Nobody 404 posts msg #147278 - Ignore Nobody |
4/9/2019 10:16:22 PM
I’ll give it shot at this price
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four 5,087 posts msg #147280 - Ignore four modified |
4/10/2019 12:34:28 AM
Profit target?
Loss target?
Position size relative to portfolio?
Time frame?
etc.?
-
"I’ll give it shot at this price"
50% loss is a 50% loss [whether: $150 - $75 or $2 - $1] still need to double the left over to get back to even.
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Village Elder 231 posts msg #147284 - Ignore Village Elder |
4/10/2019 8:22:06 AM
Asking others whether or not they would buy it indicates a lack of a well-defined trading system or "edge". Why this particular stock and not others?
I personally would not buy this as it is below $1 and is showing no signs of either a developing upward trend or any mean reversion. Any short-term gains are going to be eaten up by the bid/ask spread. However, if you do trade this, I hope it turns out to be profitable for you. GLTY
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Nobody 404 posts msg #147285 - Ignore Nobody |
4/10/2019 8:22:47 AM
Hi Four,
Profit target? 10/15%
Loss target? 3-4%
Position size relative to portfolio? 3%
Time frame? 30
etc.?
Thanks - looking forward to guidance - mostly it’s me making errors... pls feel free to guide
Thanks
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Nobody 404 posts msg #147286 - Ignore Nobody |
4/10/2019 8:28:32 AM
Village Elder
Yes- I’m still trying to figure out stuff- so asking - looking for directions
Reading / asking
Thanks
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four 5,087 posts msg #147290 - Ignore four modified |
4/10/2019 10:30:52 AM
Next step...
Nobody,
How did you arrive at these values (see your above answers @ 4/10/2019 8:22:47 AM)?
Is time frame 30 days or 30 weeks or ... ?
Why not take 1/2 off the table OR add to the position ? Or another combination ?
Entering as a limit OR stopLimit order ?
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Nobody 404 posts msg #147291 - Ignore Nobody |
4/10/2019 11:01:46 AM
How did you arrive at these values (see your above answers @ 4/10/2019 8:22:47 AM)?
I looked at Support/ resistance- Range - etc
External none chart stuff also - like cash/shs
Is time frame 30 days or 30 weeks or ... ?
30 days
Why not take 1/2 off the table OR add to the position ? Or another combination ?
I’d like to actually take all off table -
stopLimit ordeR - yes (But thinking mental stop - better)
Four - May I ask - if you can recommend a system I can start with targeting small cap plays
Thanks
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Nobody 404 posts msg #147294 - Ignore Nobody |
4/10/2019 11:08:24 AM
Mostly - locating beaten down stuff and trying to find some gains salvage value or recovery
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four 5,087 posts msg #147303 - Ignore four modified |
4/10/2019 11:35:34 PM
Nobody,
"stopLimit ordeR - yes (But thinking mental stop - better) "
1. Why?
2. Based on what: ATR, moving average, RSI...?
"30 days "
1. Why?
"Four - May I ask - if you can recommend a system I can start with targeting small cap plays"
1. Why choose small cap?
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johnpaulca 12,036 posts msg #147304 - Ignore johnpaulca |
4/10/2019 11:43:51 PM
Try to triple your money using paper trade, if you can then go live. This could take a few months or a few years...glty.
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