How to Exit
So I’m kind of running into a problem here. I’ve been swing trading for a few weeks now making about 40-100% profit on most trades. I find these stocks purely from twitter & reddit & use intuition to determine if I buy it. I don’t know anything about charting or technical analysis. The issue is SOME of the trades continue to run up way beyond my exit, and this has happened far too many times.
What can I use to figure out if my swings have the potential to keep running. For example today I sold XTIA at 0.06 with a healthy 50% profit but then a few hours later it climbed all the way to 0.16….
I know I shouldn’t get greedy and I’m not, but if there’s a way to make an educated guess on if it’ll keep moving up please help me.