FUTU - Chart Link- been a nice move: Again you
have to determine what your time frame is on this. I'm trying to
hold a piece longer term for now. But clearly it's given a very
nice initial percent gain from that trendline break trigger - a
short term trader could be happy locking in profits now and moving
on. Another trader might want to hold it for potentially move
up to the low 100's in that next resistance zone.
or another trader could do a hybrid approach: an example would
be if they bought 100 shares, sell 50 or 70 of those shares and
keep 50 or 30 of those remaining shares for a bigger potential
swing
thank you, and it's a good example of why trading is not black
and white like a math equation: There's all sorts of variables that
come into play depending on trading style, goals, risk tolerance,
emotions, etc - all these decisions one has to make that can be
difficult at times - and you have all that human emotion
coming into play to cloud your judgement
to me it's always far easier buying into a position than it is
exiting/selling - exiting is always the toughest part, where to
exit, exit all, exit part etc
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FUTU following through
Posted by matt on 6th of May 2024 at 09:41 am
FUTU - Chart Link-
Update: FUTU following through
Posted by matt on 6th of May 2024 at 11:19 am
FUTU - Chart Link- been a nice move: Again you have to determine what your time frame is on this. I'm trying to hold a piece longer term for now. But clearly it's given a very nice initial percent gain from that trendline break trigger - a short term trader could be happy locking in profits now and moving on. Another trader might want to hold it for potentially move up to the low 100's in that next resistance zone.
or another trader could do a hybrid approach: an example would be if they bought 100 shares, sell 50 or 70 of those shares and keep 50 or 30 of those remaining shares for a bigger potential swing
This is me pushing the
Posted by fluffycone on 6th of May 2024 at 11:35 am
This is me pushing the "Like" button.
Thank you for providing these different perspectives / use cases.
thank you, and it's a
Posted by matt on 6th of May 2024 at 11:44 am
thank you, and it's a good example of why trading is not black and white like a math equation: There's all sorts of variables that come into play depending on trading style, goals, risk tolerance, emotions, etc - all these decisions one has to make that can be difficult at times - and you have all that human emotion coming into play to cloud your judgement
to me it's always far easier buying into a position than it is exiting/selling - exiting is always the toughest part, where to exit, exit all, exit part etc