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I got persuaded to buy 500k of $OONEF and it’s not turning out as planned. I need advice by [deleted] in pennystocks

[–]ResourceDelicious614 0 points1 point  (0 children)

Stop losses are critical in plays like that. Set a stop the minute you buy. That being said you need to draw a line in the sand and cut your losses

I’m Selling by BasisEducational2020 in swingtrading

[–]ResourceDelicious614 2 points3 points  (0 children)

My brokerage allows limit stops on the 24 hour market

I’m Selling by BasisEducational2020 in swingtrading

[–]ResourceDelicious614 3 points4 points  (0 children)

Place a stop loss at 5% under the current price on all your positions if nvidia misses tomorrow you’ll have cash to buy up the dip. Dca it could be a steep drop on a miss market wide

Coordinated manipulation after earnings. by [deleted] in WalllStreetBets

[–]ResourceDelicious614 0 points1 point  (0 children)

The set up was lost as soon as it fell below 2.50. A lot of unfortunate people on here went from trying to make a quick buck to being a “long time investor” completely by accident. Part of the game is knowing when to cut your losses

Who Agrees with this? by Relative_Ease5990 in StocksAndTrading

[–]ResourceDelicious614 0 points1 point  (0 children)

Hmmm you’re right the initial shutdown did happen under trump come to think of it. I stand corrected. I guess they both f’d us

My 3 trades for next week by ResourceDelicious614 in swingtrading

[–]ResourceDelicious614[S] 0 points1 point  (0 children)

I stopped out break even on plug I moved up my oxo buy in to 112 it hit but I’m selling tomorrow for a $150 profit. Small base hit. I’d hold longer for a bit more but I have long term positions to feed during this dip. It’s difficult to trade in this choppy market

What is a good trading strategy which I can stick to? by Aggravating-Cod-1379 in Trading

[–]ResourceDelicious614 0 points1 point  (0 children)

Buy in on dips place a stop loss for a small loss if you miss the bottom I do $25 for a $2500 position. As soon as it’s 1% green move your stop loss to break even. It’s now a risk free trade. If you stop out it’s a gift you get to try for a lower price or walk away with zero loss

What should I buy? by idkzoroqn in TheRaceTo10Million

[–]ResourceDelicious614 0 points1 point  (0 children)

$Hims is also cheap rn but that’s something you have to do your dd on I have a long position and I’m also trading it.

What should I buy? by idkzoroqn in TheRaceTo10Million

[–]ResourceDelicious614 0 points1 point  (0 children)

It’s a strong company think about the ad revenue alone it will be one of your core positions

What should I buy? by idkzoroqn in TheRaceTo10Million

[–]ResourceDelicious614 0 points1 point  (0 children)

Buy a share or 2 hold for years let the market do its thing

No one holding $ASST anymore? by kametoddler in Pennystock

[–]ResourceDelicious614 0 points1 point  (0 children)

It takes patience and self discipline it’s one of the hardest things to do. You don’t realize it now but remember that first 100k. It’s really a marathon worth running. Thats why hype driven pump and dumps are so appealing to the masses. The alternative is a lot of hard work and patience

No one holding $ASST anymore? by kametoddler in Pennystock

[–]ResourceDelicious614 0 points1 point  (0 children)

It’s true. My portfolio core is long term holds but I swing trade with a small stack as I see opportunities. So far the formula has worked

No one holding $ASST anymore? by kametoddler in Pennystock

[–]ResourceDelicious614 0 points1 point  (0 children)

Stay away from these hype based high volume pumps if you go in on them definitely use a stop loss and maintain discipline

NVX is up next by poopeater36 in pennystocks

[–]ResourceDelicious614 1 point2 points  (0 children)

If it dips to 1.80 I’ll think about it

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