Stocks trend. A lot. Much more than Forex. Pfizer is going parabolic while breaking all time high and $50, this could be the start of a big trend, or it might not.
Let's look at a few examples starting with Pfizer.
Clearly we see how with stocks we can make big multiples of our risk.
Like 25R in stocks versus 10R in Forex (for example, reality is probably close to that)
Zooming in the little impulses:
I don't know how many "casuals" are interested in Pfizer, but it is a word billions of people know.
We can look at Tesla & PonziStop:
How about another one just to illustrate?
So the question is, how to hold on but without giving back all profits?
1 solution is sell half once a stop is reached keep half with a much wider stop.
Smooths out the PnL. And this is probably what I'll do.
On a longer TF I'd look to add, here this is all a short term play, expecting the stock to go parabolic.
I am at exactly 5 times my risk (counting spreads) as of writting this.
Hasn't even been 2 weeks yet. Talk about a monster. This risk a monster correction too. Hopefully it warns before.
Let's look at a few examples starting with Pfizer.
Clearly we see how with stocks we can make big multiples of our risk.
Like 25R in stocks versus 10R in Forex (for example, reality is probably close to that)
Zooming in the little impulses:
I don't know how many "casuals" are interested in Pfizer, but it is a word billions of people know.
We can look at Tesla & PonziStop:
How about another one just to illustrate?
So the question is, how to hold on but without giving back all profits?
1 solution is sell half once a stop is reached keep half with a much wider stop.
Smooths out the PnL. And this is probably what I'll do.
On a longer TF I'd look to add, here this is all a short term play, expecting the stock to go parabolic.
I am at exactly 5 times my risk (counting spreads) as of writting this.
Hasn't even been 2 weeks yet. Talk about a monster. This risk a monster correction too. Hopefully it warns before.
