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For those in the 250m-600m range shorting some slow bleeders how often do you reshort and take profits?
I just dont have enough $H to fulfill my strategies yet... please help me think through this scenario
You have been holding movie A as a short for two weeks. You rode it from 21.00 down to 17.50. You ideally want to take it down to 12 and let go.
You have been holding movie B as a short for a month. You rode it from 28 down to 23.25. You think its never going to get made.
You need money to play the openers... but you think both of these will continue to bleed. Do you go looking for a long investment you made for something releasing 2013 and lose it? Or do you reshort these and forfeit some of your take?
Just wondering if people have some insight to share here... Maybe you just go with your gut...
And if you dont want to talk about slow bleeders... whats a good droi rule on starbonds?
For those in the 250m-600m range shorting some slow bleeders how often do you reshort and take profits? Feb 18, 14:22
Reshorting is a port management discussion and does not apply only to bleeders. Advice inside... Feb 18, 15:41
well written and concise. thanks! {nm} Feb 18, 17:03
I think that's pretty good advice. Feb 18, 21:29
That's very true. Intuitive though sometimes easily forgotten. {nm} Feb 19, 17:26
Very helpful breakdown, thank you. Feb 19, 17:24
