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OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER - Page 82

post #2431 of 2443
Nanocaps will do that
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post #2432 of 2443
No mobile app to execute a sell order?

Did you have a profit target?
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post #2433 of 2443
What made you want to trade CERU? Did you set a stop order? If not, make sure you have that in place for any short term trades if you can't jump on it at a moments notice.

Second, **** penny stocks.
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post #2434 of 2443
From my understanding, a stop most likely wouldn't get triggered in pre and post market hours. I could be wrong though
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post #2435 of 2443
Ah, true, I glossed over that part of the story.
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post #2436 of 2443
Quote:
Originally Posted by wizards23 View Post

No mobile app to execute a sell order?

Did you have a profit target?

Yea i had a mobile app (Robinhood) , but by the time i landed in vegas, markets were closed and i was up nicely so i put a stop loss of 3.00 in incase it took a monday morning dip.... what i didnt expect was it dropping a whole 2 dollars at 6 am.....ive never seen anything like that before..a rack gone in about 10 seconds when i looked at the charts

and yea, i think the stop quotes are only during regular market hours...so if thats the case, how can you protect your investment from crashing after hours or before hours?
post #2437 of 2443
Quote:
Originally Posted by Noskey View Post

What made you want to trade CERU? Did you set a stop order? If not, make sure you have that in place for any short term trades if you can't jump on it at a moments notice.

Second, **** penny stocks.

honestly, i wanted to trade it because from what i been reading up on, it looked like it was about to jump about a dollar, so i was thinking on making a grand...but it went even higher so i left it, thinking that it cant fall that bad on a monday morning....oh boy was i wrong...i almost sold everything else i had and wanted to pull whatever i had left out of the market..
post #2438 of 2443
Thread Starter 
Always sell half and put a stop above break even if you exceed your profit expectations and want to let it run for more
post #2439 of 2443
Quote:
Originally Posted by JohnnyRedStorm View Post

Always sell half and put a stop above break even if you exceed your profit expectations and want to let it run for more
I gotta remember this.
post #2440 of 2443
Thread Starter 
And if it's a real company with legitimate long term outlook, like Apple, nvda a couple of years ago, etc. raise your stop and buy the dips.
post #2441 of 2443
aye @JohnnyRedStorm, whats your thoughts On CERU? even though i lost, im still holding on, do i just sell and eat the L or wait for a bounce back?
post #2442 of 2443
Thread Starter 
Wish I'd had funds in my account I'd grab a few snap calls on a lotto for July. Chart looks decent for a turn around.

CERU well that's up to you and your plan. Do you have a plan? If not you should reflect internally and figure out your own process.

My opinion, idk maybe sell half and put a stop at those recent lows? I really can't give you advice I know nothing about this company and wouldn't ever trade this kind of a stock.
post #2443 of 2443
Quote:
Originally Posted by JohnnyRedStorm View Post

Wish I'd had funds in my account I'd grab a few snap calls on a lotto for July. Chart looks decent for a turn around.

CERU well that's up to you and your plan. Do you have a plan? If not you should reflect internally and figure out your own process.

My opinion, idk maybe sell half and put a stop at those recent lows? I really can't give you advice I know nothing about this company and wouldn't ever trade this kind of a stock.

yea you are right as to why you wouldnt, its way to volitile...i ended up resting on it and i sold everything today and put money back into snap...im glad i did, the stock fell again 60 percent while snap had a modest gain today
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