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Norton1973

06/09/20 8:57 AM

#1669 RE: Neight #1668

I sold some in that area, myself. Hey, profit is good. This was a fast mover, was hard not to take some profits if one was in around spac lows. NKLA
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Scandle34

06/09/20 9:07 AM

#1671 RE: Neight #1668

never feel dumb for taking a profit. Never.

I just relearned that lesson last night when I raised my expectations on a pharma and at close last night they announces mixed results on phase III trial... could have sold at 30% profit or more several times, but was expecting a double. Went from 3.23 before halt at the bell to reopen after hours at 0.09. Recovered to 1.74 overnight and hoping the good part of the mixed news gets me close enough to good...

... always go with your instinct when it's time to sell. You always miss the money you lost more than you miss the profit you might have had.
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Rawbot

06/09/20 9:14 AM

#1672 RE: Neight #1668

Any sale in the green is a successful trade IMO. FOMO and looking back at your "failures" isn't productive.

What I try to do is a day trade a hot stock and then only keep my profits invested if I believe in the company. Right now 75% of what I have reinvested in NKLA is profit from day trading it a month ago.
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koolmc

06/09/20 9:40 AM

#1677 RE: Neight #1668

it's profit enjoy it, imagine those who didn't buy at all