Sell! Sell! Sell!

BilltheCat · Mar 4, 2021

Well I've had enough. Put in a bunch of trailing stop limits on any of my stocks that were still in the green last night and they all sold off within 10 minutes of opening today.

I'm still keeping anything in the RED or any stocks that I still like that have a good dividend.

The best thing is by doing that I've probably saved myself over 5K on losses today. Doesn't mean I won't buy back in, but will wait for this correction to cool off a bit.

Anyone else thinking of doing this or have done it already?

CoachCB · Mar 4, 2021

Good for you. I need to do the same.....

CHOPTALK · Mar 4, 2021

Tiz is that you?

CoachCB · Mar 5, 2021

I'm getting kicked in the nuts again. I sold off a couple of losers early, wish I had sold more. smh

CoachCB · Mar 5, 2021

Nice end of the day rally! I made a 2.5% comeback. Now I'm only down about 14-15% on the year!!

BilltheCat · Mar 5, 2021

A nice rally for the stocks that I have not sold yet. Nice to see that some of the others I did sell still went down another 10% - 20%. I am now sitting on a huge amount of cash. Let's see what happens the first couple of days next week and start re-deploying.