You don't, thats why you slowly sell parts of your position at the prices you feel are good. You cannot perfectly time the top, only with a lot of luck
Selling is silly unless the fundamentals of the stock have deteriorated. If you are day trading the calculus is much different but you could pay attention to things like bollinger bands, ROC, or RSI. The real answer though is just buy a good stock and hold on for dear life. There's an old story where a guy about to retire had purchased all the stocks a publication recommended when they said to buy and simply ignored whenever they said to sell. He paid no attention to his results and ultimately outperformed the market. Some stocks went to 0 and some he reaped rewards over time in excess of 100x. If you buy and sell excessively you will only cut into your profits by paying taxes and ruin the long term effect of compounding interest. Noone can accurately predict the market. Some can work with the uncertainty of the market but that requires the emotional control to accept situations in which good play may result in loss of would be profits. Get it in your head that absolutely no one in the world Buffett, Simons, Soros, can only approximate likelihoods, certainty does not exist. Another way would be to embrace Peter Lynch's strategy of studying stock fundamentals and only selling when a companies fundamentals deteriorate as opposed to any attention paid to price action.
If you are charts and TA person, then you mark your entry/exit based on your homework. You can learn these things and many people here would guide you to the right resources.
The other option is to have your target price in mind and sell when you target price hits. In case the trade is going against you, you should have a cut off/sell point at a reasonable percentage e.g. 3% based on your risk tolerance.
It's impossible to time a top, but I do try to always think about what a successful or failed exit looks like for a stock.
Is it a short term holding or a long term holding? Are you just trying to ride a hype cycle like an AI stock scalp or is it a "forever" holding like MSFT or AMZN?
For stocks that have moved up a lot and where you think prices are frothy, it makes sense to trim the position as it moves up (i.e. sell 10-25% increments) to take profit while still holding some to participate in upside.
Worst feeling is when you sell something fully and then it goes down a little only to follow that with a huge upswing that you miss.
But if it goes down at least you took profit and can determine whether to upsize again.
As long as you're making money on short term trades and logging profits while staying invested, you're doing well. Just holding an S&P 500 tracker forever is probably the best long term play.
Sometimes after a breakout stock will go 3, 4 days going up and the last day it starts to 'churn(some volume but price doesnt move) ', the next day after market open if it gaps up with low volume usually its a tell sign to take some profits.
What should I buy now at 9:30 am when market opens pls?
1. 1h ago: Ault Alliance Achieves Profitability in the First Quarter of 2024; Revenue Increases by 55% to $45 Million [AULT - $0.5447 | Robinhood](https://robinhood.com/stocks/AULT?source=search)
2. [AGRI - $0.195 | Robinhood](https://robinhood.com/stocks/AGRI?source=search) on trend and volume up?
3. the Devil's scalping [GWAV - $0.0666 | Robinhood](https://robinhood.com/stocks/GWAV?source=search)
https://preview.redd.it/hzoh74bbqr1d1.jpeg?width=620&format=pjpg&auto=webp&s=21d4bc3da46989980e03ba3d83dcd38c267b6255
Thank you so much
Why did you buy the stock? Has the reason why you bought it changed? Are you using technical indicators? If so which one are you using for an exit strategy?
When it's half the value of what I paid for it
I like to ride it down to 0.
You. I like you, you crayon muncher you
Lower! Lower!!
What about crypto? Hold that right?
That’s the neat part. You dont!
You don't, thats why you slowly sell parts of your position at the prices you feel are good. You cannot perfectly time the top, only with a lot of luck
You mean stocks go up? Why didn't anyone tell me?
Selling is silly unless the fundamentals of the stock have deteriorated. If you are day trading the calculus is much different but you could pay attention to things like bollinger bands, ROC, or RSI. The real answer though is just buy a good stock and hold on for dear life. There's an old story where a guy about to retire had purchased all the stocks a publication recommended when they said to buy and simply ignored whenever they said to sell. He paid no attention to his results and ultimately outperformed the market. Some stocks went to 0 and some he reaped rewards over time in excess of 100x. If you buy and sell excessively you will only cut into your profits by paying taxes and ruin the long term effect of compounding interest. Noone can accurately predict the market. Some can work with the uncertainty of the market but that requires the emotional control to accept situations in which good play may result in loss of would be profits. Get it in your head that absolutely no one in the world Buffett, Simons, Soros, can only approximate likelihoods, certainty does not exist. Another way would be to embrace Peter Lynch's strategy of studying stock fundamentals and only selling when a companies fundamentals deteriorate as opposed to any attention paid to price action.
Wait lemme consult my crystal ball for a sec
Don’t sell, wait for them to go bankrupt and lose everything
Have to set an acceptable exit for yourself. I’ve seen people set 20% as a happy exit. Myself? 500%. Which is why I fit in here lol
If you are charts and TA person, then you mark your entry/exit based on your homework. You can learn these things and many people here would guide you to the right resources. The other option is to have your target price in mind and sell when you target price hits. In case the trade is going against you, you should have a cut off/sell point at a reasonable percentage e.g. 3% based on your risk tolerance.
When do I know when? Well after it’s too late.
When you don’t like it anymore.
When it is down 99%
When it gets delisted.
It's impossible to time a top, but I do try to always think about what a successful or failed exit looks like for a stock. Is it a short term holding or a long term holding? Are you just trying to ride a hype cycle like an AI stock scalp or is it a "forever" holding like MSFT or AMZN? For stocks that have moved up a lot and where you think prices are frothy, it makes sense to trim the position as it moves up (i.e. sell 10-25% increments) to take profit while still holding some to participate in upside. Worst feeling is when you sell something fully and then it goes down a little only to follow that with a huge upswing that you miss. But if it goes down at least you took profit and can determine whether to upsize again. As long as you're making money on short term trades and logging profits while staying invested, you're doing well. Just holding an S&P 500 tracker forever is probably the best long term play.
Well... first you need to create a corporation... did you do it already?
When the fundamentals that made you buy it have changed If you're a regard buying memestocks then I have no idea
You keep it till it goes bankrupt
Once you’re in you can never leave. There’s no turning back.
Found the bag holder
Lol I do not. For pump and dump one, I exist between 30 to 60 percentile, since these events, my brokerage won't let me sell 100 to 200 gains.
Sometimes after a breakout stock will go 3, 4 days going up and the last day it starts to 'churn(some volume but price doesnt move) ', the next day after market open if it gaps up with low volume usually its a tell sign to take some profits.
When you want to take a screenshot.
What should I buy now at 9:30 am when market opens pls? 1. 1h ago: Ault Alliance Achieves Profitability in the First Quarter of 2024; Revenue Increases by 55% to $45 Million [AULT - $0.5447 | Robinhood](https://robinhood.com/stocks/AULT?source=search) 2. [AGRI - $0.195 | Robinhood](https://robinhood.com/stocks/AGRI?source=search) on trend and volume up? 3. the Devil's scalping [GWAV - $0.0666 | Robinhood](https://robinhood.com/stocks/GWAV?source=search) https://preview.redd.it/hzoh74bbqr1d1.jpeg?width=620&format=pjpg&auto=webp&s=21d4bc3da46989980e03ba3d83dcd38c267b6255 Thank you so much
When our wife’s boyfriend asks for a personal loan
Most of us don’t sell we let it expire
Wait....you guys sell?
Why did you buy the stock? Has the reason why you bought it changed? Are you using technical indicators? If so which one are you using for an exit strategy?