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Strategies & Market Trends : Beat The Street With SI Traders
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To: ferris wheel who wrote (89853)9/21/2011 7:55:29 AM
From: jpthoma11 Recommendation   of 233869
 
It depends if I trade or if I invest.

I use stop losses in my trading strategy since I can't spend all day looking at the ticker!

I don't use stop losses when I invest. I even no more look at the stock price. I look at the company activities, business plan, results and if everything goes according to the plan, I keep the stock, whatever the price is. The market will always recognize a succesfull company.

But if things does not go as anticipated for the company (not the stock price), I sell, whatever the price is!

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