Great timing. Just before the bond market pushed down the entire market, including QBTS. I'm now waiting to see when a good re-entry point may be. I'm thinking somewhere between $10-$11.
Where it was 5 days ago. And ASPI did not seem to be impacted by the drop. It's actually trading higher right now. I was thinking of buying more yesterday, but unfortunately did not pull the trigger. GLTA.
A chance to get back into QBTS would be good but I am not going to set a price in advance. ASPI is looking very good, we might have a big winner there. Hopefully one more trade this month, need to spend some of that QBTS profit!
Hello, The results of your policy have proven to be exceptional. I was wondering about the exit strategy. Is it about trying to squeeze out the last few dollars because they have a significant statistical impact on the gains? Is it about getting the maximum juice from a perfectly ripe fruit? In short, is it more interesting to maximize the end gains at a risky time rather than withdrawing and reallocating the profits elsewhere when satisfied ?
It is a good question; I try to get most of the move. In the case of D-Wave, it could be on the way to $50, in which case I have made a poor decision, but it could also be heading back to $10, in which case I made a good decision. We are predicting the future, knowing that it cannot be done with absolute certainty.
Once I have decided the move is more hype than fundamentals, I just watch and try to guess when the hype move has played out, then take my profit- unfortunately, it is just a guess, based on experience, but still a guess.
Reallocating is difficult in my plan; most people share the money around the existing trades, but I chose to leave the cash on the account until a new opportunity arrives.
Great profit and we can always enter again at a lower price (hopefully!).
Great timing. Just before the bond market pushed down the entire market, including QBTS. I'm now waiting to see when a good re-entry point may be. I'm thinking somewhere between $10-$11.
Where it was 5 days ago. And ASPI did not seem to be impacted by the drop. It's actually trading higher right now. I was thinking of buying more yesterday, but unfortunately did not pull the trigger. GLTA.
A chance to get back into QBTS would be good but I am not going to set a price in advance. ASPI is looking very good, we might have a big winner there. Hopefully one more trade this month, need to spend some of that QBTS profit!
Hello, The results of your policy have proven to be exceptional. I was wondering about the exit strategy. Is it about trying to squeeze out the last few dollars because they have a significant statistical impact on the gains? Is it about getting the maximum juice from a perfectly ripe fruit? In short, is it more interesting to maximize the end gains at a risky time rather than withdrawing and reallocating the profits elsewhere when satisfied ?
Thank you for the explanations,
It is a good question; I try to get most of the move. In the case of D-Wave, it could be on the way to $50, in which case I have made a poor decision, but it could also be heading back to $10, in which case I made a good decision. We are predicting the future, knowing that it cannot be done with absolute certainty.
Once I have decided the move is more hype than fundamentals, I just watch and try to guess when the hype move has played out, then take my profit- unfortunately, it is just a guess, based on experience, but still a guess.
Reallocating is difficult in my plan; most people share the money around the existing trades, but I chose to leave the cash on the account until a new opportunity arrives.
Great Pick. Great result. Great content!
Thanks, we are doing well at the moment
Thanks Stephen for another great pick