I would hold a breath for a long time ..
Remember .. cut the losses and move on to winning trades ?
What if you lose 2k ,, if you make 4 k on next trade ..
The ultimate idea is to move from one winning trade to another winning trade,, but very hard to do ,,,
Since when ,, are we investors here ?
Even FILE ,, even though I am long on it ,, when it met my stop loss of 10 ,, I dumped it ,, to buy it back when the market is right ..
If I have the trend to 17 ,, I do not mind paying 12 - 13 ,, but will not sit there and see it erode ,,
I said to take profit on SEEK this AM .. before market opened ,, it only takes a common sense ,,
Is it so hard to understand that market is going down ,, till this Thursday .. until full house votes yay or nay ...
If nay ,, we rally ,, if yay ,, market wil drop another 1,000 points according to pundits ,,, |