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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (112563)	10/28/2020 8:30:43 PM
From: Rarebird	Respond to of 116753

One other thing I want to share here before I take a long walk in the mountains with my wife and dog. This year I have set some of my stop loss orders a little over 20% and it has worked. I bought SHOP and TTD and they both initially fell 17% and 19% respectively before I made 50% on both. These markets are extremely volatile and if you don't give some of these positions big leeway's, you will end up selling before the big rally gets started. I realize the flip side is that it can keep on falling and turn into a massive loss. I am just sharing what has worked for me. Every stock is different and requires a different risk profile. But getting out to soon might be safe in one respect, but in another respect is not giving your position a chance to breath and be itself. The Miners are highly volatile.