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Cashed Out..... Halfway

Writer's picture: Backspin TradingBackspin Trading

Holding stocks, as you know, isn’t my favorite thing to do. So when I got the chance to dump BX and RC, I did. Originally purchased as dividend stocks, I would’ve had to wait 6 quarters to get that payoff. Truthfully I really believe I’ll have a chance to pick these up at a discount again. So strongly that I already have purchase orders so I don’t even have to think about it. The name of the game is to not lose money. How you do that is up to you, but the way I do it is to buy as low as I can and then sell high as I can. Simple. Considering the headaches I suffered watching the market go haywire last year, I can even count this profit as payment for suffering. Know yourself and increase your chances for success. Trade well, y’all!


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