
Ep. 90: Leif Soreide: How To Protect Profits By Being A Risk-First Trader
Investing With IBD
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How to Buy a Stock With a $3 Stop
The stock went from 122 up to 155 or so in like what, a week and a half? Yeah. And then that's compounding your gains quickly, right? Yep. So if you go off half your money at many, many multiples of your risk, then I can finance some other trades and you can have a huge position with a $3 stop. You're not going to make 70% probably if it's an easy buy. Even though that was an extended position, but it was just, you know, it just came out there. On this chart, maybe a 60 minute chart at that timeframe would make more sense. But yeah. Well, 11 to 11 to 20
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