Added HUYA and IQ (off you guys recommendations) and put in 10% trailing stop losses this morning.
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HUYA had a 7.5% day. hope you got in early enough to get that.
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Actually yes. 7.51% to be exact. hopefully It goes higher so my 10% trailing stop will be more than what I bought it for.
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How do you determine placing a Stop Loss order when entering a position? I would assume you don't do it for every investment.
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I'm the wrong person to ask. I just realize I can afford to lose whatever percent on whatever investment so the more volatile the stock, I'm more prone to up the Trailing Stop Loss %age so I don't miss swings. I know I'm not going to watch it daily so I usually put trailing stop/limit orders on stocks I can.
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Damn! This HUYA has gained 20% in a day. Good call.
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Lewdog you still in BABA?
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Huya and IQ both neck and neck

Dropbox is up 16% today
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You're gonna have to retire from retirement at this rate. Huya IPO'd May 10th. It's up 200% in a month and a couple of days. Good grief!
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Changed my 10% stop to a 5% stop about an hour ago and it triggered right at close @ 45.36. Great 30% gain over the 2 days. Thanks!
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Warren Buffet called at noon asking me for a stock pick. I told him to go buy GE and Shut the fuck up!!
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:-)
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Yes.

Swing traded a bit from 170-200. Then increased my long position around 200 again.
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i'm thinking hard about adding more SOGO tomorrow. It was up 7% today.

As IQ is the Netflix of China, SOGO is the Google of China and is only $14 but it looks like it's the next stock people are finding out about and starting to flood to.

gonna research a little more tonight. It was up another 4.63% after hours giving it a 12% day.
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Corn is shitting the bed fwiw. :-)
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