Recent content by 16WTrader

My own personal rule is to sell half the position when it doubles, no exceptions. Therefore, in your case, I would sell three at .56 and let the balance of the position run. You can also write a call against what you have therefore locking in your profits and reducing your cost basis (net...

If they take deposits, which they do, (described as tuition, fee) why would that make them NOT safe? I am new to the whole prop thing....but strongly considering going in this direction. The fee is small, and apparently reimbursable, however I am still skeptical about the whole deposit...