
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
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