057: Jesse, @PsychoOnWallSt – $500k of “Beginner’s Luck” and How to Thrive as a Part-Time Trader
Chat With Traders
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How to Manage Your Trades
Ilyse Hogue: There are two types of setups that you trade or really like to focus on. She says one is range trading and the other is shorting these, um, the, the sector rotation. How long do you hold onto a stock for? Do you trail a stop behind your price by however much? Are there any rules about when it's OK to sell off an investment in this type of situation? Ilysowiec: The challenge is when it doesn't work, my ego, my stubbornness gets in the way.
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