Nah, this is a buy. 
ARKK (barkk?)
- Thread starter The_Krakenite
- Start date
SARK is a major sell here.Nah, this is a buy.
Long yesterday at 39.63
nice little pullback here. Still looks very long to me so I'll stick with my position.
Continues to move against me as I've been wrong. It's not a leveraged trade and it's small enough to keep holding.
We can add that to the trader excuse thread.
Why would the size of the position have anything to do with whether you continue to hold or not? Pain of loss, fear of missing out, or something else?
I didn't enter it as a trader. I entered it as a long term investment and committed less than 2 percent of my TLNW to the purchase, so it could go to zero and my toes would still be tapping.
You can also count on Deaddog to throw cold water on weak decisions.
Question to Deaddog : do you have a formula for size/stop loss/taking profits? What determines your entries and exits? I can't remember if you're a day trader or if you are willing to let a trade linger. I know your past losses have a great influence on your trading today and you'd rather take your gains too soon than risk a temporary loss on a reversal.
Question to Deaddog : do you have a formula for size/stop loss/taking profits? What determines your entries and exits? I can't remember if you're a day trader or if you are willing to let a trade linger. I know your past losses have a great influence on your trading today and you'd rather take your gains too soon than risk a temporary loss on a reversal.
At what point does a long term investor ever sell a position?
Selling is painful. Even if you sell at a profit there is a chance that the price will take off from that point. Then off course there are taxes once you are in a profit position.
Step back and ask "Why am I investing?", then ask "is this position assisting in acheiving that objective?"