Submitted by United-Display-386 t3_10nv1vn in wallstreetbets
Baconstrips96 t1_j6ba18e wrote
15% auto sell for me
United-Display-386 OP t1_j6bake2 wrote
Thank you!
United-Display-386 OP t1_j6bb3ik wrote
Can you explain more details why do you set 15% 🧐 if you are a full time trader? For 15% means the stocks can be hold for some days ( they may have more chances to bounce back🧐?, ( seems many people set this % too).
Baconstrips96 t1_j6bh66n wrote
Just found that in my experience 15% down from when I bought in means my due diligence and decision was wrong. And most likely will continue to plummet. Obviously it depends what the play exactly is. But for the most part once it hits that point that’s where I’m comfortable backing out.
United-Display-386 OP t1_j6bhs4z wrote
I like the sentence “ the most part once it hits that point that’s wheee I am comfortable backing out 🤓”
Baconstrips96 t1_j6f26zc wrote
Better than “I sell at 98% loss” 🤡
United-Display-386 OP t1_j6ftbd6 wrote
Yes I understand this feeling
surfward t1_j6c6s3r wrote
Options or shares?
Baconstrips96 t1_j6dxwt1 wrote
I don’t mess with options. Not knowledgeable enough to produce fruits. Would just end up losing all my money like most others here lol.
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