I keep very tight stocks for hatred of losing more than 500 bucks. But I lost much more than I gained or protected. With my luck the day I extend the stops , equities will drop3% and then shoot for the stars.
A lot of people say to use a 10 -15% stop. I prefer your approach and when I am up I keep the stop as close as possible. I have an aversion to having profits evaporate like black magic. On the other hand it's often better to keep the 10% stop in the long run. If only we had a crystal ball. I...
Again you have given me confirmation on something. I have been trying to figure out where to put my stops. I have found that I have no stomach for large losses. Many times if I am ahead by a good amount I place my stop where it will probably stop out on a downtick but I have at least protected...
Thank you DHOHHI I have been trading in isolation and book learning it. It's comforting to know a man who has been trading for over a decade and has been alive long enough to have matured emotionally is trading in a way I can relate to. My losses were a lot greater in the beginning. My point...
I still remember seeing the CD's on the bank sign for %18. Do you think they actually paid anyone that for 30 years or is there a mechanism in place to pay investors off early who took the offer?
Bespoke-Thank you for an honest feedback that had info I could use.
C-Kid I was afraid a childish chest thumping Kid like yourself would give me useless banter. Feel better? Good. I would appreciate not hearing from you again. What were you last time oil really ran up(cds were selling for...
I have been seriously trying to learn for about a year now. I average about 1.5-2 million in buys a month. Today, I have made
15 filled trades which is normal.
I am ahead about 7 thousand but I could easily be under a few thousand.
I am glad I haven't ruined my family's finances and I...
They own property in Australia that has been mined in the past. Today it's up
over 14%.
Also GBRC has a machine with patents that uses microwave and vacuum to get oil from tires ,plastic, and everything from shale to oil sands. They are also working on a unit to put down wells. I think...
JRCC has had a great quarter. I finally bought this morning after it had already gone up. Normally I wouldn't buy after a stock has gone up but I've seen this stock going mostly up for a couple of months.
ICO another coal stock was going up and down between 8-10 like clockwork but it's...
I agree with the trader/economist. There has never been this many fundamentals pressing down on the American economy.
We got an artificial boost from the housing bubble as the dollar weakened but we didn't feel it as China delivered cheap goods from low payed workers. That's now turned into...