Trading IBD Stocks

[buynholdisdead]

@PuddinHead42

I owned a half position in VRT. Bought it on a breakout, then on day three it had an outside day with a downside reversal. I said to myself that Webby might sell because of that, but I was only down a tiny bit. The next trading day it was down 30% on DeepSeek news. No way to get out at 7-8% loss with that opening gap down, but it looks like a stop loss would have saved me some pain. I am always skeptical about news from China so did not want to sell right way. It did bounce back some but could not get above 50% retracement, so I sold today to buy DUOL. On the other hand CRDO did quickly move above its 50% retracement, so I added to that.

Pete I decided to not set stops because I said to myself. I will sell them if they drop to much. Then I went up to Seattle and couldn’t watch the market because I was running around with relatives. OOOOPS. I realize I have a hard time selling because I have been taught to buy and hold. So I am picking up the pieces now(my portfolio only went down 4.5 percent but some stocks dropped much further) and setting stops. I have learned my lesson. When running around it is hard to keep up.Luck Alab and NBIS are coming back and I was able to pick up some leaps in NVDA.