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Amals

Posted by goldielocks @ 8:26 on May 18, 2023  

I think we can all relate to these losers. When it comes to this volatile sector it is just better to put in a percentage loss and stick with it. Better to lose 7-10% than 90% It would be even better if we could put in automatic trailing stops. You might come out green if you bought it at a lower price.
On the other end these stocks like to make a long tail down which likes to disappear from the charts sometimes and take out all stops before it moves up. But at least it don’t cost to buy and sell anymore.

Now the blood sucking demos want to tax us on unrealized gains. They must sit around all day trying to dream ways to get your money. Shameless low lives. If they didn’t get insider info imagine how much they would lose. Not that they should ever get away with it  but if it did you could claim your loses and not have to sell the stock.
Traders shorter term would have a new strategy. Buy low but not too low claim loses to offset future taxes then sell at the high.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.