Target was hit on Utilities Fund (XLU) at $78 for a 4.6 % Gain.
Target was Hit at Utility Fund (XLU)
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Target was hit on Utilities Fund (XLU) at $78 for a 4.6 % Gain.
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put the trade in last night. only bought 100 shares because it was my 1st trade with ATGL
Great!
would you generally advice to exit a trade at the target, or to trail a position even after the target is hit? I was splitting it roughly 50-50 between those ideas on most trades, but I’m still looking to optimize it. On this particular PLUG trade, in hindsight we can say that selling at target was much better, but I’m inquiring about a general approach.
Hi Volodymyr. The answer depends on the strength of the Stock Market.
Currently the major Indices are Below the Green Lines (more Sellers than Buyers).
And the FED is Tightening (sugar high of money) is gone. So bagging a nice profit at the Target, in this market is currently working better…
Thanks for writing.
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