Would You Take a 4% gain in 3 days?

Discussion in 'Trading' started by igum, Jul 26, 2005.

Would You Take a 4% gain in 3 days?

  1. Yes

    25 vote(s)
    78.1%
  2. No

    7 vote(s)
    21.9%
  1. The perennial traders' question.

    Can't calculate it as x% in 300 days as that ignores the losses we also take.

    Samson is partly right - depends on the risk you took.

    More importantly, depends on your analysis of the next move. If it may go down (>50%), sell. If it looks >50% it will go up, hold, and move your stop up.
     
    #11     Jul 26, 2005

  2. Never met a person who lost money taking profits :)
     
    #12     Jul 26, 2005
  3. that's an example of a total bullshit line. i've met tons of traders who lost money taking profits too soon, out of line with risk, etc etc. the world does not need more trading platitudes.....
     
    #13     Jul 27, 2005