RE:RE:RE:RE:RE:BPY & BPYU – The End of the Dividend And Negative Equity 2 wNey NP
Definitely tricky trying to "guess" where anything is going in the short term in these markets let alone something like BPY. My wife and I have our long term shares that we always just hold but I've been doing a bit of short term trading in BPY with some extra cash. It's now gotten too risky for the trading so it's on hold for now.
One of the things I used to do when I was more active was use a trailing stop loss. As an example, at this point with BPY.UN, I'd be a stop loss in at 17.85. If BPY goes up, I move the stop loss up by the amount it goes up. I found it worked better than trying to pick a top to sell at as it allows you to benefit if the stock continues trending uwards.
Something to consider especially with just part of your holding.
Ciao
Sarge
NPCexe wrote:
maybe they knew there was no point if the BB boosted the SP. I'm gonna watch it next week because I don't want to lose this profit like the last time we hit 18. I put a lot of my eggs in here, and I don't want to watch them break!