I continue to let it run and regularly set an SL in case of a sharp setback, which I actually expect.
•
66
•
@TradingHase I would do the same in a normal portfolio
•
44
•@TradingHase The SL unfortunately broke the necks of many investors during the last drop. Down 30% overnight in Australia until it was suspended from trading. All SLs reacted immediately in the morning. In the next hour all guards bought the dip (which wasn't really one).
I don't have a better solution either, the stock is hot and highly speculative. But an SL when the home exchange is OFF is unfortunately not always as convenient as one is used to :-)
I don't have a better solution either, the stock is hot and highly speculative. But an SL when the home exchange is OFF is unfortunately not always as convenient as one is used to :-)
•
33
•@Ludaaa7 @Hotte1909 Yes... Not an hour after my comment, where I didn't look for once, the SL has struck. 🙈
Ok, profit taken, but I didn't really want to get rid of them yet.
Admittedly guilty - bought back in. 😂
Ok, profit taken, but I didn't really want to get rid of them yet.
Admittedly guilty - bought back in. 😂
••
@TradingHase there is no right or wrong, or you only know that afterwards.
Most of it happens in Australia while we sleep. If the price then falls to €2, you just sell in the morning for €2, even if your SL is €2.50.
At that time, it went straight back up 50% from the dip. That hurts twice as much when you want to get back in.
If it had gone down further, you would have been happy about damage limitation.
Just want to say: it always sounds so relaxed to have an SL. But it doesn't always have to be. Of course, it wouldn't change the price drop and the pain ;-)
Most of it happens in Australia while we sleep. If the price then falls to €2, you just sell in the morning for €2, even if your SL is €2.50.
At that time, it went straight back up 50% from the dip. That hurts twice as much when you want to get back in.
If it had gone down further, you would have been happy about damage limitation.
Just want to say: it always sounds so relaxed to have an SL. But it doesn't always have to be. Of course, it wouldn't change the price drop and the pain ;-)
•
11
•@Ludaaa7 That's the unfair thing about the stock market, you're never told what's going to happen next. 😂
•
11
•@TradingHase and what did the SL do today? :-D
••
@TradingHase I got back in at 2.82
•
11
•@Ludaaa7 Nix, it's off. 😂
•
11
•@MainTyp 90% out at 3.10
••
@TradingHase but the last 2 hours exactly what I meant yesterday happened. If you wanted to stay in, you would have been massively annoyed by the SL this morning. Even if you wanted to sell... ;-)
••