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Author Topic: MCLD
mantistrade
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Hi, I bought 2200 shares of MCLD at .61

Yesterday it hit about .91 and now its dropping a bit.. Its at .82

Should i sell this or keep it? It's had some great news in the past couple of days and was doing really well up until today.

Any advice would be appreciated.

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Bob Frey
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If you need to ask I would suggest you sell.

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mantistrade
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I'm only asking because im new to this. It's only $1500 so I dont mind if i lose money. I'm just experimenting. It's not my life savings or anything.

If there's good potential, im even willing to forget about it.

What would you do?

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Bob Frey
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Like I said I would sell.
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Machiavelli
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I would read a book after you sell your shares so you know your own answer with your future trades... but like Bob said sell... take your profits and run.. next time perhaps put a stop/loss or trailing stop/loss if your broker allows it..

Books:

A Beginner's Guide to Short-Term Trading by toni turner www.toniturner.com

The Candlestick Course by Steven Nison www.candlecharts.com

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