It has pulled back every 2 months for the past 8-10 months and the next drop looks like around April 8-10. Let's see if this happens again and maybe I'll sell my stake and make the bet.
Can you recommend any good books on getting into options trading? Or, from anyone else
I'm up 35% this year and the past two at the same 35%, but that is just with basic stock trading.
It's your call! No one can determine your level of pain and your other variables. Live and learn and set your own points of selling. Just never let a profit become a loss and you'll end up ahead. Maybe not as much as others who are willing to stay in on the drops, but then again, you can always buy back in and if it's at a lower price, then you'll be in the money earlier!
It's a case by case argument....I sold EMES at $138 in late August when everyone was saying that it was going higher and to bank on it. Then it proceeded to drop almost 100 pts.
All stocks will retreat at some point...that's the game.
Then sell a couple of shares each year. Do you want a 1% yearly divy, or 30% or more price appreciation. Too much emphasis is put on dividends this year, and the fools want you to hold stocks just because of the divy, enough though the share price goes down more than the divy.
Too long for me...I look for 20% on all trades within 2 months. I didn't sell today, but will if it lags another week. My others are SWKS, AMBA, UA