel better .
I often trade in stages
If I've been fortunate to double my position ...I always sell half...to cover my initial cost . So if I had bt at $4 I'd would probably wait to see if we hit $8 ...and then sell half.
If I'm down 20% on a new buy ..I sell half and re evaluate

This approach has kept me relatively safe over the years
Kiwi
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dmiller

04/08/20 2:44 PM

#263963 RE: Lemmiwinks #263960

Heart is emotional. You need to use the brain. Your emotions got you into this mess to begin with. Mkt has been on a heck of a run the last few days. Mkt will fall back. ER are going to be scary.