Sept. 8, 2020
Introduction
The stock market is downward and there is a big selloff. CVE.TO stock may have more losses. I have to manage the positions, and I like to make plans.
CVE.TO
I just realized that I have over $14,404 capital in the market. I need to learn how to invest long term on this stock CVE.TO.
I will review intrinsic value, and plan how to reduce the loss and get some return in next six to twelve months.
My stop loss order
Average cost: $5.90
Market price: $5.54
3 months lowest point. Stay positive. Be a long term investor. Every share I like to make profit $3.00 dollars.
Plan to hold more than six months. No matter what is happening.
Stop loss - sell when price drops, and buy lower price again.
$3.00 x 2600 shares = $7800 dollars gains!
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