Post by
Dragonflyinvest on Aug 08, 2024 2:56pm
Now comes the hard part. The chance that your holdings will
show a profit before another series of gains followed by setbacks is not good, and any profitable swing trades will help restore account balance. Of course using a 5% gain sell point might be appropriate because it is more likely to fall back to 2-1/2% than run up to 7-1/2% - as a rule!
I’d love to hold until my stock’s cost per shows a gain, but that might be awhile, and swing traders make their money over the short term. Any thoughts from thems out there in the same predicament?