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Co-Wise: How do you set the stop loss point / profit target ?
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How do your set the stop lost point / profit target?

Being punctual means only that your mistake will be made on time. People always say we need learn from our mistakes but in reality we need to know we are making a mistake in order to learn from it. By having experience we also tend to make new mistakes instead of old ones. There’s an old saying if we enjoy what we’re doing we’re probably wrong. But be not afraid to venture for the journey of one needs a first step to be made.

Below shows how we can use the app to do a stop lost setting.
How do your set the stop lost point / profit target?
How do your set the stop lost point / profit target?

Failure is the opportunity to begin again more intelligently. If you are in a hole, stop digging.
These are the things I always look into when doing tradings.
Yes true life experience from Ocugen stock , I learn my mistake from making a stop lost back then where I buy in at $8.9 and when it change hands the stock begins to drop in order to make a greater lost I decided to use stop lost to prevent further lost. But looking back now at the price of $10 I know I have made a wrong path it’s jus a two months wait before it actually went back up.
Buying a stock to trade really depends on your instincts if you really think it will grow and it’s the correct time to enter.

For profit taking, I believe some of us have notice the trend that whenever there’s a quarterly announcement for the company jus one week before, the price will tend to fall so that’s the day I would normally take my returns
Leave a like & comment if you like what I’ve written or share your thoughts if you think otherwise.
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我不是财务顾问,这不是财务建议
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