Just wondering other than the usual 10% stops that people have what other points do they cut their losses. I read early someone mentioning 80%. Not sure if they meant 80% loss or 80% of their in price?
I am thinking that somewhere between 10-30% would be more than enough but then you could also average down your position as well which could ultimately be chasing your losses?
I am not a day trader as such more like a week to a month so I am prepared to ride things out a little longer than most. As has been proven in the past you may decide to jump at -10% only to see it rebound off -10.5%
Your thoughts?
- Forums
- General
- when to bail?
when to bail?
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales