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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ron McKinnon who wrote (42599)8/8/2002 7:28:51 AM
From: DanZ  Read Replies (1) of 53068
 
Well, at some point I will throw in the towel on a stock...but I am willing to give an "investment" more room than Nemer would find comfortable for a "trade". If you buy a stock for an expected 1 to 2 year hold, you are just throwing money away if you have a 7% stop. The odds of getting stopped out before the stock reaches your 1 to 2 year target are very very very high...maybe even 100%. lol
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