Investing With IBD cover image

Ep. 8: How Google's Chart Provides The Blueprint For Buying Hot IPOs With Mike Webster

Investing With IBD

00:00

The Importance of a Good Exit Strategy

If you're going to take a little bit more risk, right, go smaller, but I always have an exit strategy. If you have a good exit strategy, that gives you more flexibility. Bend the rules a little bit. Whenever I ever try something like this, where I'm bending the rules, I always go in smaller too. Yeah. And like you said, know your exit strategy. So your key points are typically your pivot day low and the day before your pivot day high. When they break those, regardless of its 7 or 8% and they close below those, as your warning sign that, you know what, maybe this breakout is not going to work. You can just

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app