Xring01
Well-Known Member
- Joined
- Feb 25, 2017
- Messages
- 4,209
- Reaction score
- 9,332
Reducing alot of my positions over the weekend,
Just because all kinds of crap can happen over the weekend, and the markets can tank on Monday...
Basically I am just reducing some of my exposure to risk... will be ready to buy back what I sold on Monday AM if I feel its going to be a green day based on the Global News, and the Futures outlook.
I will not sell any of my AAPL, all the rest... yes, most likely sell off 50%, which does take profits, reducing my risk to losing $$$, but also prevents me from making as much is the markets skyrocket monday am...
This is a new strategy for me, not sure if its a good idea or not.
But I hate waking up red red red on monday morning, just to hustle my day trading all day, to make a red day green.
Just because all kinds of crap can happen over the weekend, and the markets can tank on Monday...
Basically I am just reducing some of my exposure to risk... will be ready to buy back what I sold on Monday AM if I feel its going to be a green day based on the Global News, and the Futures outlook.
I will not sell any of my AAPL, all the rest... yes, most likely sell off 50%, which does take profits, reducing my risk to losing $$$, but also prevents me from making as much is the markets skyrocket monday am...
This is a new strategy for me, not sure if its a good idea or not.
But I hate waking up red red red on monday morning, just to hustle my day trading all day, to make a red day green.
Last edited: