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One of my problems is taking profits too early with stock. If I were patient I would have made over 1k on RMTI on Friday. I decided to buy more at $10 and swing it. I'm counting on it gaping up with all the hype and momentum.
Now say it jumps, when do I take profits? I don't want to be greedy but I also have a hard time reading the market. I don't go off of news but the hype behind this stock feels like it could really go the distance. Maybe 12 to 15 bucks.
I want to make great trades and not focus on the money side of it. Sould I sell half (500) shares Monday if it gaps and let the rest ride? I'm feeling like that would be a good trade and not motivated by money
Can you help answer these questions from other members on NexusFi?