Registered: Mar 2004
08-02-05 05:16 PM
Quote from stockhero:
yeah DT, I'm pretty tight on my stops with those, even though i tend to keep em mental due to the often low volume, high volatility nature of em. of course as I'm getting used to em I find too often I'm getting out too early on the gainers. LNCR and CERN were sick picks this morning - I got about a quarter from each but they immediately surged 2 bucks within 5 mins after - i love that crap...good luck today sir i'm done after a bunch of MOO's came through for me --
You are pointing out an important point. You don't want to trade my method going for quarters. I try shooting for points, big moves. That is why I can get into something with 200-300 shares and scale up if I need to. I think that is the only way to trade RIMM, GOOG, SHLD,etc.