I've heard of dollar price averaging when buying an asset, is it a thing to dollar price average your exit? Every time I sell it either bounces back up or keeps going up anyways, should I be splitting my exit along some time period? Any retard with experience doing this?
Yes, set reasonable sell orders and wait for them to hit.
>>60888406source on this brapper
>>60888406Yes
>>60888406I haven't thought of it this way, but I kind of do it.Much larger amounts than my regular paycheck DCA of a couple hundred bucks, but when I exit, I tend to sell in chunks. Usually starts with selling maybe 20-30% so I don't feel like everything's tied up if it drops.Maybe I pull a little more later if I'm feeling less confident in it.When it gets low enough, I wind up saying "fuck it, why be in it at all right now?" and pulling the last chunk out.
>>60888406Yes, "positive slippage".If the stock does a big pump consider immediately taking some off the table. Not for swing trades, but if it's short term trade and you get a big pump then yes, take something. Even for a swing trade, rather than trying to time the exit exactly, you could get out in three thirds.
>>60888406If you're in a shitcoin you're stuck playing the liquidity game which can be difficult.
