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  • Curunir

    Member
    July 8, 2021 at 5:40 pm

    The “small amount to cover investment” should NOT happen too early, or that “small amount” will actually be a lot.

    Let’s say you have 100 shares. If you want to cover your investment when the price hits $100 that’s going to be a lot more of your shares needed than if you wait until it hits $500.

    Personally I’m setting aside 20 shares for this reason. I now have a number and can calculate the minimum $ value we need to hit for that to do what I want. If I did it reverse and off of emotion I may find myself selling off 100 shares or more at a lower value and regret it later for several reasons.