Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Whatever the cost of it is.
You should definitely sell... at least your principal. Then ride it out. That way you don’t lose anything.
I am.
Noob dumb ass question time... How do you protect your profits after a significant gain?
Say you sold and gained $1,000 from your exit than what's the next or best move?
yeah they on fire right now. at $6, i'm dumping my 800 shares.
that'll be a nice turn around on just a $300+ investment.
I will because I am holding on like a motherfucka
Congrats on the profit bro.
Typically I start scaling out after I hit my price target.
Eg: I buy 1000 shares of HTZ at $6 and my PT is $10.
If it hits $10, I sell 500 shares.
If it hits $12, I sell 250 shares
If it hits $14 I sell the last 250 shares.
If it breaks support at any time and I have a clear exit signal, I’ll sell it all, with my original PT as my stop loss.
As far as the profit, I look for another play and invest it there. Once I hit my weekly goal, I’ll take a small amount, pay myself, and put money to the side for capital gains tax.
Hope this helps.
Depends on your philosophy. To me, i would sell the initial investment plus 12-15% minimum.
example -
COMPANY ABC is $10 PPS
YOU: BUY 100 ABC @ $10 = $1,000 principal investment.
two weeks later, ABC is @ $20 PPS.
I would SELL:
60 shares of ABC @ $20 PPS = $1200 banked.
you own 40 shares of ABC worth $800 but have your $1000 principal plus $200 profit.
you can decide what to invest in with that but you are protected from losing anything from ABC.
that is a simplistic example but one i think answers your question.
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I told you it was selling at a discount. Look at it now.FYI incase brothas weren’t aware, $NKLA = $VTIQ. Reverse merger last week to change to ticker.
NKLA is it to late catch the run? They boomed today! I’m way ahead on my GUSH and happy as hell with that investment. I got in on GUSH in low thirties when I saw someone mention it earlier in this thread.
FYI incase brothas weren’t aware, $NKLA = $VTIQ. Reverse merger last week to change to ticker.
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Yeah Chesapeake Energy Corporation did well for me.
Happy you got in on GUSH. I tried to tell my kinfolk when it was at 31.00. Ended up with a significant gain there. Tried telling folks, their high was somewhere near 3-4,000$.
Is this still available?
The Discord is like a BGOL reunion. Hope everyone is getting paid. Again, @Thrill3Seeker thank you.
@Thrill3Seeker can I get the discord link
I’m probably the only one active poster in this thread that didn’t join yet
we need to start our own chat. That shit cost?
Naw, he just asks for donations based on earnings. Real cool spot with lots of info.I’m probably the only one active poster in this thread that didn’t join yet
we need to start our own chat. That shit cost?
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I researched it first and they did about 6 reverse splits to get to that high so I’m not expecting unrealistic highs like that anytime soon but I am quite content at what I’ve gained from GUSH so far
PM
This thread remind me of the bitcoin thread of a few years ago. BGOL is a wealth of info that is hard to find anywhere. Is that link still available?