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Hi guys 20YO NSF ( Pes E) need some reccomendations for my port. Have been investing for 1 yr. Current return is ~30%. High to extreme risk tolerance / appetite , and enjoy high risk growth stocks. As such these stocks tend to get overextended so I will require some exit strats that have been proven to work well (eg Trailing Stop Loss ? )
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CommonSense Investor
11 Nov 2021
Certified Professional at Biotechnology and Gene Therapy Industry
Diamond Hands if fundamentals have not changed.
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If you have high tolerance then you should just hold for the long term instead of looking for an exit strat.
People usually only exit when they need the money, cannot take the losses or no longer think the company will grow.