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RE: Maybe all the money flowing out of Cannabis stocks is coming back to Crypto ??? Who knows....
Yeah.. I try to sell when I have a $1,000 gain and then buy back a smaller amount ... but every now and then you get caught away from a computer when that stock drops 150 points in 2 days
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Always have a stop loss in mind when you put on a trade. If you set a stop loss, and it tanks a bit while you're not actively trading, at least you'll probably be able to buy back in lower than your stop loss. So while you may have lost the original 10% (or whatever you set the stop loss at), if it dropped 25%, and you bought back in there, you're not too bad off. You've got another chance to make up the 10% you lost and then some.