There is only one thing to do when you are in the red. Cut your losses ASAP. There is no second option. Now that you are “stuck” in a losing position its time to draw an action plan to get out. If I was in your exact situation this is what I would do here. Let’s say you have 100 shares. I would set 50 shares with a GTC SELL STOP order below .23 I would have the final 50 shares at a GTC SELL STOP order below 0.21. I then would also currently have two GTC SELL LIMIT orders @ .30 and .47. Those would stay on the books until I was out of RHE.
Please let me know if you have any further questions. Aloha.
Hi I have problem with RHE
didn’t pull out when it was over.40
average .35
any thing you can recommend to me
thanks
Aloha Junzhu.
There is only one thing to do when you are in the red. Cut your losses ASAP. There is no second option. Now that you are “stuck” in a losing position its time to draw an action plan to get out. If I was in your exact situation this is what I would do here. Let’s say you have 100 shares. I would set 50 shares with a GTC SELL STOP order below .23 I would have the final 50 shares at a GTC SELL STOP order below 0.21. I then would also currently have two GTC SELL LIMIT orders @ .30 and .47. Those would stay on the books until I was out of RHE.
Please let me know if you have any further questions. Aloha.