HSX Forum

Playing & Trading Strategy

Honestly, only *you* can decide when the best time to sell is... or how much profit you want, will a stock go up more, etc?

Posted by: Flash on Jun 05, 08:08 in response to Dorfman's post Question about Penny Stocks and when to sell.. Is there...

Be wary of anyone who tells you what stocks to buy, when to sell, when to short, etc.

Basically, if you feel a penny stock will go higher, and there's a good chance the movie will move into production, then why not hold onto it?

If you are happy with the $$ you've made, you can sell the penny stock and move on to something else.

YOU are the only one who knows how much (or how little) profit you can tolerate vs. the time it takes to make it...everyone has different trading styles, and there is no right or wrong way.  Some people make their $$ and move on.  Other people hang in there longer and may make more, but have to tie up the cash longer.

If you have the cash to use, and you don't mind the wait, and you feel the prices will go higher, then wait them out and see.

There's is no cut and dry answer for 'when' to sell a stock - only you know how much risk, or how much time you want to invest in holding it.

Sorry I can't be more precise, but everyone's trading style is so different.  Smile





Post a Reply

To post to the forums you must first login!


Lords of War (LRDW2) 25000 9.63 (+2.06)          Compassionate Release aka The Fr (CMPSN) 20000 36.91 (+1.42)          Drummer Boy (DRUMB) 150000 15.25 (+1.34)          Drummer Boy (DRUMB) 150000 15.25 (+1.34)          The Hunger Games: Sunrise on the (HGAM6.CA) 25000 2.00 (0.00)          The Hunger Games: Sunrise on the (HGAM6.OW) 100000 90.00 (0.00)          I Play Rocky H$15 Call (IPROC.CA) 25000 2.00 (0.00)          I Play Rocky - Opening Weekend (IPROC.OW) 100000 15.00 (0.00)          Magic: The Gathering (MGCTG) 150000 32.57 (+7.90)          The Cat in the Hat H$40 Call (TCATH.CA) 25000 0.12 (-0.34)          Cold Pursuit 2 (CLDP2) 150000 0.03 (-0.06)          Cold Pursuit 2 (CLDP2) 150000 0.03 (-0.06)          Cold Pursuit 2 (CLDP2) 150000 0.03 (-0.06)          Hexed (HEXED) 50000 102.99 (-0.98)          Bitter Christmas (BITRC) 7 0.72 (-0.02)          Wildwood (WILDW) 4 36.46 (+1.08)          X-Men aka Mutants (XMEN8) 53 221.33 (+0.84)          Wild Horse Nine (WILDH) 150000 14.25 (+0.89)          Ramayana - Opening Weekend (RAMAY.OW) 100000 6.90 (-0.08)          The Cat in the Hat (TCATH) 150000 90.99 (-4.12)          The Hunger Games: Sunrise on the (HGAM6.CA) 25000 2.00 (0.00)          Magic: The Gathering (MGCTG) 150000 32.57 (+7.90)          Magic: The Gathering (MGCTG) 149999 32.57 (+7.90)          The Cat in the Hat (TCATH) 1 90.99 (-4.12)          The Cat in the Hat (TCATH) 1 90.99 (-4.12)          Lords of War (LRDW2) 150000 9.63 (+2.06)          Stiletto (STLTO) 150000 2.38 (+0.01)          The Hunger Games: Sunrise on the (HGAM6.OW) 9428 90.00 (0.00)          The Hole (THHOL) 150000 6.00 (0.00)          Godzilla Minus Zero - Opening We (GODM2.OW) 100000 31.00 (-2.33)          Will Poulter (WPOUL) 25000 11.03 (+1.18)          Kurt Russell (KRUSS) 25000 123.34 (+3.61)          The Cat in the Hat (TCATH) 4999 90.99 (-4.12)          Jeremy Allen White (JEAWH) 25000 47.88 (-1.17)          Compassionate Release aka The Fr (CMPSN) 20000 36.91 (+1.42)          Lords of War (LRDW2) 25000 9.63 (+2.06)          Jessica Chastain (JCHAS) 25000 13.06 (-1.17)          Tyrant (TYRNT) 100000 21.07 (+1.26)          Billy Magnussen (BMAGN) 25000 54.45 (+1.28)          Aaron Sorkin (ASORK) 25000 11.80 (-0.83)          Ghost Soldier (ARCNG) 26169 23.34 (-0.65)          The Asian Fund (ASIAN) 20000 20.18 (+0.18)          Godzilla Minus Zero (GODM2) 8064 77.30 (-0.68)          The Hole (THHOL) 150000 6.00 (0.00)          I Play Rocky H$15 Put (IPROC.PU) 25000 2.00 (0.00)          I Play Rocky H$15 Call (IPROC.CA) 25000 2.00 (0.00)          I Play Rocky - Opening Weekend (IPROC.OW) 100000 15.00 (0.00)          The Hunger Games: Sunrise on the (HGAM6.PU) 25000 2.00 (0.00)          The Hunger Games: Sunrise on the (HGAM6.CA) 25000 2.00 (0.00)          The Hunger Games: Sunrise on the (HGAM6.OW) 100000 90.00 (0.00)