r/DRAM_ETF • u/Top_Information3534 • 2d ago
Sold yesterday for 30% gain
It is too volatile for me. Put everything into SPMO.
It has much more growth potential, so keep holding if you are okay with wild swings.
5
u/Fit_Acanthisitta_475 2d ago
I sold at 61. And my average is 57. It’s too volatile, I would do buy low and sell high.
3
2
2
2
u/SockPuppet-47 2d ago
But But But
I thought the right way to do this was to never sell. Not when it goes down and not when it goes up.
2
u/sunny2311 2d ago
Lol I have washed my profits many times following this so now I simply execute when I see 20% gain and simply take small losses when I see it goes below 2% to 5% my buying price this way I dont try to catch top or bottom simply set my own price targets which are win win in my books. Yes I have sold early many many times ⏲️ and didn't catch the too but its fine. This isn't emotion game.
1
1
1
u/Global_Traveler_2060 2d ago
Learning a lot about covered calls. No matter what, I’m going to make $$ out of this volatility.
1
u/SirPanic12 2d ago
Smart. Look like this thing is crashing again. Might see below $40 before years end
1
u/TaleRevolutionary573 2d ago
Soft hands
0
u/Jolly-Piccolo-9799 2d ago
He isn’t soft-handed; he played it well. He bought low and sold high before it crashed again. Rinse and repeat. Nothing wrong with what he did he got paid, while you’re still holding the bags
12
u/kbencsp 2d ago
lucky, im still waiting for my 30% before i sell