Buy the shares - make a mental note of my stop and work out what looks a reasonable profit - leaving enough meat on the bone to make it attractive for someone else - and throw a sell order in front of it.
May only make 10% or 20% on a runner but I can rethink once I am out.
Think of it as a reverse stop loss.
The leave meat on the bone is important. In order for someone else to buy your shares it must be attractive to them. They must see a profit.
Don't get greedy. Every trade is just one of hundreds you will make.
- Forums
- ASX - Day Trading
- daytrade diaries... september 25
daytrade diaries... september 25, page-104
-
- There are more pages in this discussion • 92 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
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online