Yeah, pulling the trigger is one thing. Knowing when to get out is another altogether... how much more can I get from the rest of this position? I feel like I can get 50% or more, for sure.... but then again, I don't want to get greedy and miss the boat while I'm up 25% or 30% either. 30% in two months would be a very nice gain on this one. It was $8 just a couple weeks ago, and it could easily be $8 again tomorrow, or next week. I've got it! Limit order at $13 for Friday the 13th. That way I can't miss the boat by not being online when GBTC spikes over 30% for a minute, and comes back down the next.
I have 17 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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