Originally Posted by Hammock Parties:
is it time to take profit on LCID? damn
Decide if you’d like to take profits on 25 or 50% of the position. One strategy is each day raise your stop loss on amount you plan to sell to low of previous day and just wait until you’re stopped out. This gives you best chance to catch most of a large vertical move without selling too early and missing more gains or selling too late and losing these gains.
I’ll give you an attaboy. Nice job making money on this. [Reply]
Originally Posted by Rain Man:
Get off my lawn, ya dagnabbed whippersnapper.
But ... yeah, maybe. I still have the aggressive heart of an investing warrior, but I've run the numbers and a 3.5 percent post-retirement return buys me the life I want. So I want the lowest-stress way to make that 3.5 percent.
Your life will be boring as hell. I wake up every day eager to pull my Etrade account up and see what color it is ! IT MAKES ME FEEL ALIVE!!!! ALIVE I TELL YA! [Reply]
Originally Posted by Hammock Parties:
Already sold 33 shares a few weeks ago.
This is getting pumped hard at closing, I'm just going to hold thru the end of the week at least.
Fingers crossed.
I'm in a similar boat, trying to decide how I want to play it. There's going to be an inevitable pullback, but will it continue to grow in the grander scheme? The EV market is so difficult to predict. [Reply]
Originally Posted by lewdog:
Decide if you’d like to take profits on 25 or 50% of the position. One strategy is each day raise your stop loss on amount you plan to sell to low of previous day and just wait until you’re stopped out. This gives you best chance to catch most of a large vertical move without selling too early and missing more gains or selling too late and losing these gains.
I’ll give you an attaboy. Nice job making money on this.
If it were me, I'd put the stop 120% of the biggest day since the start of the move, off the prior close. A volatile day might still get you, but especially if it's been fairly choppy it will probably have a better chance of not stopping you out on the way up. [Reply]
Woof UWMC taking it in the shorts. Sell off on monster volume today.
My apologies, I thought the bottom was upper $6's. It's in my passive account so I'll just hold for now and collect the 5% dividend.
Also in my passive account (ROTH IRA)
LCID
AAPL
CGC
PYPL
SMG
ARKK
ILUS
I like to add some beaten down value plays in this account, hopefully ride a wave up, and sell off later for profit on some of these names and move to other value plays. [Reply]
