A question: You press the Sell button as soon as it breaks the SMA50 and the market sentiment is worsening or you wait a few days after it breaks the SMA50 analysing the stock or something like 5/10% above the SMA50 is enough to trigger your reaction?
I have a stock that has reached SMA50 but is maintaining around it, even though the market don't like the dillution the management is doing in order to grow.
Great write up on the selling strategy. NO ONE talks about sell strats! Thank you for sharing yours. 🙏🏾. I always struggle with mine and have points where I trim on the way up (every 5-10% move high I trim a little). I rarely let it run so your strategy is definitely good to consider.
I've been testing mine for a while, since around 2018/2019. It worked well as I was 40% cash right before COVID high and I bought in increments on the way down, but also trimmed on the way up. I'm sure if I let it run I would have done much better, but I was happy and slept at night. Only stocks I have truly let run were Tesla (but didn't trim near it's highs, I may have taken my initial investment out,bi think) and PLTR, (trimmed my initial investment around $180's). I got a little greedy with HOOD though 😢. Still holding HOOD, will look to 50W to make a decision.
Nice read. I’ve been thinking about your posts lately, especially when doing swing trades. Fundamentals are the base, but there are more things to consider.
So much more... The market isn't a fundamental beast but a liquidity beast after all. Sure, over the decades winners win but that's only the top of the iceberg.
A question: You press the Sell button as soon as it breaks the SMA50 and the market sentiment is worsening or you wait a few days after it breaks the SMA50 analysing the stock or something like 5/10% above the SMA50 is enough to trigger your reaction?
I have a stock that has reached SMA50 but is maintaining around it, even though the market don't like the dillution the management is doing in order to grow.
I do not close core holdings just for a daily close below W50 no. Always at least one weekly close below.
If it closes the week below W50 + key support then I'd close directly. But if it closes 1% below I would be a bit more patient.
If it’s a swing, I use stop losses so direct close below target.
Perfect, thank you
Great write up on the selling strategy. NO ONE talks about sell strats! Thank you for sharing yours. 🙏🏾. I always struggle with mine and have points where I trim on the way up (every 5-10% move high I trim a little). I rarely let it run so your strategy is definitely good to consider.
Glad you find it useful! Now a few more test runs to find yours! What really matters is to find a way to let amotions aside when selling!
I've been testing mine for a while, since around 2018/2019. It worked well as I was 40% cash right before COVID high and I bought in increments on the way down, but also trimmed on the way up. I'm sure if I let it run I would have done much better, but I was happy and slept at night. Only stocks I have truly let run were Tesla (but didn't trim near it's highs, I may have taken my initial investment out,bi think) and PLTR, (trimmed my initial investment around $180's). I got a little greedy with HOOD though 😢. Still holding HOOD, will look to 50W to make a decision.
Nice read. I’ve been thinking about your posts lately, especially when doing swing trades. Fundamentals are the base, but there are more things to consider.
So much more... The market isn't a fundamental beast but a liquidity beast after all. Sure, over the decades winners win but that's only the top of the iceberg.