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Truenorth2016

08/18/20 10:02 PM

#68583 RE: WinstonB #68582

The point in which you decide to sell is when you see monstrous DD, updates and news and volume comes in and the stock isnt moving. This means the buys are fighting the people running out dumping and the buys are not winning.

You will then see people who bought in too high start too sell and cause a domino effect and everyone trying to run out at the same time and the stock is now on a downslide and impossible to get back up unless blockbuster news saves it....Hence what happened to ELRA today. The person who smacked for example 10 MIL .0007s now see the 6 bid weakening so he sells for a loss and causes more selling and so on.

The biggest way to make sure you know when to sell is when you simply just made a reasonable amount of money. This means you are not always going to get $4000-10 grand a day like some of these guys on IHUB. They belong to groups in which they have tactics to make that amount and some are even nailing 100K days.

Bottomline, JUST DONT BE GREEDY, AND YOU WILL BE FINE!!

find them

08/19/20 6:54 AM

#68589 RE: WinstonB #68582

Trade them, don't marry them.

thugnificent

08/19/20 8:26 AM

#68592 RE: WinstonB #68582

Goal was buy 2 or 3 and sell 5 or 6 and repeat. Make money and move on. Not every hit a home run. Base hits pay bills. Make small flips with this stuff. Dont overthink it. Known what you are buying