This segment features a wide ranging discussion on what to do and what not to do during panic situations in the market with real life examples. Watch this segment and learn from Tom and Tony.
Tom looked at his position in ASHR. His position changed radically with the huge selloff in China. Tony made the important point that with the markets being very wide it was critical to place a carefully chose limit order. Tom explained his thoughts on adjusting his position to deal with the new reality.
Tom went through his thought process when deciding what to do in BIDU and EBAY. He does not “sugarcoat” anything when discussing his ugly position. Tom explains what he means when he says that, “you take profits when you have to not when you need to” and the duo warn that when liquidity dries up the best place to be is on the sideline.
Watch this episode of “What Else Ya Got?” with Tom Sosnoff and Tony Battista and watch how they manage current positions when the markets are in crash mode