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re: Dow above 40,000. Are you doing anything different?

Posted on 5/22/24 at 8:29 am to
Posted by Jag_Warrior
Virginia
Member since May 2015
4181 posts
Posted on 5/22/24 at 8:29 am to
quote:

Setting stop less orders. 190 for Apple, 330 for Cigna.


Pretty tight stops. I’m assuming these are swing trades and not investment positions?
Posted by Ccssp1
Member since Mar 2024
77 posts
Posted on 5/25/24 at 1:29 am to
I have a habit of trying to earn premium with about 20% of my biggest holdings. 80% I never touch, unless I’m permanently liquidating or starting a position. 20% is used to take profit, earn premium, buy back in after a downturn, etc. I wish I could claim to have a strict system to share but I think the key to the success I have had is more due to the fact that I have chosen good quality stocks rather than my method of investing
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