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Day Trader’s Aftermarket Lounge 11 Mar 2019, page-32

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Bowser.

11,329 Posts.

11/03/19

18:11

Post #: 37723917
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Originally posted by kenjikool: ↑

Hi @Bowser./a>. I know this is a DT thread but i have a question for you. I bought SPT @ 78c and planned on getting out at $1 (if it got there, first stop loss was 75c). I ended up putting a stop loss at 95c when it got to the $1 cause i thought it might jump through this time. (it would have cost me $400 if it came back) so every time it got to say 1.10/1.20 i changed my stop loss and held on until it retraced today from $2 to $1.90. Rather than in and out with many brokerage fees? Maybe you had much larger amounts than I did? I'm trying to work out the best way when these kind of runs happen. Thoughts? i did it with RHT and have made losses but at least they are small losses with the stop loss in place.

So i suppose my question is why don't you let it hit the stop loss once it hits your target rather than jumping?

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i understood none of that. why didn't i buy at $1 and sell at $2? because i'm not a genius.

you sold at 1.90 after it retraced from $2?

Last edited by Bowser.: 11/03/19
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