Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching Best Stocks in My Portfolio: Sold MOD Bought TMDX. and this video is uploaded by Animal Donut at 2024-05-27T06:00:06-07:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [6OdRX5mnju4]
| Name | Best Stocks in My Portfolio: Sold MOD Bought TMDX |
| Video Uploader | Video From Animal Donut |
| Upload Date | This Video Uploaded At 27-05-2024 13:00:06 |
| Video Discription | This month I experimented with a new approach to stock trading. I bought 5 stocks to beat the S&P 500 Index and had a new way to trade that I hadn't used before. This approach is one I learned from professional traders featured in a few books I'm currently reading about experienced traders. I decided to set "trailing stop loss" orders on every stock I bought for this portfolio. A trailing stop loss follows the price a stock trades as a stock moves up, and it monitors the stock as it moves and orders my stock broker to sell any stock if it declines a certain dollar or percentage amount from its high. In the case of this portfolio, I set the trailing stop to sell my stocks in a market order after a decline in price 20% from the high. This type of order can be used to control the amount of loss of any specific stock in a portfolio. I placed trailing stop loss orders for: Constellation Energy #ceg Vistra Energy #vst Axsome Therapeutics #axsm Eaton #etn Modine #mod On Monday, May 20th, 2024 the price of Modine (MOD) stock dropped 20% from its high (since I purchased the stock) and my brokerage firm sold the stock and the proceeds of liquidation appeared in my "cash" account. Because I want to remain invested in stocks I used the proceeds of the sale to purchased stock in Transmedics Group (TMDX) in place of Modine (MOD). In this video I briefly update the stocks in the ANDO ETF (a fictitious portfolio I have created - it is not available for purchase) and then show the updates to the portfolio. Let me know any ideas, opinions, or thoughts you may have in the comment section. This video is provided for educational purposes. This is not investment advice. [6OdRX5mnju4] |
| Category | Education |
| Tags | modine | transmedic | transmedics | constellation energy | constellation | vistra | vistra energy | eaton | axsome | mod | tmdx | ceg | vst | etn | axsm |
