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$Trump Media & Technology (DJT.US)$ bought at 70, wait or se...

$Trump Media & Technology(DJT.US)$ bought at 70, wait or sell
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  • 10baggerbamm : you have a real loss and now you have news coming out that the company only had 4 million in revenue which is pathetic I mean my little business did 30 million when I owned it a few years back and I wasn't valued in the billions of dollars. the lesson that you should learn and everyone that steps on a landmine ultimately needs to figure this one out for themselves.. the lesson is you must use a stop loss order.. you pick a percent that is just a little higher than the volatility of the daily movement of the stock and you put a sell order at that percent and that's it you walk away you're done because what you don't want to have happen is take a small loss and turn it into an enormous loss right now as a matter of percent the stock needs to go up about 80% for you to just break even. so if a speculator comes in and buys today they may sell it when they're up 20% 30 so you're going to have a lot of backing and filling taking place it's a long ride in order for you to just break even.. there's a periodical called investor Business daily the editor-in-chief William O'Neill he uses a 7% stop loss. doesn't matter what the company is fast Market slow Market what industry whatever sector he says when you are down 7%, you take the loss you make it a mechanical entry you don't let emotions take over you put that stop loss in you stick to it and adhere to it. so that's the lesson that you need to take as to your choice asking people here nobody knows nothing that's the second rule in investing you're going to align yourself emotionally with somebody that agrees with you. so if you hear an analyst on TV say something favorable you'll think I like that guy he's right and somebody talks negatively you'll say he's an asshole he's wrong but at the end of the day nobody knows nothing your money your decision

  • 104132545 10baggerbamm: 👍

  • Pawpetrol : you shall be rewarded

  • Greg Kelley : Wait!!!

  • 72749871 : I got in and out real quickly. Bought in at $47 and sold at $75 and made a quick $3,500! I’m glad that I did!

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