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Updated March 14, 2024
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September 25th, 2014, 06:43 PM
Portland, Oregon
Market Wizard
Experience: Intermediate
Platform: F-16CM-40
Trading: GBU-39
Posts: 6,191 since Sep 2013
Thanks Given: 10,460
Thanks Received: 12,694
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
March 14th, 2024, 11:38 AM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,685 since Jun 2009
Thanks Given: 33,412
Thanks Received: 102,265
Who is on the Qualcomm train with me?
My cost basis is 142.44 (up 21%). I thought it would improve more. This is betting on future AI generation chips, as we cannot get enough of those right now.
Mike
March 14th, 2024, 11:59 AM
Prince George BC Canada
Legendary Market Wizard
Experience: Advanced
Platform: National Bank Direct
Broker: NBD/BMO/Questrade
Trading: Stocks
Frequency: Every few days
Duration: Weeks
Posts: 1,434 since May 2013
Thanks Given: 270
Thanks Received: 4,627
Big Mike
Who is on the Qualcomm train with me?
Mike
Are you a trader or an investor?
"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
March 14th, 2024, 12:03 PM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,685 since Jun 2009
Thanks Given: 33,412
Thanks Received: 102,265
deaddog
Are you a trader or an investor?
Yes.
I do more than one thing at a time. These days I prefer the peacefulness of holding positions weeks instead of minutes.
Others I hold until reason not to.
March 14th, 2024, 12:14 PM
Prince George BC Canada
Legendary Market Wizard
Experience: Advanced
Platform: National Bank Direct
Broker: NBD/BMO/Questrade
Trading: Stocks
Frequency: Every few days
Duration: Weeks
Posts: 1,434 since May 2013
Thanks Given: 270
Thanks Received: 4,627
Big Mike
Yes.
I do more than one thing at a time. These days I prefer the peacefulness of holding positions weeks instead of minutes.
Others I hold until reason not to.
OK
Maybe you could mention if a stock you are posting about is a trade or an investment.
You mentioned your cost base, at what point do you plan to exit?
you are up 21%, will you continue to hold if the price drops to below break-even.
Trying to get a feel for how others manage exits.
"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
March 14th, 2024, 03:20 PM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,685 since Jun 2009
Thanks Given: 33,412
Thanks Received: 102,265
deaddog
Maybe you could mention if a stock you are posting about is a trade or an investment
That was actually a great idea, which I followed through with here:
Thanks!
Mike
March 14th, 2024, 05:04 PM
Prince George BC Canada
Legendary Market Wizard
Experience: Advanced
Platform: National Bank Direct
Broker: NBD/BMO/Questrade
Trading: Stocks
Frequency: Every few days
Duration: Weeks
Posts: 1,434 since May 2013
Thanks Given: 270
Thanks Received: 4,627
Big Mike
That was actually a great idea, which I followed through with here:
Thanks!
Mike
But you didn't answer the question on your exit strategy for QCOM.
Quoting
You mentioned your cost base, at what point do you plan to exit?
you are up 21%, will you continue to hold if the price drops to below break-even.
"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
March 14th, 2024, 06:18 PM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,685 since Jun 2009
Thanks Given: 33,412
Thanks Received: 102,265
deaddog
But you didn't answer the question on your exit strategy for QCOM.
I'll be out if by/on May 3 doesn't runup at least another 10%.
What about you?
March 14th, 2024, 06:41 PM
Prince George BC Canada
Legendary Market Wizard
Experience: Advanced
Platform: National Bank Direct
Broker: NBD/BMO/Questrade
Trading: Stocks
Frequency: Every few days
Duration: Weeks
Posts: 1,434 since May 2013
Thanks Given: 270
Thanks Received: 4,627
Big Mike
I'll be out if by/on May 3 doesn't runup at least another 10%.
What about you?
No dog in the fight. Don't own it.
Like I said I'm interested in how other swing traders exit their trades. Always looking to tweak my exit strategy.
Why May 3rd?
Earnings announcement on May 1st.
"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
Last Updated on March 14, 2024